Sustainability of Belgian Public Finance: Challenges and Vulnerabilities

Jozef Konings and Bas van Aarlen

Working Papers of VIVES - Research Centre for Regional Economics from KU Leuven, Faculty of Economics and Business (FEB), VIVES - Research Centre for Regional Economics

Abstract: This paper analyses Belgian fiscal sustainability using both a retrospective and a prospective view. In the retrospective part, empirical tests on Belgian government solvency during the period 1980-2010 are carried out. In the prospective part a scenario analysis of budgetary adjustment in the short and medium run under alternative hypotheses is undertaken.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ete:vivwps:24

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