The familiar shape of western cities is changing dramatically. For long times the urban core was taken for granted as the focal point for international contacts and day-to-day activities in the region. Currently, the urban scope is transforming into multi centred forms at metropolitan scale. The...

This paper presents case studies of macroprudential policy in five jurisdictions (Hong Kong SAR, the Netherlands, New Zealand, Singapore, and Sweden). The case studies describe the institutional framework, its evolution, the use of macroprudential tools, and the circumstances under which the...

This paper describes economic developments in the Kingdom of the Netherlands during the 1990s. Following a slowdown in 1991–92, the Dutch economy experienced a mild recession in 1993 with GDP growth falling to about 1⁄2 percent. Output was sustained by external demand, which contributed...

This paper analyzes whether the lower increase in wages was a factor in the labor productivity and employment developments in the Netherlands. It argues that there is indeed such a link: rapid wage growth leads to a substitution of capital for labor, and hence to less labor-intensive production;...

The Netherlands Authority for Financial Markets (AFM) has developed a robust supervisory framework, which exhibits high levels of implementation of the International Organization of Securities Commissions Principles. The AFM’s efforts are complemented by The NetherlandsCentral Bank's (DNB)...

Significant legislative changes and regulatory developments have taken place in the Netherland’s insurance sector. The initial Financial Sector Assessment Program (FSAP) and the current assessment are benchmarked against the Insurance Core Principles (ICPs) issued in 2003. Progress has been...