Belgium : Recent Economic Developments.

This paper describes economic developments in Belgium during the 1990s. The moderate recovery experienced by Belgium in 1994 slowed in the course of 1995 as foreign demand faltered, and GDP growth for 1995 as a whole is now estimated at 2 percent. Domestic demand was supported by increased investmen...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/025
Online Access:Full text available on IMF
Description
Summary:This paper describes economic developments in Belgium during the 1990s. The moderate recovery experienced by Belgium in 1994 slowed in the course of 1995 as foreign demand faltered, and GDP growth for 1995 as a whole is now estimated at 2 percent. Domestic demand was supported by increased investment, but private consumption growth remained anemic as real disposable household income grew little. Since early 1994, the Belgian franc has generally been slightly appreciated relative to its central parity against the deutsche mark.
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Physical Description:1 online resource (63 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students