The development of the Dutch national accounts as a tool for analysis and policy

Bos, Frits

doi:10.1111/j.1467-9574.2006.00314.x

Cited by 17 publications

(6 citation statements)

References 25 publications

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“…At the same time, it can easily give a wrong picture of how (un)happy people really are. 29 This is amplified by the problem that the size of the informal economy relative to that of the formal economy may change considerably over time, both in developing and developed countries (Bos, 2006).…”

Section: A6 Formal Versus Informal Economymentioning

confidence: 99%

The GDP paradox

Bergh

2009

Journal of Economic Psychology

341

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Section: A6 Formal Versus Informal Economymentioning

confidence: 99%

The GDP paradox

Bergh

2009

Journal of Economic Psychology

341

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“…It rapidly proliferated all over the world after the Second World War and its key indicator, the Gross Domestic Product (GDP), has become the most influential indicator in society. 2 The success of the SNA/GDP is characterized by Nobel Prize Winners Paul Samuelson and William Nordhaus as: "while the GDP and the rest of the national income accounts may seem to be arcane concepts, they are truly among the great inventions of the twentieth century." 3 The way we measure the economy has been debated for centuries.…”

Section: Centuries Of Debate About the Economymentioning

confidence: 99%

“…3 The way we measure the economy has been debated for centuries. Since the first national accounts in the late 17 th century, the "boundaries" of "the economy" have been disputed [2][3][4]. In the first couple of centuries there were debates about which sectors were productive and which were not.…”

Section: Centuries Of Debate About the Economymentioning

confidence: 99%

SNA and beyond: Towards a broader accounting framework that links the SNA, SDGs and other global initiatives1

Hoekstra

2020

SJI

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The System of National Accounts (SNA) has adapted, and will adapt, as economic, social and environmental conditions change. The revision process of the SNA2008, which is now underway, will take place in the context of developments such as globalization, digitalization, climate change, biodiversity loss, inequality as well as the COVID19-pandemic. The new SNA will have to make clear how the economy relates to concepts such as wellbeing, sustainability and equity and will also need to be linked to major global initiatives such as the Sustainable Development Goals (SDGs). I propose a broad accounting framework for Wellbeing, Sustainability and Equity (WiSE). This provides a wider context for the System of National Accounts (SNA) and links to the other frameworks such as the Sustainable Development Goals, and other global initiatives such as the Better Life Initiative (OECD), Changing Wealth of Nations (World Bank) and the Inclusive Wealth Index (UN). The WiSE framework is not a new system, but rather a combination of existing accounting frameworks which have been proposed in the last five decades. The paper starts off by formulating principles to guide the work on the broader framework. Subsequently, seven accounts are proposed which quantify the various dimensions of the economic, societal and environmental systems. This interdisciplinary accounting framework involves knowledge from many scientific disciplines and multiple units are used (mass, energy, people, time, money etc). The most controversial part of any discussion about the future of the SNA is the valuation of non-market phenomena such as unpaid household work/care or environmental damages. This paper argues that the discussion is too focused on methods derived from welfare economics. Rather than valuation we should be focusing on evaluation methods from many scientific disciplines which help to assess progress towards wellbeing, sustainability and equity. This interdisciplinary perspective should also guide our thinking to select key indicators to replace GDP.

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“…Since 2000, this is explicitly linked to forward looking calculations on sustainable public finance by CPB. Boogaard, 1998, Bos, 2006b, pp. 232-237, Passenier, 1994and Don and Verbruggen, 2006.…”

Section: Introductionmentioning

confidence: 99%

CPB and Dutch Fiscal Policy in View of the Financial Crisis and Ageing

Bos

Teulings

2010

SSRN Journal

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Independent national fiscal institutions can play a major role in fiscal policy and in maintaining and restoring sustainability of a country's public finance. This paper describes the role of CPB in Dutch fiscal policy and discusses its merits and risks. And to what extent can it provide lessons for improving decision-making on fiscal policy in other countries? In the second part, the Dutch fiscal targets and rules are discussed in view of the rising costs of ageing, the depletion of natural gas resources and the financial crisis. In the Netherlands, for already 65 years, CPB serves as the official expert institute for fiscal and economic policy. It does not only serve the government, but meets also requests from opposition parties, trade unions and employers' organizations. The reputation of quality and independence had to be earned and defended again and again. Its eminent founder and first director, Jan Tinbergen, was responsible for a very good start. CPB has a more comprehensive role than comparable institutions in other countries. This includes e.g. providing the official estimates on economic growth and purchasing power, analysis of the sustainability of Dutch public finance, costs-benefit analysis of major infrastructure projects, analysis of the economic effects of the election plans of Dutch political parties and all kinds of analyses on the Dutch economy and the role of the government.

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The development of the Dutch national accounts as a tool for analysis and policy

Cited by 17 publications

References 25 publications

The GDP paradox

The GDP paradox

SNA and beyond: Towards a broader accounting framework that links the SNA, SDGs and other global initiatives1

CPB and Dutch Fiscal Policy in View of the Financial Crisis and Ageing

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