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March 16, 2010 07:12 AM Eastern Time 

Research and Markets: OECD Economic Surveys: Belgium 2009

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ebef01/oecd_economic_surv) has announced the addition of the "OECD Economic Surveys: Belgium 2009" report to their offering.

After four years of strong growth, the Belgian economy entered a deep recession during the second half of 2008 under the impact of the international crisis. The economy was first affected by the turmoil in the banking sector and subsequently by the collapse in international trade. The government swiftly intervened to support the financial system and implemented a moderately sized fiscal stimulus package that is broadly appropriate for a small open economy with substantial fiscal sustainability problems. The main challenge ahead is to support the economy by allowing the automatic stabilisers to work while restoring the path towards fiscal sustainability and implementing structural reforms to enhance long-term growth.

This 2009 edition of OECD's periodic survey of Belgium explores how Belgium should cope with the economic crisis and includes chapters on securing fiscal sustainability, improving fiscal federalism, reforming the tax system, and promoting competition.

Key Topics Covered:

  • Executive Summary
  • Assessment and Recommendations
  • Chapter 1. Coping with the Crisis while Pursuing Structural Reforms
  • Chapter 2. Securing Fiscal Sustainability during the Economic Downturn and Beyond
  • Chapter 3. Improving Fiscal Federalism
  • Chapter 4. How to Reform the Tax System to Enhance Economic Growth
  • Chapter 5. Promoting Competition to Strengthen Economic Growth

For more information visit http://www.researchandmarkets.com/research/ebef01/oecd_economic_surv

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