Capital Formation in Belgium, 1900-1995
Michelangelo Van Meerten (Author),
Based on the analysis of more than 35.000 company balance sheets, annual series of gross private investment have been constructed for 15 different sectors in Belgium between 1900 and 1995. The resulting data clearly show that the level of gross investment in the Belgian economy, expressed as a percentage of national income, was generally much lower than during the post world war two period. An international comparison demonstrates that Belgium usually invested far less than its major competitors. Moreover, the traditional coal and metal industries benefited most of the investment effort instead of newer sectors like the chemical industry. Thus the present study contributes to explaining for the relatively poor growth performances of the Belgian economy prior to the 1960s.
Introduction
-
Methodology
- Fixed Asset Deflators
- The Samples
- Gross Fixed Asset Formation in Agriculture, Forestry and Fishing, 1880-1954
- The Value of Changes in Inventories of the Private Sector in Belgium 1900-53
- Gross Private Fixed Asset Formation in Belgium 1910-1954: Results and Analysis
- Gross Fixed Asset Formation and Sturctural Change in the Belgian Economy 1910-1995: a Conclusion
- General Conclusions
Bibliography
Annexes
Frequently Asked Questions
What is "Capital Formation in Belgium, 1900-1995" about?
Based on the analysis of more than 35.000 company balance sheets, annual series of gross private investment have been constructed for 15 different sectors in Belgium between 1900 and 1995. The resulting data clearly show that the level of gross investment in the Belgian economy, expressed as a percentage of national income, was generally much lower than during the post world war two period. An international comparison demonstrates that Belgium usually invested far less than its major competitors. Moreover, the traditional coal and metal industries benefited most of the investment effort instead of newer sectors like the chemical industry. Thus the present study contributes to explaining for the relatively poor growth performances of the Belgian economy prior to the 1960s.
Who wrote "Capital Formation in Belgium, 1900-1995"?
"Capital Formation in Belgium, 1900-1995" was written by Michelangelo Van Meerten.
Is "Capital Formation in Belgium, 1900-1995" part of a series?
Yes, "Capital Formation in Belgium, 1900-1995" is part of the "Studies in Social and Economic History" series. It's book 28 in the series.
What is the Table of Contents for "Capital Formation in Belgium, 1900-1995"?
Introduction
Methodology
- Fixed Asset Deflators
- The Samples
- Gross Fixed Asset Formation in Agriculture, Forestry and Fishing, 1880-1954
- The Value of Changes in Inventories of the Private Sector in Belgium 1900-53
- Gross Private Fixed Asset Formation in Belgium 1910-1954: Results and Analysis
- Gross Fixed Asset Formation and Sturctural Change in the Belgian Economy 1910-1995: a Conclusion
- General Conclusions
Bibliography
Annexes
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