Franklin

Belgium [electronic resource] : Selected Issues.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2007.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 07/88.
IMF Staff Country Reports; Country Report No. 07/88
Format/Description:
Government document
Book
1 online resource (32 p.)
Local subjects:
Ageing. (search)
Aging. (search)
Bargaining. (search)
Budget balance. (search)
Budget constraint. (search)
Budgetary adjustment. (search)
Dependency. (search)
Disability. (search)
Elderly. (search)
Fiscal adjustment. (search)
Fiscal arrangement. (search)
Fiscal arrangements. (search)
Fiscal balance. (search)
Fiscal burden. (search)
Fiscal commitments. (search)
Fiscal consolidation. (search)
Fiscal coordination. (search)
Fiscal costs. (search)
Fiscal devolution. (search)
Fiscal federalism. (search)
Fiscal framework. (search)
Fiscal objectives. (search)
Fiscal policy. (search)
Fiscal policy recommendations. (search)
Fiscal reforms. (search)
Fiscal relief. (search)
Fiscal scenarios. (search)
Fiscal strategies. (search)
Fiscal surpluses. (search)
Fiscal sustainability. (search)
Fiscal targets. (search)
Government deficit. (search)
High tax burden. (search)
Older women. (search)
Public debt. (search)
Public finances. (search)
Public spending. (search)
Selected issues. (search)
Social benefits. (search)
Social expenditure. (search)
Social security. (search)
Social transfers. (search)
Structural adjustment. (search)
Tax burden. (search)
Tax cuts. (search)
Tax revenue. (search)
Taxation. (search)
Unemployment. (search)
Unemployment benefits. (search)
Belgium. (search)
Summary:
This Selected Issues paper focuses on the fiscal challenge for Belgium in coping with population aging, including the sustainability of prevailing fiscal federalism arrangements across all levels of governments. The analysis demonstrates that the current strategy of upfront consolidation is likely to fall short of achieving sustainability. Further reductions in aging-related spending and growth and productivity-enhancing reforms beyond those assumed under the authorities’ strategy appear to be necessary. The paper also assesses whether the wage bargaining framework, a key labor market institution, is conducive to preserving external competitiveness and raising employment rates.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451803265:
9781451803266
ISSN:
1934-7685
Publisher Number:
10.5089/9781451803266.002
Access Restriction:
Restricted for use by site license.
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