Belgium: Selected Background Issues

International Monetary Fund

No 1996/026, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Background Issues paper analyzes sectoral wage differentiation and labor cost issues in Belgium. The paper discusses wage dispersion across sectors in Belgium and compares it with the pattern in other European countries. It analyzes the data for the Organization for Economic Cooperation and Development used in the Central Economic Council assessment of competitiveness, underscoring the role of social security contributions and restrictions on part-time work in the evolution of labor costs per employee. The paper also examines trends in saving and investment, and the pension reform in Belgium.

Keywords: ISCR; CR; wage; Belgium; cost; private sector; retirement pension; saving surplus; pension expenditure; investment behavior; private sector pension; health care insurance; Pension spending; Pensions; Public sector; Wages; Labor costs; Western Europe (search for similar items in EconPapers)
Pages: 64
Date: 1996-05-07
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1996/026

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