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Belgium Staff Report for the 2004 Article IV Consultation

This 2004 Article IV Consultation highlights that during the recent upswing, growth in Belgium has been comparatively robust, propelled by strong household spending and supported by the global recovery as well as macroeconomic policies. Tax cuts and wage increases have sustained disposable income gr...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Fiscal Stance
Labor Costs
Public Debt
Social Security
Labour; Income Economics
Mobility, Unemployment, And Vacancies: General
Employment; Economic Theory
Public Finance & Taxation
Wages, Compensation, And Labor Costs: General
Debt Management
Debts, Public
Fiscal Policy
Debt
Aggregate Labor Productivity
Unemployment
Aggregate Human Capital
Budgeting
Welfare & Benefit Systems
Labor
Sovereign Debt
Macroeconomics
Wages
Budgeting & Financial Management
Intergenerational Income Distribution
Taxation
Public Finance
Employment Rate
Employment
Belgium
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 2004 Article IV Consultation highlights that during the recent upswing, growth in Belgium has been comparatively robust, propelled by strong household spending and supported by the global recovery as well as macroeconomic policies. Tax cuts and wage increases have sustained disposable income growth, while household savings resumed a declining trend amid improvements in the economic outlook and public finances. In the IMF staff’s view, economic growth is expected to continue at a healthy pace in 2005, driven by private consumption as well as a likely strengthening of corporate investment and employment growth
Physical Description:44 pages
ISBN:9781451803204

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