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State responses to the fiscal crisis: Belgium

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  • Walter Kickert

Abstract

This article presents a brief description of how the Belgian government responded to the global financial, economic and fiscal crises. Belgium took various measures to support banks in 2008. Following forecasts of a substantial economic decline in 2009 and zero growth in 2010, and increases in unemployment in 2009 and 2010, the federal and regional governments took successful economic recovery measures. Although it might appear that the fiscal crises of state debt and budget deficits were ignored during this time, there were measures in place to tackle them. This article looks at the contents of the government responses, as well as the political and administrative aspects of the governmental decision-making processes.

Suggested Citation

  • Walter Kickert, 2012. "State responses to the fiscal crisis: Belgium," Public Money & Management, Taylor & Francis Journals, vol. 32(4), pages 303-310, July.
  • Handle: RePEc:taf:pubmmg:v:32:y:2012:i:4:p:303-310
    DOI: 10.1080/09540962.2012.691313
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    Cited by:

    1. Ongaro, Edoardo & Ferré, Francesca & Fattore, Giovanni, 2015. "The fiscal crisis in the health sector: Patterns of cutback management across Europe," Health Policy, Elsevier, vol. 119(7), pages 954-963.
    2. KAYA Halil Dincer, 2018. "The Impact Of The Asian Crisis On Governance:Does Oecd Membership Or Income Levels Matter?," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 13(2), pages 115-130, August.
    3. Sébastien Dony, 2017. "Ce que nous apprennent les démarches d'amélioration de l'efficience dans les collectivités territoriales," Post-Print hal-01907400, HAL.
    4. Štambuk Ana & Karanović Goran & Host Alen, 2019. "Employers’ Perceptions of Business and Economics Graduates’ Competencies in Croatia," Business Systems Research, Sciendo, vol. 10(2), pages 108-123, September.
    5. Halil Dincer Kaya, 2017. "The Regional Impacts Of The 2008-2009 Global Crisis On Governance," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 80-90, April.
    6. Ileana Danut, 2016. "The Analysis Of Environmental Policies And Involvement In The Local Community At A Public Organization Level," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 30-36, April.
    7. Fabrizio Di Mascio & Alessandro Natalini, 2015. "Fiscal Retrenchment in Southern Europe: Changing patterns of public management in Greece, Italy, Portugal and Spain," Public Management Review, Taylor & Francis Journals, vol. 17(1), pages 129-148, January.
    8. Céline Du Boys & Emanuele Padovani, 2016. "Local Reactions To The Financial Crisis: What Influence Of National Context Vs Individual Strategies?," Post-Print hal-01470232, HAL.
    9. Patrick Pilipiec & Wim Groot & Milena Pavlova, 2020. "A Longitudinal Analysis of Job Satisfaction During a Recession in the Netherlands," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 149(1), pages 239-269, May.
    10. Yunsoo Lee, 2021. "Averting the Fallouts of the Great Recession in Belgium and the Netherlands: a Research Note," Public Organization Review, Springer, vol. 21(3), pages 409-418, September.
    11. Céline Du Boys & Emanuele Padovani & Alice Monti, 2017. "Vulnerability factors shaping municipal resilience throughout the global financial crisis: comparing Italy and France," Post-Print hal-02057637, HAL.
    12. KAYA Halil Dincer, 2018. "The Regional Impacts Of The Asian Crisis On Governance," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 13(1), pages 76-89, December.

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