The Resource Bringing Belgian Public Finances to a Sustainable Path, Tomasz Koźluk Koźluk, Alain Jousten and Jens Høj, (electronic resource)

Bringing Belgian Public Finances to a Sustainable Path, Tomasz Koźluk Koźluk, Alain Jousten and Jens Høj, (electronic resource)

Label
Bringing Belgian Public Finances to a Sustainable Path
Title
Bringing Belgian Public Finances to a Sustainable Path
Statement of responsibility
Tomasz Koźluk Koźluk, Alain Jousten and Jens Høj
Creator
Contributor
Subject
Language
eng
Summary
Economic growth is projected to be strengthening from mid-2011 onwards, but will be insufficient to restore the sustainability of public finances. The Belgian strategy to prefund ageing costs by generating fiscal surpluses to bring down public debt was derailed by the global crisis. Restoring the strategy is a priority, especially as spreads on Belgian debt have increased. This will require cuts in public spending, improving efficiency of policies, containing the growth of ageing-related costs and making the tax system more conducive to growth. While past experiences, such as in the 1990s, have shown that successful large consolidations are feasible, the task seems even more difficult this time as potential growth will be muted and interest rates are likely to increase. In this context, a credible fiscal consolidation plan requires the participation of all governments. Its effectiveness can be strengthened by improving the fiscal framework, in particular by introducing multi-year budgets, annual expenditure rules consistent with long-term targets and an enhanced role of an independent fiscal policy watchdog
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Koźluk, Tomasz Koźluk
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Jousten, Alain
  • Høj, Jens
Series statement
OECD Economics Department Working Papers,
Series volume
no.954
http://library.link/vocab/subjectName
  • Economics
  • Belgium
Label
Bringing Belgian Public Finances to a Sustainable Path, Tomasz Koźluk Koźluk, Alain Jousten and Jens Høj, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
795462475
Dimensions
21 x 30 cm
Extent
1 online resource 39 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k9b7bxqvgvh-en
Specific material designation
remote
System control number
(OCoLC)795462475
Label
Bringing Belgian Public Finances to a Sustainable Path, Tomasz Koźluk Koźluk, Alain Jousten and Jens Høj, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
795462475
Dimensions
21 x 30 cm
Extent
1 online resource 39 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k9b7bxqvgvh-en
Specific material designation
remote
System control number
(OCoLC)795462475

Library Locations

  • St. Louis Mercantile LibraryBorrow it
    1 University Blvd, St. Louis, MO, 63121, US
    38.710138 -90.311107
  • Thomas Jefferson LibraryBorrow it
    1 University Blvd, St. Louis, MO, 63121, US
    38.710138 -90.311107
  • University ArchivesBorrow it
    703 Lewis Hall, Columbia, MO, 65211, US
  • University of Missouri-St. Louis Libraries DepositoryBorrow it
    2908 Lemone Blvd, Columbia, MO, 65201, US
    38.919360 -92.291620
  • University of Missouri-St. Louis Libraries DepositoryBorrow it
    2908 Lemone Blvd, Columbia, MO, 65201, US
    38.919360 -92.291620
  • Ward E Barnes Education LibraryBorrow it
    8001 Natural Bridge Rd, St. Louis, MO, 63121, US
    38.707079 -90.311355
Processing Feedback ...