Belgium : 2008 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

1BELEA2008001 Image
Price:  $18.00

Release Date: © March, 2008
ISBN : 978-1-45180-328-0
Stock #: 1BELEA2008001
English
Stock Status: On back-order

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Description

Although economic performance has remained good, difficulties in building consensus for institutional reform have caused an ill-affordable hiatus in economic policymaking. Robust economic activity absorbed a growing labor force and allowed the unemployment rate to decline continuously. Low-income groups are being disproportionately affected by the food and energy price increases, triggering a necessary increase in targeted income support. The authorities agreed that various indicators suggest that the current level of the real effective exchange rate is broadly appropriate.

Taxonomy

Competition , Economic policy , Fiscal policy , International trade




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