By Lei Delsen, Eelke de Jong
ISBN-10: 3642590195
ISBN-13: 9783642590191
ISBN-10: 3790810649
ISBN-13: 9783790810646
Institutions have either confident and unwanted effects on monetary functionality. The theoretical and empirical realizing of the jobs performed by way of associations, norms and tradition within the functioning of markets nonetheless is proscribed. This booklet contributes to a greater knowing of the function performed through associations in fiscal lifestyles and to extra balanced and higher based coverage judgements on the topic of the (re)structuring of commercial economies based on the structural alterations - internationalisation of the economies, the advances in info and communique know-how and the getting old of populations - all of them are faced with.
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Additional resources for The German and Dutch Economies: Who Follows Whom?
Sample text
The fmancial structure, monetary policy and competition policy are addressed. In Chapter 5 Lex Hoogduin and Henk Huisman discuss the differences and similarities of the financial structure in Germany and the Netherlands. The German financial system is a typical example of the continental 'bank-based' system, which is characterised by: riskavoiding, co-operation, and long-term relationships between those who demand and those who supply capital. Although basically, the Dutch financial system is also 'bank-based', it contains more than the German system elements of the Anglo-Saxon 'market-based' financial system.
1994), Paying for Inequality. The Economic Cost of Social Injustice, Rivers Oram Press, London. Hampden-Turner, C. and F. Trompenaars (1994), The Seven Cultures of Capitalism, Piatkus, London. -H. and G. : Uneven Globalization and the End of the Cold War, Westview Press. Boulder CO. Kleinknecht, A. and J. ter Wengel (1996), Feiten over globalisering, Economisch Statistische Rerichten, 9 October, pp. 831-833 (in Dutch). Klundert, Th. van de and S. Smulders (1997), Marktwerking of dynamiek, Economisch Statistische Rerichten, 14 May, pp.
Although the public debt level is still higher than 60% of GDP it is declining and therefore the Netherlands also meet this criterium (see Jochimsen, Chapter 6 in this volume). The 'Dutch model', including the constructive role of the trade unions and the extraordinary growth of part-time work is considered as an example by Belgian, French and German politicians and employers. Also central bankers consider the Dutch approach a success and the reforms of the institutional structure over the past few years are praised.
The German and Dutch Economies: Who Follows Whom? by Lei Delsen, Eelke de Jong
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