Belgium: Staff Report for the 2001 Article IV Consultation
IMF Staff Country Reports, March 13, 2002
Source details
- Canonical URL
- Belgium: Staff Report for the 2001 Article IV Consultation
Other formats
Bibliographic details
- Published: March 13, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451803112.002
Key findings from the 2001 Article IV Consultation
- Following four years of robust expansion, real GDP growth in Belgium slowed markedly in 2001.
- Factors adversely affecting activity in 2001:
- higher oil prices
- declining equity values
- the deteriorating external environment
- Affected domestic components:
- business investment
- household consumption
- exports
Outlook and IMF staff projection for 2002
- The outlook for 2002 depends critically on a recovery in the world economy and, especially, in Belgium’s key European trading partners.
- Growth for 2002 is projected by the IMF staff at 0.7 percent.
- Activity is expected to pick up significantly in the second half of 2002.
Thematic coverage and subject focus
- Subjects highlighted: Expenditure, Fiscal policy, Fiscal stance, Labor, Labor markets, Wages.
- Keywords reflected in the report: authority, banking sector, budget balance, central bank, CR, Europe, firm, fiscal policy, Fiscal stance, Global, government, headline inflation, IMF staff projection, IMF's assessment, ISCR, Labor markets, management reform, reform, staff scenario, structural surplus, unemployment rate, wage growth, Wages.
Publication metadata (from the landing page)
- Publication date on landing page: March 13, 2002
- Pages: 45
- Volume: 2002
- Issue: 042
- Series: Country Report No. 2002/042
- DOI: https://doi.org/10.5089/9781451803112.002
- Stock No: 1BELEA0012002
- ISBN: 9781451803112
- ISSN: 1934-7685
International Monetary Fund. "Belgium: Staff Report for the 2001 Article IV Consultation", IMF Staff Country Reports 2002, 042 (2002), March 13, 2002.