Belgium: Selected Issues

International Monetary Fund

No 2004/048, IMF Staff Country Reports from International Monetary Fund

Abstract: Belgium has effected a remarkable fiscal adjustment, best illustrated by the decline in its public debt. While benefiting from an appreciable decline in interest rates, most of the underlying consolidation reflected a considerable increase in the tax burden, one of the highest in the Organisation for Economic Cooperation and Development. This paper analyzes the social transfer system in Belgium. Belgium has a very accessible and equitable health care system. The system is characterized by high input levels and service volumes.

Keywords: ISCR; CR; Belgium; employment rate; wage; growth norm; health spending; D. employment Policy; system performance; Health care spending; Health care; Employment; Unemployment; Global (search for similar items in EconPapers)
Pages: 58
Date: 2004-02-27
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