IMF Staff Country Reports

Belgium: Selected Background Issues

Publication Date:

February 2, 1995

Summary:

This Selected Background Issues paper analyzes the competitiveness issues for Belgium and analyzes in what sense competitiveness is important for the country. The paper summarizes the approach followed in Belgium to measure developments in this respect. It discusses alternative indicators, including the current account of the balance of payments, and concludes that competitiveness is not currently a problem in Belgium. The paper also analyzes the rise in the current account surplus, and links it to the saving-investment balance.

Series:

Country Report No. 1995/008

Subject:

Economic sectors Employment Labor Public employment Public sector Wages

Notes:

This report on selected background issues in Belgium was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.