By the end of the nineteenth century Belgium was enjoying
considerable economic success. However, the economic experience has
proved significantly less stable in the twentieth century. In The
Belgian Economy in the Twentieth Century 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. 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.
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