Whats the current economic prospect in the netherland?

Issues about employment,GDP growth,social security etc

Answer:
Following GDP growth of 1.5% in 2005 and an estimated 2.9% in 2006, economic growth will decelerate slightly to 2.6% in 2007, before picking up to 2.8% in 2008. After averaging 1.5% in 2005, inflation (EU harmonised measure) is forecast to stay below 2% over the outlook period.
Its not that much difference from here in the UK really, they have a little more unemployment than us, but not much.
In the 1970s and 1980s the Netherlands were growing as a slower rate than neighbouring countries, so called 'Dutch disease'. In the late 1990s the Netherlands had strong economic growth and unemployment felt to as low as 3% in the year 2000. and Holland was praised as the 'model' of Europe, combined social democracy (strong welfare states, good support for the poor, low inequality) with flexibility and strong growth. However in the first few years of this millenium stagnation in Germany and burst of housing bubble resulted a minor economic recession, and unemployment rose above 6%, now the economy is recovering again. (along with germany/france). GDP per head by purchasing power parity Netherlands is now very similar to the UK, and about 5-10% higher than other Big4 in Europe, namely Italy, Germany and France.

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