The Netherlands and EMU: A Small Open Economy in Search of Prosperity

Amy Verdun

in European States and the Euro

Published in print March 2002 | ISBN: 9780199250257
Published online November 2003 | e-ISBN: 9780191599101 | DOI:
 The Netherlands and EMU: A Small Open Economy in Search of Prosperity

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Examines how EMU has affected Dutch economic and monetary policy. First, it summarizes the Dutch view of EMU since the late 1960s, and indicates how European economic and monetary integration served specific Dutch aims. Second, it discusses structural changes and retrenchment in the Netherlands from the early 1980s through the 1990s, leading to the Polder model; it assesses whether the Dutch model is equipped to deal with the constraints of EMU, and how far the process has changed Dutch attitudes to economic policy‐making. Third, it examines Dutch attitudes to EMU after the Maastricht Treaty, and the extent of active Dutch participation in the European integration process. The final sections review the impact of EMU on Dutch society and sense of place within Europe.

Keywords: EMU; monetary policy; Netherlands

Chapter.  7287 words. 

Subjects: European Union

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