Economics
BELGIUM
Economic Regional Differences
by Melinda and Natasha
We can see that the
economy of the
3regions are based
on different things.
And it makes
differences between
those regions.
We can’t talk about the econmy of
Belgium without talking about the
regional diffences between Flanders,
Wallonia and Brussels.
First of all Brussels is the politicale,
economics and curlturale European
capital, a lot of European institutions take
place in Brussels. Commuters come from
all Belgium and also from neighbour
countries to work in Brussels.
Then we have the
Flemish region
where the ports of
Antwerp, Bruges and
Ghent take place,
the port of Antwerp
is the second largest
European sea port. It is with the
diamonds commerce and the chemistry
industries the principal source of the
Flemish economy.
The last region is Wallonia wich is one of
the most important steel-making centres
in Europa. The economy of Wallonia is
based on his machanical industries, space
technology, biotechnology, glassworks
and chimicals and electrical engineering.
The GDP ( gross demoestic product ) is
the biggest in Brussel with 61 353€/cap,
then we have Flanders with
28 554€/cap and the last is Wallonia with
21 909€/cap.
Another differences between the regions
is the unemployement, 20% in Brussels,
5,2% in Flanders and 13,2% in Wallonia.
But with the Marshall plan * , which is an
initiative to help the Walloon economy,
scientist believe that Wallonia will catch
up the economic level of Flanders in 2087
because those last years Wallonia has a
better grouth tah Flanders.
So maybe one day the economy is the 3
regions is going to be equal.
* the first Marshall plan was a American
initiative to help Europa, in wich the
United Sates gave economic support to
help rebuild European economies after
the World War II