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The characteristics of the Belgian labor market are examined using international comparisons in order to assess the government’s recent labor market initiatives. The labor market in Belgium is found to suffer from a number of structural problems compared to other industrial countries: the non-employment rate is very high, there are large regional disparities in unemployment, female and youth unemployment are prevalent and there is an unusually pronounced incidence of long-term unemployment. The causes of these problems are investigated. The empirical results, using cross section data from 15 industrial countries, show that the generosity of long-term unemployment benefits helps to explain the prevalence of long-term unemployment. Unemployment compensation also appears to be paid to many who are not actively seeking work. The recent labor market initiatives in Belgium will help to ameliorate some of the underlying problems but they are unlikely to completely address the underlying structural problems.
Book Synopsis Labor Market Issues in Belgium by : Mr.Reza Moghadam
Download or read book Labor Market Issues in Belgium written by Mr.Reza Moghadam and published by International Monetary Fund. This book was released on 1993-04-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The characteristics of the Belgian labor market are examined using international comparisons in order to assess the government’s recent labor market initiatives. The labor market in Belgium is found to suffer from a number of structural problems compared to other industrial countries: the non-employment rate is very high, there are large regional disparities in unemployment, female and youth unemployment are prevalent and there is an unusually pronounced incidence of long-term unemployment. The causes of these problems are investigated. The empirical results, using cross section data from 15 industrial countries, show that the generosity of long-term unemployment benefits helps to explain the prevalence of long-term unemployment. Unemployment compensation also appears to be paid to many who are not actively seeking work. The recent labor market initiatives in Belgium will help to ameliorate some of the underlying problems but they are unlikely to completely address the underlying structural problems.
This Selected Issues paper analyzes the regional labor markets for Belgium. The paper examines labor market performance, and argues that a number of factors—poor worker-job matching, a compressed wage structure, and low geographical mobility—contribute to economic disparities. The paper describes the divergences in local labor markets, and offers potential explanations for them, including an analysis of variations in the relationship between regional unemployment rates and regional vacancy rates. The paper also describes how labor markets adjust in Belgium and in its two main regions.
Book Synopsis Belgium by : International Monetary Fund
Download or read book Belgium written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-03-13 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes the regional labor markets for Belgium. The paper examines labor market performance, and argues that a number of factors—poor worker-job matching, a compressed wage structure, and low geographical mobility—contribute to economic disparities. The paper describes the divergences in local labor markets, and offers potential explanations for them, including an analysis of variations in the relationship between regional unemployment rates and regional vacancy rates. The paper also describes how labor markets adjust in Belgium and in its two main regions.
This paper discusses two key issues of the Belgian economy: (1) making public expenditure more efficient and (2) addressing the Belgian labor market-segmentations and distortions. Belgium faces fiscal challenges that call for a substantial consolidation over the medium term. The sizable expenditure reduction contemplated by the authorities will be difficult without deeper structural reforms. Reforms that improve the efficiency of public spending can help underpin fiscal adjustment while minimizing the drag on growth and protect social cohesion. The Belgian labor market suffers from rigidities and fragmentation. The design of policies to increase employment rates among these vulnerable labor market segments requires a thorough reflection of symptoms and underlying causes.
Book Synopsis Belgium by : International Monetary Fund. European Dept.
Download or read book Belgium written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-03-07 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses two key issues of the Belgian economy: (1) making public expenditure more efficient and (2) addressing the Belgian labor market-segmentations and distortions. Belgium faces fiscal challenges that call for a substantial consolidation over the medium term. The sizable expenditure reduction contemplated by the authorities will be difficult without deeper structural reforms. Reforms that improve the efficiency of public spending can help underpin fiscal adjustment while minimizing the drag on growth and protect social cohesion. The Belgian labor market suffers from rigidities and fragmentation. The design of policies to increase employment rates among these vulnerable labor market segments requires a thorough reflection of symptoms and underlying causes.
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.
Book Synopsis Belgium by : International Monetary Fund
Download or read book Belgium written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-02-27 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Belgium written by and published by . This book was released on 1989 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
This publication reviews the labour market integration of immigrants and their children in four OECD countries -- Belgium, France, The Netherlands and Portugal -- and provides country-specific recommendations.
Book Synopsis Jobs for Immigrants (Vol. 2) Labour Market Integration in Belgium, France, the Netherlands and Portugal by : OECD
Download or read book Jobs for Immigrants (Vol. 2) Labour Market Integration in Belgium, France, the Netherlands and Portugal written by OECD and published by OECD Publishing. This book was released on 2008-11-03 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication reviews the labour market integration of immigrants and their children in four OECD countries -- Belgium, France, The Netherlands and Portugal -- and provides country-specific recommendations.
Download or read book Belgium written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the short-run adjustment is over, there is less labor migration in Belgium than in the United States or Europe, corroborating the perception that Belgians move "too little."
Book Synopsis Regional Labor Market Disparities in Belgium by : Marcello M. Estevão
Download or read book Regional Labor Market Disparities in Belgium written by Marcello M. Estevão and published by International Monetary Fund. This book was released on 2002-08 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the short-run adjustment is over, there is less labor migration in Belgium than in the United States or Europe, corroborating the perception that Belgians move "too little."
This Selected Issues Paper on Belgium provides an overview of the extent of trade and financial openness of Belgium and the links to particular countries. With an export-to-GDP ratio of 79 percent, Belgium belongs to the most open economies in Europe and also globally. Its exports are highly concentrated with a share of three-fourths of total merchandise exports accounted for by the European Union, of which close to two-thirds go to Germany, France, and the Netherlands.
Book Synopsis Belgium by : International Monetary Fund
Download or read book Belgium written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-03-20 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues Paper on Belgium provides an overview of the extent of trade and financial openness of Belgium and the links to particular countries. With an export-to-GDP ratio of 79 percent, Belgium belongs to the most open economies in Europe and also globally. Its exports are highly concentrated with a share of three-fourths of total merchandise exports accounted for by the European Union, of which close to two-thirds go to Germany, France, and the Netherlands.
Download or read book Belgium, Selected Issues written by and published by . This book was released on 2004 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
