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:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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260 |a Washington, D.C.  |b International Monetary Fund  |c 2005 
300 |a 44 pages 
651 4 |a Belgium 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Employment rate 
653 |a Employment 
653 |a Income economics 
653 |a Budgeting 
653 |a Public debt 
653 |a Labour 
653 |a Wages 
653 |a Aggregate Human Capital 
653 |a Unemployment 
653 |a Debt Management 
653 |a Labor 
653 |a Economic theory 
653 |a Welfare & benefit systems 
653 |a Mobility, Unemployment, and Vacancies: General 
653 |a Fiscal policy 
653 |a Debts, Public 
653 |a Sovereign Debt 
653 |a Fiscal Policy 
653 |a Debt 
653 |a Public finance & taxation 
653 |a Public Finance 
653 |a Taxation 
653 |a Labor costs 
653 |a Budgeting & financial management 
653 |a Aggregate Labor Productivity 
653 |a Intergenerational Income Distribution 
653 |a Social security 
653 |a Fiscal stance 
653 |a Macroeconomics 
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520 |a 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