This working paper describes main evolutions in household expenditure for transport in Belgium. Results are based on data from national accounts (National Accounts Institute, Eurostat) as well as data from Household budget surveys (Statistics Belgium).
The present document is the third biannual progress report in which the Federal Planning Bureau (FPB) gives an account of the monitoring of the economic stimulus strategy announced by the Federal government in the summer of 2012.
This progress report gives an overview of the measures to follow up and reviews the progress of their implementation (situation on January 31, 2014). In addition, the report attempts to provide an analysis of those measures.
This working paper describes TransAccount, an accounting model created at the FPB to build sustainable development scenarios, in particular their climate and energy segment, using a backcasting approach. To construct a scenario with TransAccount, the long term objectives and hypotheses of a global sustainable development scenario (for example Pyramid or Mosaic, scenarios published in the Belgian 4th Federal Report on Sustainable Development) have to be translated into quantitative objectives and hypotheses on technologies and on consumption and production patterns. The constructed scenarios highlight the changes needed in technology and in consumption and production patterns to meet the challenges of a sustainable development.
This new outlook for the world economy is based on the Belgian Federal Planning Bureau’s NIME model and covers the period 2013-2024. The projection indicates that there should be a limited growth rebound over the period 2013-2016. Over this period, economic growth should allow a closing of the euro area’s output gap, even though world economic growth should continue to be driven mainly by countries other than those of the EU, the United States and Japan. In the longer run, world growth should decline due to a general slowdown in productivity growth, but also due to unfavourable demographic trends.
It should be noted that these 2013-2024 projections for the world economy do not serve as input for the Federal Planning Bureau’s short-term forecasts and medium-term projections for Belgium. Indeed, these latter rely on various ad hoc methodologies and integrate international forecasts from institutions such as the EU Commission, the OECD and the IMF.