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Reforming Policies for the Business Sector to Harvest the Benefits of Globalisation in the Netherlands

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  • Mathijs Gerritsen
  • Jens Høj
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    Abstract

    The Netherlands has strongly benefited from globalisation, which boosted international trade, cross-border investment and economic growth over the latest decades. Looking ahead, the Netherlands needs to shift the trade and investment orientation from traditional slow-growing markets to faster growing emerging economies, in order to keep reaping the benefits from globalisation. In addition, the ongoing globalisation will push companies to become more innovative and search for new activities. Against this backdrop, the government is reforming its policies for the business sector. This includes a targeted approach, where the government is attempting to strengthen key sectors to become even stronger players on the international scene. This approach, however, carries some of the risks of more traditional industrial policy, making careful policy design and evaluation important elements for successful implementation. The other building block of the new policies is a strengthening of framework conditions, which promises a more market-based development of comparative advantages, and which could be further strengthened by broadening the approach to include other policies, such as competition policies. This Working Paper relates to the 2012 OECD Economic Survey of the Netherlands (www.oecd.org/eco/surveys/netherlands). Réformer les politiques relatives au secteur des entreprises pour récolter les fruits de la mondialisation aux Pays-Bas Les Pays-Bas ont fortement bénéficié de la mondialisation, qui a dynamisé les échanges internationaux, les investissements transfrontaliers et la croissance économique au cours des dernières décennies. Dans les temps à venir, les Pays-Bas vont devoir réorienter leurs échanges et leurs investissements, qui sont axés aujourd'hui sur des marchés traditionnels à faible croissance, vers les économies émergentes en expansion rapide, afin de continuer à tirer parti de la mondialisation. En outre, la poursuite du processus de mondialisation va pousser les entreprises à devenir plus innovantes et à rechercher de nouvelles activités. Dans ce contexte, le gouvernement est en train de réformer ses politiques relatives au secteur des entreprises. Cela passe par une approche ciblée, dans le cadre de laquelle les pouvoirs publics s'efforcent de renforcer des secteurs clés pour disposer d'acteurs encore plus forts sur la scène internationale. Cette approche comporte cependant certains des risques inhérents à une politique industrielle de facture plus traditionnelle, de sorte que le soin apporté à l'élaboration des dispositifs et à leur évaluation constituera une condition importante de réussite de leur mise en oeuvre. L'autre élément essentiel des nouvelles mesures réside dans une amélioration des conditions-cadre, qui devrait permettre un renforcement des avantages comparatifs davantage fondé sur les mécanismes du marché, et qui pourrait être encore plus poussée si les pouvoirs publics élargissaient cette approche à d'autres domaines de l'action publique, tels que la politique de la concurrence. Ce document de travail se rapporte à l’Étude économique des Pays-Bas de 2012 (www.oecd.org/eco/etudes/Pays-Bas).

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    File URL: http://dx.doi.org/10.1787/5k4dlffl1kkk-en
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    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 1011.

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    Date of creation: 14 Jan 2013
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    Handle: RePEc:oec:ecoaaa:1011-en

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    Keywords: globalisation; economic integration; international investment; investissements internationaux; intégration économique; mondialisation;

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