COVID-19 business support in the Netherlands; governance and accountability in times of turbulence

Jan van Helden*, Tjerk Budding, Bharti Girjasing,, Lizette Pleyte

*Bijbehorende auteur voor dit werk

    OnderzoeksoutputAcademicpeer review

    Samenvatting

    Dutch central government launched a business support program to help deal with the COVID-19 pandemic. Our analysis focuses on the two most important arrangements, i.e., on wage supplementation and fixed cost supplementation due to income losses, covering the period March 2020-September 2021. The analysis reveals that priority was given to simple and generally applicable arrangements that could provide rapid financial support. Arrangements were designed for subsequent short periods mostly of three to six months, in order to enable adaptations as a result of experiences and turbulence in the changing economic conditions. Adaptations are in regard to target groups, the minimum loss in sales for receiving support and the amount of support related to an income loss. Accountability to parliament focused on the applicability of arrangements for specific groups, such as season sensitive businesses The accomplishment of the ultimate goals of avoiding bankruptcies and unemployment, as well as budgetary consequences, were also addressed, but it turned out to be difficult to establish causal links between impacts achieved and available resources of the business support arrangements.
    Originele taal-2English
    TitelPublic Sector Accounting, Financial Accountability and Viability in Times of Crisis. Public Sector Financial Management. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-04745-9_
    RedacteurenGiovanna Dabbico, Marco Bisogno, Josette Caruana, Johan Christiaens
    Plaats van productieCham., Zwitserland
    UitgeverijPalgrave MacMillan
    Hoofdstuk6
    Pagina's129-158
    Aantal pagina's30
    ISBN van elektronische versie978-3-031-04745-9
    ISBN van geprinte versie978-3-031-04744-2
    DOI's
    StatusPublished - 9-sep-2022

    Publicatie series

    NaamPublic sector financial management
    UitgeverijPagrave Mac Millan

    Citeer dit