Risk to households if the economy is slowing Money

If things are not going well in economic terms, they must immediately keep their hands on the ball, warns the Social and Economic Council (SER).

Low disposable incomes

According to the important government advisory body, this situation is due to a combination of low disposable incomes, high fixed costs and inadequate financial reserves.

The exploratory study, which was discussed at the SER this week, is a follow-up to an exploration from 2013, as to why the growth of the Dutch economy lagged behind that of our neighboring countries.

High peaks and valleys

At the time, it was concluded that our country suffers from relatively high peaks and troughs. The length of the previous recession was partly due to the fact that the banking system, the housing market, the pension sector and the financing of SMEs came under pressure at the same time.

The SER is now investigating to what extent the Netherlands has better control over the previous risks. The organization says, however, that there is no clear answer. The research provides a mixed picture and according to the SER there is a great need for follow-up research.