| Description |
1 online resource (60 pages) |
| Series |
IMF Staff Country Reports, 1934-7685 |
|
IMF Staff Country Reports
|
| Summary |
This paper discusses economic development and policies of Belgium. The new government has taken important steps to support job creation and address the cost of aging-notably through wage moderation, pension reform, and a tax shift. But growth prospects remain mediocre, public debt very high, and the labor market severely fragmented. The central task is to achieve a lasting reduction in public debt while nurturing the recovery and social cohesion. The government's goal of achieving structural fiscal balance by 2018 is laudable but ambitious-with almost two percent of GDP of measures yet to be identified. Tapping Belgium's full labor market potential requires a comprehensive and inclusive jobs strategy |
| Notes |
Available in PDF, ePUB, and Mobi formats on the Internet |
| Form |
Electronic book
|
| Author |
International Monetary Fund. European Department.
|
|
International Monetary Fund.
|
| ISBN |
1513547488 |
|
9781513547480 |
|
