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The Return of the Deficit : Public Finance in Belgium Over 2000-2010.

By: Contributor(s): Material type: TextTextPublisher: Leuven : Leuven University Press, 2013Copyright date: ©2013Edition: 1st edDescription: 1 online resource (328 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9789461660749
Subject(s): Genre/Form: Additional physical formats: Print version:: The Return of the DeficitDDC classification:
  • 336.493090511
LOC classification:
  • HJ53 -- .R48 2012eb
Online resources:
Contents:
Intro -- Foreword -- Introduction: Belgium on the Eve of the Sovereign Debt Crisis -- 1. The European Context. Evolving Governance in the EU: From the SGP to Hell and Back? -- 2. Overview. Main Developments in Public Finances -- 3. The Fiscal Stance. The Return of the Public Budget Deficit -- 4. Tax Revenue and Tax Policy. A Decennium of Tax Cuts -- 5. Approaches to Primary Expenditures -- 5.1. The Structure of Expenditure of the Regions and Communities: A Comparison 2002-2011 -- 5.2. Trends in Public Employment in Belgium -- 5.3. The Practice of Performance Contracting by Belgian Governments: Re-Considering the Control of Autonomous Agencies -- 5.4. Measuring and Managing Public Performance -- 6. Social Security. The Active Welfare State: A Stylised Retrospective -- 7. Indebtedness. Interest Payment and Public Debt -- 8. Fiscal Federalism. The Transition to a New Model of Fiscal Relations -- Conclusion -- Annex 1: Presentation of the Belgian Institute of Public Finance -- Annex 2: Statistical Overview -- Annex 3: List of Contributors.
Summary: An in-depth analysis of Belgium's public finance in the recent pastPrior to the outbreak of the financial crisis in 2008 Belgium's fiscal balances and debt ratios seemed to be on a firm consolidation path. Today, however, Belgium is facing a major budgetary challenge, albeit to some extent lesser than that of other European countries. A proper understanding of the current situation and the design of the most appropriate policy response always benefit from an in-depth analysis of the recent past. This book offers that closer look at the evolution of public finance in Belgium over the decade 2000-2010.The Return of the Deficit presents a collection of original essays written by the best public finance scholars in Belgium. It covers Belgium's macroeconomic environment, its budgetary policy, changes to the tax system and social security, the evolution of public expenditure, debt management, and fiscal federalism.This is the seventh volume in the authoritative series History of Public Finance in Belgium published under the auspices of the Belgian Institute of Public Finance. It is introduced with a foreword by Herman Van Rompuy, President of the European Council.
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Intro -- Foreword -- Introduction: Belgium on the Eve of the Sovereign Debt Crisis -- 1. The European Context. Evolving Governance in the EU: From the SGP to Hell and Back? -- 2. Overview. Main Developments in Public Finances -- 3. The Fiscal Stance. The Return of the Public Budget Deficit -- 4. Tax Revenue and Tax Policy. A Decennium of Tax Cuts -- 5. Approaches to Primary Expenditures -- 5.1. The Structure of Expenditure of the Regions and Communities: A Comparison 2002-2011 -- 5.2. Trends in Public Employment in Belgium -- 5.3. The Practice of Performance Contracting by Belgian Governments: Re-Considering the Control of Autonomous Agencies -- 5.4. Measuring and Managing Public Performance -- 6. Social Security. The Active Welfare State: A Stylised Retrospective -- 7. Indebtedness. Interest Payment and Public Debt -- 8. Fiscal Federalism. The Transition to a New Model of Fiscal Relations -- Conclusion -- Annex 1: Presentation of the Belgian Institute of Public Finance -- Annex 2: Statistical Overview -- Annex 3: List of Contributors.

An in-depth analysis of Belgium's public finance in the recent pastPrior to the outbreak of the financial crisis in 2008 Belgium's fiscal balances and debt ratios seemed to be on a firm consolidation path. Today, however, Belgium is facing a major budgetary challenge, albeit to some extent lesser than that of other European countries. A proper understanding of the current situation and the design of the most appropriate policy response always benefit from an in-depth analysis of the recent past. This book offers that closer look at the evolution of public finance in Belgium over the decade 2000-2010.The Return of the Deficit presents a collection of original essays written by the best public finance scholars in Belgium. It covers Belgium's macroeconomic environment, its budgetary policy, changes to the tax system and social security, the evolution of public expenditure, debt management, and fiscal federalism.This is the seventh volume in the authoritative series History of Public Finance in Belgium published under the auspices of the Belgian Institute of Public Finance. It is introduced with a foreword by Herman Van Rompuy, President of the European Council.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.

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