Belgium: Selected Issues Paper
March 20, 2012
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This Selected Issues Paper on Belgium provides an overview of the extent of trade and financial openness of Belgium and the links to particular countries. With an export-to-GDP ratio of 79 percent, Belgium belongs to the most open economies in Europe and also globally. Its exports are highly concentrated with a share of three-fourths of total merchandise exports accounted for by the European Union, of which close to two-thirds go to Germany, France, and the Netherlands.
Subject: Aging, Expenditure, Labor, Labor markets, Personal income tax, Population and demographics, Social security contributions, Taxes, Unemployment benefits
Keywords: Aging, CR, employment rate, GDP dynamics, Global, ISCR, Labor markets, pension benefit system, Personal income tax, property tax, Social security contributions, tax, tax wedge, trade openness, Unemployment benefits, Western Europe
Pages:
54
Volume:
2012
DOI:
Issue:
056
Series:
Country Report No. 2012/056
Stock No:
1BELEA2012002
ISBN:
9781475502398
ISSN:
1934-7685
