Economieomvattende

Economieomvattende is a Dutch term used to describe approaches, analyses, or measures that pertain to the entire economy rather than to a single sector. It signals a cross-sectoral or macroeconomic scope, taking into account interactions between industries, households, and government, as well as spillover effects and overall efficiency.

The word combines economie, meaning economy, with omvattende, a form of omvatten meaning to encompass or cover. In policy discourse, economieomvattende analyses aim to map the full economic impact of actions, policies, or shocks, rather than focusing on isolated sectors. The term is often seen in governmental, academic, and international contexts when a holistic view is required for sound decision-making.

Applications of economieomvattende approaches include economy-wide impact assessments, macroeconomic modelling, and cross-cutting policy evaluations. Examples include evaluating the total fiscal or environmental effects of a policy, assessing indirect and feedback effects across sectors, and designing climate, tax, or regulatory measures that affect the whole economy rather than just specific industries.

Compared with sector-specific analyses, economieomvattende work emphasizes interdependencies and broader outcomes but can be more complex and data-intensive. Critics may argue that it risks diluting sectoral insights or creating model uncertainty, while proponents contend that it provides a more accurate representation of real-world dynamics.

See also: economy-wide analysis, cross-cutting policy, macroeconomic policy.