The rapid growth performance of the Dutch economy in terms of growth in real GDP, employment and per capita income can be traced back to the mid-1980s. This paper suggests that the growth acceleration of the Dutch economy has primarily been the result of a below-average performance during...

This paper introduces a general, formal treatment of dynamic constraints, i.e., constraints on the state changes that are allowed in a given state space. Such dynamic constraints can be seen as representations of "real world" constraints in a managerial context. The notions of transition,...