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India and the Dutch economy

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Author Info
Wim Suyker ()
Henri L.F. de Groot ()
Piet Buitelaar
Jos Ebregt ()
Stefan Groot ()
Jan Möhlmann ()
Hugo Rojas-Romagosa ()
Bas Straathof ()

Additional information is available for the following registered author(s):

Abstract

India’s impressive economic performance over the past few decades has had a positive net impact on the Dutch economy. Peculiar for India is its relatively strong position on the global markets for services. Imports of cheap Indian products have slightly improved Dutch households’ purchasing power. Increasing Indian exports did not have a noticeable impact on the pace of restructuring in the Netherlands. Nor did this development lead to a marked widening of Dutch wage differentials. Concerning global competition, Indian export products tend to be more complements than substitutes for Dutch export products. The large Indian market yields interesting investment opportunities for Dutch firms. Over the next few decades, the Indian economy is expected to continue its rapid expansion. Increasing trade with India will continue and is expected to enhance Dutch welfare in the upcoming years and will continue to be associated with modest increases in competition and continued restructuring on some markets.

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Paper provided by CPB Netherlands Bureau for Economic Policy Analysis in its series CPB Documents with number 155.

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Date of creation: Nov 2007
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Handle: RePEc:cpb:docmnt:155

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Related research
Keywords: India; Dutch economy; globalisation; trade; foreign direct investment; scenario analysis;

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Find related papers by JEL classification:
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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References listed on IDEAS
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Wim Suyker & Henri de Groot, 2006. "China and the Dutch Economy, Stylised facts and prospects," CPB Documents 127, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
  2. Frank A.G. den Butter & Raphie Hayat, . "Trade between China and the Netherlands: a Case Study of Globalization," Tinbergen Institute Discussion Papers 08-016/3, Tinbergen Institute. [Downloadable!]
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