Although COVID-19 is still making headlines and is still present in society, economy and society are facing a new post-corona era that seems to be defined by strong economic recovery growth. This recovery seems to go hand in hand with an increased scarcity of personnel in almost all sectors of the economy and distortions in global supply chains causing a run on raw materials, energy, containers for shipment and the like resulting in increased prices.
On a social level, there is a certain lack of understanding between, on the one hand, the vastly vaccinated part of the Dutch population and an unvaccinated segment that, for various reasons, is not in the mood for vaccination, despite rising infection rates. In order to emerge as a society from the corona time unscathed, this requires, in addition to active economic policy, specific measures to promote social and social cohesion.
Regardless of all the economic and societal challenges, the Dutch economy is currently experiencing strong and broadly supported recovery growth. Public life has largely returned to normal and that gives confidence for the future. The economic consequences will turn out to be less severe than earlier forecasts. The Bureau for Economic Policy Analysis expects a growth of 3.9% for 2021 compared to an economic contraction of 3.5% in 2020. In August, the Gross Domestic Product again passed the pre-covid level of March 2020 and there is now some catch-up growth compared to the original policy forecasts.
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