Belgium recovering well from the crisis but jobs are not being created
On December 7, 2011, AmCham Belgium released its 2011 edition of the annual US Direct Investment in Belgium (USDI) Report accompanied in 2011 with the results of the Business Confidence Survey, a major study into the confidence that companies in Belgium have in the Belgian economy.
|The USDI Report has become an indispensable resource for anyone interested in the US-Belgian business environment, including Belgian political leaders, who regularly reference the Report.
Based on a study conducted by the Vlerick Leuven Gent Management School, the USDI Report highlights USDI trends and gives an overview of Foreign Direct investment (FDI) and USDI in Belgium and globally, including:
• Overview of FDI and USDI flows, both globally and in Belgium
• Employment by US firms in Belgium and in Europe
• Growth of US firms per sector relative to Belgian firms
• R&D expenditure by US affiliates in Belgium and other European countries
• Insight on how current trends in FDI and USDI are influenced by the economic crisis and what role investment in research and development will play in the upturn
The results of the USDI report and the accompanying Survey reveal that whilst Belgium is recovering well from the crisis, new investments are starting to slow and the high labor costs are preventing the creation of new employment in Belgium.
Above: USDI inflows in Belgium in manufacturing and services (1999-2010, $ million)The US Direct Investment Report 2011 and Business Confidence Survey is available via the links on the left side of this page (members only). Previous issues of the USDI report can also be found here.
To learn more about AmCham Belgium’s commitment to improving the Belgian business climate, please contact us today.
An interview with Prof. Leo Sleuwaegen of the Vlerick Leuven Gent Management School, in which he discusses the impact and situation of US Direct Investment in Belgium following the release of AmCham Belgium's USDI Report in 2010: