By Lei Delsen
To what does the Netherlands owe their contemporary fiscal good fortune? Will the polder version turn into the sufferer of its personal good fortune or will the probability come regularly from open air? within the Netherlands, polder are small groups hemmed in through dykes outfitted to withstand fast emerging tides, and accordingly indicate communal attempt to mediate destructive open air forces. Translated in to financial phrases, the polder version entailed tripartite cooperation among company, govt, and hard work to guard the nation's monetary and social health. Delsen evaluates contemporary adjustments within the Dutch economic climate because of globalization and American dominance and concludes that the polder version is attaining its finish.
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Additional info for Exit Polder Model?: Socioeconomic Changes in the Netherlands
De Jong 1996). Both the shareholders and the employees in Rhineland enterprises are better off in the long term (Van Witteloostuijn 1999). The contradictory conclusions of these examinations illustrate once again the difﬁculties of estimating the inﬂuence of regulating or deregulating the economy. Benchmarking the Netherlands: Test of Dutch Competitiveness, published in 1995 by the Ministry of Economic Affairs (EZ 1995), shows that the Dutch labor, capital, and product markets have a limited possibility for absorption.
This shift was made possible through ﬂexibilization and went hand in hand with a shift from full-time to part-time and ﬂexible jobs. It can be concluded that Dutch industry has scored well in the last few years. Exports increased as a result of the increase of productivity and not—despite the polder model—through mod- 34 Successes of the Polder Economy eration of demands of wages (Salverda 1999). Increasing employment mainly sprang from consumptive expenditure through moderation of wages, which caused redistribution.
In addition, wage ﬂexibility is greater in the Netherlands than in the United States. Consultative institutions create a particular order and stability in markets and prevent market failures, such as the holdup problem, the prisoner’s dilemma, and the freerider problem. This stimulates a long-term orientation. Chapter 6 considers the social and economic functions of the Dutch welfare state. The central question that has to be answered is whether the welfare state Introduction 21 is a cost item or an investment.
Exit Polder Model?: Socioeconomic Changes in the Netherlands by Lei Delsen