The recent international trends in corporation tax prompted the Belgian reform and make further European coordination desirable
The decrease in interest rates has created favourable financing conditions for Belgian public debt, which remains high. The lengthening of debt maturity has reduced risks.
Local authorities: sound finances must not mask the reality of major financial challenges.
Working Paper N° 81
Improving public policy efficiency in Belgium: A priority challenge!
Public investment has a highly positive impact on economic activity but is presently at a low level. How can it be boosted?
This article gives an overview of the establishment and functioning of the European governance framework for public finances. In addition, an appraisal is made of this regulatory framework and suggestions for future reforms are put forward.