publication . Article . 2010

Belgium’s position in world trade

V. Baugnet; K. Burggraeve; L. Dresse; Ch. Piette; B. Vuidar;
Open Access
  • Published: 01 Jan 2010 Journal: Economic Review, issue i June, pages 27-53
The objective of the article is to give a general overview of the position that Belgium occupies in the world trade stakes and its ability to adjust in response to changes in the international environment. Over the last two decades, world trade has expanded considerably, buoyed up by the rapid growth of new economic centres, the advanced economies generally having seen a drop in their market share. However, the growth in Belgium’s exports has lagged behind the average for twelve European countries going through the same major changes ; and the loss of market share has been higher than the average. A classical econometric analysis of price competitiveness shows u...
free text keywords: competitiveness, market share, export price, innovation, R&D, jel:F14, jel:O30, jel:D21

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