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.
Much of the deregulation initiative has come from the European Union. It has not so much led to an end to public intervention in the economy but changed its nature. The construction of Europe has involved the gradual abolition of all rules aimed at protecting particular national actors and has established a level playing field for all European participants.
The FPB studies branches in which regulation has or had an important role and aims to determine whether regulation remedies market failure or is itself a cause of market failure. It also tries to determine the effects of reforms on growth and employment.
The European authorities and the Member State governments soon recognised the challenge posed by the deceleration in productivity growth to the European Union’s future. Their reaction took shape in the European Council’s adoption in March 2010 of the Europe 2020 Strategy, which must create an intelligent, sustainable and inclusive economy with high employment and productivity and greater social cohesion.
To implement this strategy, specific targets have been set both for the whole of the EU and at Member-State level with regard to:
The FPB offers a presentation on the path towards these targets and monitors the evolution of these reforms in the key sectors of the Belgian economy.
The FPB also participates in the coordination of the report on the implementation of the strategy in Belgium. This report is called the National Reform Programme and is submitted annually to the Commission’s services as a part of the European Semester (www.be2020.eu).