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The FPB’s studies cover 11 main themes: Energy, Environmental economic accounts and analyses, International economy, Labour market, Macroeconomic forecasts and analyses, Public finances, Sectoral accounts and analyses, Social protection, demography and prospective studies, Structural studies, Sustainable development, Transport.

Globalisation, international trade and offshoring

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  • http://regulation.plan.be

Growth and Productivity in Belgium [17/10/2017]

The objective of the report is to provide an overview of the main drivers of economic growth and the productivity evolution in Belgium, in comparison with its three neighbouring countries and the US over 1970 and 2015. Recent evolutions, over 2000-2015, are analysed in details in order to shed light on the impact of the great recession. The growth accounting methodology is applied to explain labour productivity growth for the total economy, manufacturing and market services.

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  • http://regulation.plan.be

The integration of the global economy has progressed over the past decades through fast growing international trade and cross-border investment. It has been pushed by technological developments, trade liberalisation and the opening up of the economies of big countries like China, India and Brazil. Nowadays, the production of many goods and services is organised in global production networks. For Belgium, this may lead to offshoring, i.e. the relocation abroad of economic activities, but it also provides the chance to attract new activities.

What are the consequences for Belgium of this enhanced economic integration? What determines our competitiveness? Do we need to fear massive relocation of jobs? How do Belgian firms integrate in global production chains? What are the possible policy responses to these challenges?

These issues are addressed in FPB work on international trade and offshoring.

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  • http://regulation.plan.be
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