02258cas a2200277 a 4500 AALejournalIMF022165 230101c9999 xx r poo 0 0eng d 5.00 USD 9781589068735 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Kingdom of the Netherlands-the Netherlands : 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Kingdom of the Netherlands-the Netherlands. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (61 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Dutch economy was more resilient than the average Euro area economy in 2020 owing in part to a high rate of digitalization of activities that allowed a large share of the work force to work remotely, while the strong policy response mitigated the impact of containment measures. A strong recovery is underway, with pre-pandemic GDP level to be exceeded in 2021:Q4, and the labor market has tightened considerably. The economy is forecast to grow by 4.0 percent in 2021 and 3.3 percent in 2022, on the back of strong consumption and investment, supported by increasing coverage of vaccines. Near-term risks to the outlook are roughly balanced, driven by the uncertain trajectory of the pandemic on the downside, while a fuller than expected drawdown of savings accumulated in the pandemic would further support domestic demand and growth. Further out, real estate market developments present additional risks. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf IMF Staff Country Reports; Country Report ; No. 2021/243 Full text available on IMF http://elibrary.imf.org/view/journals/002/2021/243/002.2021.issue-243-en.xml IMF e-Library