European Parliament Library

Belgium :, Selected Issues Paper

Belgium’s impressive past fiscal consolidation is an example for other countries that need to bring down their public debt and also provides insights on how best to address its own current fiscal challenges. Belgium has a unique history of a long and successful large fiscal consolidation. Belgium lived through various episodes of fiscal adjustment and each one of these contains important lessons for future consolidation. After Belgium’s public debt-to-GDP reached a peak of about 135 percent in 1993, it was steadily reduced to about 84 percent by 2007
Table Of Contents
Cover; Contents; I. History of Fiscal Consolidation in Belgium: Lessons from the Past; A. Introduction: A Long and Successful History of Fiscal Consolidation; B. Timeline of the Past Fiscal Consolidations; C. Main Lessons from the Past Consolidation; D. Concluding Remarks; References; II. Belgium's Public Debt: Profile, Dynamics, and Vulnerabilities; A. Introduction; B. Public Debt in Perspective; C. Investor Base and Debt Profile; D. Debt Sustainability Analysis; E. Risks and Vulnerabilities; F. Conclusions; References; III. Domestic and International Linkages of the Belgian Banking Sector
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (42 p.)
Specific Material Designation
Form Of Item

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