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- W4387209323 abstract "The recovery from the COVID-19 pandemic has been robust thanks to extensive policy support. However, the new shock from the war in Ukraine is exacerbating inflation, and supply and labour market shortages, highlighting the importance of boosting the resilience of the Belgian economy. Medium-term fiscal sustainability challenges should be addressed by limiting early exit possibilities from the labour market, improving the efficiency of public spending, in particular through spending reviews, and boosting the coordination of fiscal policies by all levels of government to create room for public investment. Enhanced links between wages and productivity at the firm and worker level, higher competition in services and well-targeted investments in green and digital infrastructure, by addressing bottlenecks and providing the right price signals, are needed to raise productivity growth and contribute to more sustainable growth." @default.
- W4387209323 created "2023-10-01" @default.
- W4387209323 date "2022-07-07" @default.
- W4387209323 modified "2023-10-14" @default.
- W4387209323 title "Key Policy Insights" @default.
- W4387209323 doi "https://doi.org/10.1787/9bb1af72-en" @default.
- W4387209323 hasPublicationYear "2022" @default.
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