Government
| This section does not cite any references or sources. |
While the private sector is the cornerstone of the Dutch economy, governments at different levels have a large part to play. Public spending, including social security transfer payments, is at 47.9% of GDP (2005). Total tax revenue was 37.5% of GDP (2005), which is below the EU average. In addition to its own spending, the government plays a significant role through the permit requirements and regulations pertaining to almost every aspect of economic activity. The government combines a rigorous and stable microeconomic policy with wide-ranging structural and regulatory reforms. The government has gradually reduced its role in the economy since the 1980s. Privatisation and deregulation is still continuing. With regards to social and economic policy, the government cooperates with its so called social partners (trade unions and employers' organizations). The three parties come together in the Social-Economic Council (‘Sociaal Economische Raad’), the main platform for social dialogue.
Read more about this topic: Economy Of The Netherlands
Famous quotes containing the word government:
“What shall we think of a government to which all the truly brave and just men in the land are enemies, standing between it and those whom it oppresses? A government that pretends to be Christian and crucifies a million Christs every day!”
—Henry David Thoreau (1817–1862)
“The republican is the only form of government which is not eternally at open or secret war with the rights of mankind.”
—Thomas Jefferson (1743–1826)
“The rights of persons, and the rights of property, are the objects, for the protection of which Government was instituted.”
—James Madison (1751–1836)