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Table of contents foreword 7 Herman Van Rompuy introduction 11 belgium on the eve oF the great sovereign debt crisis Etienne de Callataÿ 1. the european context 25 evolving governance in the eu: From the sgP to hell and back? Guy Quaden, Jan Smets, and Geert Langenus 2. overview 51 main develoPments in Public Finance Maud Nautet and Luc Van Meensel 3. the fiscal stance 65 the return oF the Public budget deFicit Reginald Savage 4. tax revenue and tax policy 95 a decade oF tax cuts André Decoster, Marcel Gerard, and Christian Valenduc 5. approaches to primary expenditure 121 5.1 the structure oF exPenditure oF the regions and communities: a comParison 2002-2011 122 Valérie Schmitz, Bastien Scorneau, and Robert Deschamps 6 The Return of the Deficit 5.2 trends in Public emPloyment in belgium 134 Stefan Van Parys and Luc Van Meensel 5.3 the Practice oF PerFormance contracting by belgian governments: re-considering the control oF autonomous agencies 146 Koen Verhoest 5.4 measuring and managing Public PerFormance 161 Jean Hindriks 6. social security 173 the active welFare state: a stylised retrosPective Frank Vandenbroucke, with Kim Lievens 7. indebtedness 215 interest Payment and Public debt Natacha Gilson and Jean Deboutte 8. fiscal federalism 241 the transition to a new model oF Fiscal relations Koen Algoed and Frédérique Denil conclusion 291 Françoise Thys-Clément annex 1: Presentation oF the belgian institute oF Public Finance 297 Aloïs Van de Voorde annex 2: statistical overview 303 Maud Nautet and Luc Van Meensel annex 3: list oF contributors 327 ...

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