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By the end of the nineteenth century Belgium was enjoying considerable economicsuccess. However the economic experience has proved significantly less stablein the twentieth century. In The Belgian Economy in the Twentieth CenturyProfessor Andre Mommen describes and analyzes the changing fortunes of theBelgian economy throughout this century. He traces the Belgian experience fromthe state regulation of the interwar period to its current difficulties.Central to the discussion is the innate problem of Belgian dependence oninternational trade due to her small domestic market. This volume explains howa small but industrialized European nation succeeded in preserving itscompetitiveness only to succumb to a devastating debt crisis in the lastdecade. «
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