Belgium: Cost pressures

December 2007
OECD Observer;Dec2007/Jan2008, Issue 264/265, p47
Academic Journal
The article presents an economic outlook for Belgium as of 2008-2009. There is a prediction that the country's gross domestic product (GDP) growth will slow further towards potential rate in the short term. Domestic demand has continued to expand, supported by higher employment and real incomes. Inflation is projected to increase in response to rising cost pressures. To meet the medium-term fiscal objectives, the government should implement substantial fiscal consolidation measures, which require expenditure restraint at all levels of the governments.


Related Articles

  • Headwinds Threaten Growth Outlook.  // Middle East Monitor: East Med;May2011, Vol. 21 Issue 5, p1 

    The article presents an economic forecast by Business Monitor International Ltd. (BMI) for Lebanon. It states that the real gross domestic product (GDP) of Lebanon is expected to expand by 5.5% in 2011 from 8.2% in 2010. It mentions that several data indicators reveal that economic growth in the...

  • DATA & FORECASTS.  // Asia Monitor: China & North East Asia Monitor;Apr2009, Vol. 16 Issue 4, p7 

    The article presents the 2009 economic forecast for Hong Kong, China. According to the data, the island's gross domestic product (GDP) declined by 2.5% in 2008, a worse performance since 2003. Merchandise exports also experienced their worst decline as shipments plummeted by 21.8%. During the...

  • ECONOMY.  // Background Notes on Countries of the World: South Korea;February 2005, p6 

    Presents information on the economic conditions of South Korea as of February 1. 2005. Increase in per capita gross national product; Factors that contributed to slow economic growth in 2001 and 2003; Concerns of economists on the decline in the economic growth potential of the country; Trade...

  • An Interim Report on the Polish Economy. Ryan, Leon V.; Hunter Jr., Richard J. // Sarmatian Review;Sep2008, Vol. 28 Issue 3, p1418 

    The article reports on the economic development of Poland. It mentions five economic drivers which propel the Polish economy in 2007-2008, including a major increase in European Union (EU) aid, the heavy boost to infrastructure spending, rising employment and wages and the growing contribution...

  • SUMMARY.  // Quarterly Economic Commentary;Spring2009, p1 

    The article provides a summary of global economic forecast through 2010. As of the end of March 2009, the number of job losses in the U.S. totaled 3.3 million while in Ireland, job losses exceeded all expectations. Analysts expect to see a moderation in the pace of decline and for gross national...

  • Economic Forecasts, Rationality, and the Processing of New Information over Time. Swidler, Steve; Ketcher, David // Journal of Money, Credit & Banking (Ohio State University Press);Feb90, Vol. 22 Issue 1, p65 

    The article focuses on the use of blue chip economic indicators in examining the process of information on economic forecast and rationality. The article's analysis uses a different data set than in previous studies, and examines the process by which new information is incorporated into updated...

  • REGIONAL INDICATORS.  // Latin America Monitor: Mexico Monitor;Feb2004, Vol. 21 Issue 2, p1 

    Presents a tabular representation of the economic indicators in Latin America as of February 2004. Growth in gross domestic product; Inflation rate; Percentage of the account balances.

  • REGIONAL INDICATORS.  // Latin America Monitor: Southern Cone Monitor;Aug2005, Vol. 22 Issue 8, p1 

    Presents statistical information on the economic growth of South American countries from 2003 to 2006. Gross domestic product growth in Argentina in 2003; Estimate on inflation rate in Chile in 2004; Forecast on the account balance of Paraguay in 2005.

  • REGIONAL INDICATORS.  // Emerging Europe Monitor: Eurasia;Nov2004, Vol. 8 Issue 11, p1 

    The article presents information on various developments related to various countries. Some of them are, Kazakhstan, Kyrgyzstan, Tajikistan, Armenia, and others. The article presents information for the year 2002 and 2003. In addition to that the article also presents economic forecast for the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics