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Dutch Economy 2012
        and
   Labor Market




                         District 1580 - Rotary international
  R.C.W. van der Voort
Entrepreneurship and Economic Growth:

   Europe gdp/cap 1000-2000 (Maddison, 2001)

18400
16400




                                                   District 1580 - Rotary international
14400
12400
10400
 8400
 6400
 4400
 2400
  400
     1000   1200   1400       1600   1800   2000

                          2
Some Data

 GDP growth:     0.0%
 GDP:            $827bn    (PPP: $743bn)
 Inflation:      1.9%
 Population:     16.7m
 GDP per head:   $50,960   (PPP: $43,570)




                                                                   District 1580 - Rotary international
                              NNI: 1980-2010:          * 2.5
                              Besteedbaar Ink: 2000-10 + 34%




                                                               3
Financial Revolution: > 1980
   Banks
    Producers of innovative financial products:
    Securitization
   Banks




                                                          District 1580 - Rotary international
    Financing households
     o Financial market versus domestic saving
    Financing Enterprises
     o Sale of Dutch Enterprises
    Financing Countries
     o Story of ABP
     o Dependency of International Financial Market
     o Impact of Trust
                                                      4
Dutch Prospect
   Economic Crisis and Economic Growth
    No fiscal policy to Stimulate Growth
     o European Regulation
     o Deficit 3%
     o Debt: max 60% GDP




                                                District 1580 - Rotary international
    No Monetary Policy to boost Growth
     o Euro
    Only Labor Market:
     o Flexibilty




                                            5
Reflections on the Labor Market
  Discussion ZZP versus Institutions
    Individual Entrepreneurship
    Frame Work and Limits
  Is there a limit on Flexibility




                                                       District 1580 - Rotary international
  Case: Cleaning Business
  Values and Social Responsibility
    Anselm Grün/Hein Pieper: Plezier in je werk
    Rotarians as Entrepreneurs

                                                   6

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Dutch Economy and Labor Market

  • 1. Dutch Economy 2012 and Labor Market District 1580 - Rotary international R.C.W. van der Voort
  • 2. Entrepreneurship and Economic Growth: Europe gdp/cap 1000-2000 (Maddison, 2001) 18400 16400 District 1580 - Rotary international 14400 12400 10400 8400 6400 4400 2400 400 1000 1200 1400 1600 1800 2000 2
  • 3. Some Data GDP growth: 0.0% GDP: $827bn (PPP: $743bn) Inflation: 1.9% Population: 16.7m GDP per head: $50,960 (PPP: $43,570) District 1580 - Rotary international NNI: 1980-2010: * 2.5 Besteedbaar Ink: 2000-10 + 34% 3
  • 4. Financial Revolution: > 1980 Banks  Producers of innovative financial products:  Securitization Banks District 1580 - Rotary international  Financing households o Financial market versus domestic saving  Financing Enterprises o Sale of Dutch Enterprises  Financing Countries o Story of ABP o Dependency of International Financial Market o Impact of Trust 4
  • 5. Dutch Prospect Economic Crisis and Economic Growth  No fiscal policy to Stimulate Growth o European Regulation o Deficit 3% o Debt: max 60% GDP District 1580 - Rotary international  No Monetary Policy to boost Growth o Euro  Only Labor Market: o Flexibilty 5
  • 6. Reflections on the Labor Market Discussion ZZP versus Institutions  Individual Entrepreneurship  Frame Work and Limits Is there a limit on Flexibility District 1580 - Rotary international Case: Cleaning Business Values and Social Responsibility  Anselm Grün/Hein Pieper: Plezier in je werk  Rotarians as Entrepreneurs 6