European Parliament Library

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

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
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Outlook: Supporting Growth, Managing Inflation, and Preserving Competitiveness; A. How Significant a Slowdown Lies Ahead?; B. How is Inflation Affecting the Economy?; C. Is Competitiveness an Issue?; III. Financial Sector: Addressing Turbulence and Enhancing Stability; A. How is the Financial System Coping with Financial Turbulence?; B. Will Financial Strains Impact the Real Economy?; C. How Can Financial Stability be Further Enhanced?; IV. Fiscal Policy: Resuming Consolidation and Improving Institutions
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (47 p.)
Specific Material Designation
Form Of Item

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