By CPB Netherlands Bureau for Economic Policy Analysis
Challenging Neighbours offers broad insurance of the German and Dutch economies, from an institutional perspective. Pensions, festival coverage, labour kinfolk, company governance, and healthiness care are one of the subject matters for which the institutional environment and function of Germany and the Netherlands are in comparison. The problems and successes the international locations have in dealing with pressures from getting older inhabitants, advancements in know-how, and international pageant are traced again to their institutional roots, and bring about mutual classes for institutional reform for German and Dutch coverage makers.
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Additional resources for Challenging Neighbours: Rethinking German und Dutch Economic Institutions
2 Structure of the Study and Summary of Policy Options 39 Policy Options for Germany on Health Care Germany utilizes more specialist and hospital care than the Netherlands. The general practitioner as gatekeeper in the Netherlands has often been credited with screening for over-use. General practitioners in the Netherlands feature among the lowest pharmaceutical prescription rates in OECD countries, and provide treatments for many simple ills rather than referring patients to more expensive secondary care.
In another approach, CPB (1992) distinguishes three views on economic development, viz. a neoclassical, Keynesian and Schumpeterian perspective, and assesses strengths and weaknesses of world regions on aspects derived from these perspectives. Finally, the EZ (1995) applies a broad set of quantitative indicators in a benchmarking study on the competitiveness of the Dutch economy compared with four other countries, including Germany. Focusing on trade-offs, this study emphasizes that institutional design is a process of leaming by trial and error.
It centres on the questions how institutions might affect economic performance and how long-term social, technological, economic and demographic trends influence the relationship between institutions and performance. e. 1). Since economic science has no univocal theory of economic development, no clear-cut analytical framework exists that links institutions and performance. Recent comparative studies handle the analytical framework in various ways. Porter (1990) developed a system to assess national competitive advantage in an industry depending on a firm' s strategy and structure, its cluster of related and supporting industries, its factor conditions and its demand conditions.
Challenging Neighbours: Rethinking German und Dutch Economic Institutions by CPB Netherlands Bureau for Economic Policy Analysis