This 2003 edition of OECD's Economic Survey of Belgium examines recent economic developments, policies and prospects and includes a special chapter on tax reform.
Table of contents:
Assessment and recommendations I. Recent economic developments and prospects -Recent economic developments Monetary conditions support growth -Outlook II. Fiscal policy -Overview -Recent developments -Forces shaping the budget balance in the short and medium run -Assessment -Sustainable retirement income III. Tax reform -Forces shaping tax policy -Main features of the tax system -Main options for reform IV. Progress in structural reform -Productivity growth -The labour market -Product markets -Sustainable development List of acronyms Bibliography Annexes -I. The impact of an increase in the labour tax wedge on the labour market -II. Personal income tax reform -III. Effective taxation of second-pillar savings -IV. Redistribution through the tax-benefit system -V. Calendar of main economic events