The Belgian Economy in the Twentieth Century

Description

The Belgian Economy in the Twentieth Century offers a detailed study of one of the small economies constituting the Benelux group. Professor Andre Mommen describes and analyzes the changing fortunes of the Belgian economy throughout this century. He traces the Belgian experience from the state regulation of the inter-war period to its current difficulties. Central to the discussion is the innate problem of Belgian dependence on international trade due to her small domestic market. Mommen places this examination within the political context by confronting the problems which have arisen since the first oil crisis and the effect they have had on Belgian politics and society. This volume explains how a small but industrialized European nation succeeded in preserving its competitiveness only to succumb to a devastating debt crisis in the last decade. The Belgian Economy in the Twentieth Century perfectly illustrates the volatility of European economic trends this century.

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