Introduction
Belgium's economy maintained its pattern of growth during 2007 at 2.7%. In the second half of 2007, however, economic growth was moderate. The slowdown continued during 2008 as external factors deteriorated further, before the country went into recession in 2009, with the economy contracting by 2.8%. The Belgian economy recovered in 2010 to register a growth rate of 2.1%.
Features and benefits
* Understand how Belgium can be used to plan business investments or market entry through a holistic view of the country.
* Gain an understanding of the political situation in Belgium, including key figures in the country and governance indicators.
* Understand customer demographics in Belgium through analysis of income distribution and the rural-urban split, as well as healthcare and education.
Highlights
The PESTLE analysis of Belgium identifies issues that affect the country's performance using the strengths, weaknesses, opportunities, and threats (SWOT) framework.
The political landscape section discusses the evolution of the political scenario in Belgium, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
The economic landscape section outlines the evolution of Belgium's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
Your key questions answered
* How does Belgium perform in terms of technology-intensive sectors like telecoms and IT, patents, and R&D expenditure trends?
* What is the legal structure in Belgium and are the laws conducive to investment?
* How does Belgium perform in terms of environmental indicators and its environmental policies?
* How does Belgium perform in terms of healthcare, income distribution, and education?