01657cas a2200241 a 4500 AALejournalIMF002325 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451803181 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Belgium : Selected Issues. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (55 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes fiscal devolution in Belgium. It examines long-term fiscal strategies for meeting the fiscal burden of population aging. The paper presents estimates of the fiscal costs of population aging in Belgium, and discusses their sensitivity to underlying assumptions. Strategies for meeting the fiscal costs of aging are discussed. Specifically, a strategy of swift debt reduction is discussed to see what budget surplus would be needed to reduce debt and interest payments rapidly enough to finance these costs. Alternative policy options are also discussed to show the consequences of delayed fiscal adjustment. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/050 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/050/002.2003.issue-050-en.xml IMF e-Library