August 1, 1998
Economic consequences of the Coalition Agreement 1998
This paper presents the economic consequences of the recently concluded coalition agreement. This agreement lays down the policy intentions for the new cabinet period up and including 2002.
The CPB analysis shows that the policies proposed in the coalition agreement will benefit economic growth and employment. In the cautious scenario, under the measures of the coalition agreement, GDP growth goes up to 2 1/4 % a year while employment growth increases to 1 1/2 % a year. The EMU deficit shows a decline from 1.6% in 1998 to 1.3% GDP in 2002. For a summary of CPB’s analysis of the economic consequences of the coalition agreement, see the corresponding article in this issue of CPB report.