1.

Record Nr.

UNINA9910453908003321

Titolo

The return of the deficit [[electronic resource] ] : public finance in Belgium over 2000-2010 / / edited by Etienne de Callataÿ and Françoise Thys-Clément

Pubbl/distr/stampa

Leuven, Belgium, : Leuven University Press, 2012

ISBN

94-6166-074-X

Descrizione fisica

1 online resource (328 p.)

Collana

Belgian Institute of Public Finance. History of Belgian public finance ; ; v. 7

Altri autori (Persone)

CallatayE. de (Etienne)

Thys-ClémentF

Disciplina

336.493090511

Soggetti

Finance, Public - Belgium

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

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

Sommario/riassunto

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 2