Belgium: Selected Background Issues

International Monetary Fund

No 1995/008, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Background Issues paper analyzes the competitiveness issues for Belgium and analyzes in what sense competitiveness is important for the country. The paper summarizes the approach followed in Belgium to measure developments in this respect. It discusses alternative indicators, including the current account of the balance of payments, and concludes that competitiveness is not currently a problem in Belgium. The paper also analyzes the rise in the current account surplus, and links it to the saving-investment balance.

Keywords: ISCR; CR; government; Belgium; debt ratio; labor intensity; Belgium general government deficit reduction; import penetration; market share; public sector employment; Belgium employment trend; Public employment; Public sector; Employment; Wages; Global (search for similar items in EconPapers)
Pages: 83
Date: 1995-02-02
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1995/008

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