Belgium: Selected Issues
Volume/Issue:
Volume 2004
Issue 048
Publication date: February 2004
ISBN: 9781451803198
$20.00
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Topics covered in this book
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Business and Economics , Medical , Labor , Public Finance , Health Policy , ISCR , CR , Belgium , employment rate , wage , growth norm , health spending , D , employment Policy , system performance , Health care spending , Health care , Employment , Unemployment , Global
Summary
Belgium has effected a remarkable fiscal adjustment, best illustrated by the decline in its public debt. While benefiting from an appreciable decline in interest rates, most of the underlying consolidation reflected a considerable increase in the tax burden, one of the highest in the Organisation for Economic Cooperation and Development. This paper analyzes the social transfer system in Belgium. Belgium has a very accessible and equitable health care system. The system is characterized by high input levels and service volumes.
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