The Belgian economy has returned to growth and continues scoring well on broader measures of well-being, but further reforms will be needed to secure fiscal sustainability while promoting employment and competitiveness, according to the latest OECD Economic Survey of Belgium 2015.
Mr Gurría presented the 2015 OECD Economic Survey of Belgium alongside Mr. Charles Michel, Prime Minister of Belgium.
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According to a new OECD report, variation in rates of health care activity across geographic areas in countries is a cause for concern. Wide variation suggests that whether or not you will receive a particular health service depends to a very great extent on where you live within a country.
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Belgium’s labour market continues to perform poorly relative to the OECD average. The employment rate of 61.8% (Q1 2014) is well below the OECD average and little changed from its pre-crisis level. Unemployment, at 8.5% in Q2 2014, remains close to peak levels, unlike in most other countries
Specific country notes have been prepared using data from the database OECD Health Statistics 2014, June 2014 version. The notes are available in PDF format.
The average worker in Belgium faced a tax burden on labour income (tax wedge) of 55.8% in 2013 compared with the OECD average of 35.9%. Belgium had the highest tax burden of the 34 OECD member countries in this respect.
Mr. Angel Gurría, Secretary-General of the OECD, attended the OECD Seminar “The Euro area at a crossroads: Policies for growth, jobs and competitiveness” in Brussels on 17 February 2014 at the Council of the European Union, ahead of the regular Eurogroup meeting. At the Seminar, the Secretary-General presented the OECD report “Economic Challenges and Policy Recommendations for the Euro Area”.
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Highlights for Belgium from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.
These country notes contain indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.
Two rounds of the Survey of Adult Skills are under way: Round 1 (2008-13) with 24 participating countries, whose results were released in October 2013, and Round 2 (2012-16) with 9 participating countries, whose results will be released in 2016. A third round is scheduled to begin in May 2014.