Current facets (Pre-Master)

Ordinary Dutchman does not perceive the GDP record growth

Bas Jacobs, Bas Jacobs, Professor of Public Finance and Economic Policy at Erasmus School of Economics

The Dutch economy rose by 3.1 percent, the highest growth in ten years. Yet not a lot of people see the record growth back in their consumption pattern. In an article in ‘Het Algemeen Dagblad’, Bas Jacobs, Professor of Public Finance and Economic Policy at Erasmus School of Economics, discusses the causes of this issue.

According to Jacobs an important cause is that substantial wage increases have not yet occurred. Last year the collective wages increased with only 1.5 percent. ‘Over the past decades, the disposable income of the Dutch has barely grown.’

More information

Read the full article (in Dutch) in Het Algemeen Dagblad, 14 February 2018.