Economic growth recovers: crisis will be felt in public finances for a long time
March 16In a no-policy-change scenario, GDP growth will average 1¾% per year over the next cabinet period (budget years 2011-2015). Relative to earlier cabinet periods, growth in the next period is lower, due to a much smaller increase in labour supply. Unemployment is projected to diminish somewhat from 6½% in 2011 to 5¼% in 2015.
The Dutch economy is expected to grow by 1½% this year and 2% in 2011.
Following the historically deep economic contraction in 2009 (of 4%),
unemployment will rise to 500,000 (on average) in both years. The average
contractual wage increase is projected to equal inflation, at 1¼% in 2010 and
1½% in 2011.
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An international scientific Review Committee has judged CPB's work and organisation
March 9An international scientific Review Committee has judged CPB's work and organisation. The Review Committee states that in bridging the gap between academic research and policy making, CPB provides high quality research. Nevertheless, scientific quality could be further enhanced through a more systematic effort at publishing in academic journals and a more systematic use of links to the academic community (external quality control), a more consistent use of internal seminars and a more open and critical scientific culture (internal quality control).
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Self-selection based on productivity drives export decision Dutch firms
March 8In their decision whether or not to start exporting, Dutch firms are guided by their own productivity advantage. Two to three years before starting exports, firms are already more productive than their domestic non-exporting competitors.
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World trade monitor: December 2009
March 1The volume of world trade grew by 4.8% in December, following an unrevised increase of 1.1% in November.
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