By CPB Netherlands Bureau for Economic Policy Analysis
Challenging Neighbours presents huge insurance of the German and Dutch economies, from an institutional standpoint. Pensions, pageant coverage, labour kin, company governance, and well-being care are one of the subject matters for which the institutional atmosphere 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 expertise, and worldwide festival 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 info for Challenging Neighbours: Rethinking German und Dutch Economic Institutions
Sample text
Offering not only firms but also workers more options to select their own pension fund would meet the trend towards more heterogeneity, which requires tailor-made solutions. However, these individual options may give rise to adverse selection and high transaction and information costs, thereby raising pension costs. Accordingly, more individual options should be introduced carefully, for example by reducing the aspiration level for collective insurance for middle- and higher incomes (see below).
Therefore, a successful reorganisation of the Dutch research council is essential to achieve flexibility. Basic Research Institutes. The German Max Planck Gesellschaft provides an example, both for the Dutch basic research institutes and for the large research centres in the two countries. It not only perforrns high-quality basic research but also explores new scientific areas and as such is agenda setting for German higher education R&D. Hence, it combines quality and flexibility. 2 Structure of the Study and Summary of Policy Options 33 Gesellschaft exceeds that of the German large research centres.
This would lower the risk of disappointment when policies meant to improve one objective, worsen another. Against this general background, some more specific policy options come to the fore. Policy Options Jor Germany on Science and Technology Policy Higher education. In the field of higher education the Dutch experience may be of interest to German policy makers. Dutch higher education policy constitutes an interesting experiment to find an adequate balance on the trade-off between diversity and scale and on the trade-off between flexibility and commitment.