{"id":6484,"date":"2012-12-14T14:03:42","date_gmt":"2012-12-14T19:03:42","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6484"},"modified":"2021-03-22T22:56:06","modified_gmt":"2021-03-22T22:56:06","slug":"belgium-ranked-as-the-3rd-most-productive-country-in-the-world","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/14\/belgium-ranked-as-the-3rd-most-productive-country-in-the-world\/","title":{"rendered":"Belgium ranked as the 3rd most productive country in the world?"},"content":{"rendered":"

Belgium scores highly on international productivity rankings<\/a>, which compare GDP (converted to USD after adjusting for purchasing power parity) to hours worked by the workforce. But results can be deceiving. Amcham Belgium writes:<\/p>\n

Although Belgium has a high productivity score, it might not be all good news. Firstly, the results could be influenced by the fact that only 34.5% of its employable population aged 55 to 65 are actually working ……… Secondly, Belgian salaries are on average 11% higher than those of neighboring countries (the Netherlands, Germany and France)…..<\/p><\/blockquote>\n

Belgium may rank high on GDP per hour worked but slips down the rankings when measured on GDP per capita because of its low labor participation rate which imposes a high social cost on the country. That is why it is important not to use just one measure when assessing productivity.
\nRead more at Belgium ranked as the 3rd most productive country in the world<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Belgium scores highly on international productivity rankings, which compare GDP (converted to USD after adjusting for purchasing power parity) to hours worked by the workforce. But results can be deceiving. Amcham Belgium writes: Although Belgium has a high productivity score, it might not be all good news. Firstly, the results could be influenced by the … <\/p>\n

Continue reading “Belgium ranked as the 3rd most productive country in the world?”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,33],"tags":[408,2055],"class_list":["post-6484","post","type-post","status-publish","format-standard","hentry","category-economy","category-uk-europe-countries-regions","tag-belgium","tag-labor-productivity"],"yoast_head":"\nBelgium ranked as the 3rd most productive country in the world? - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Belgium ranked as the 3rd most productive country in the world? - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Belgium scores highly on international productivity rankings, which compare GDP (converted to USD after adjusting for purchasing power parity) to hours worked by the workforce. But results can be deceiving. Amcham Belgium writes: Although Belgium has a high productivity score, it might not be all good news. 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First let's look at GDP per capita. This should\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8887,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/21\/productivity-commission-report-says-australian-car-makers-cant-compete-on-labour-costs\/","url_meta":{"origin":6484,"position":1},"title":"Productivity Commission report says Australian car makers can’t compete on labour costs","author":"ColinTwiggs","date":"December 21, 2013","format":false,"excerpt":"An increasing amount of the world's cars are now built in countries such as Brazil, China, India, Mexico and Thailand, while countries such as Australia, the US, the UK and Belgium have shed workers since 2008.The [Productivity Commission] report finds labour costs in Australia \"relatively high\", although not substantially different\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10317,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/15\/ray-dalio-the-economic-machine-and-beautiful-deleveraging\/","url_meta":{"origin":6484,"position":2},"title":"Ray Dalio: The Economic Machine and Beautiful Deleveraging","author":"ColinTwiggs","date":"July 15, 2014","format":false,"excerpt":"Ray Dalio, founder of Bridgewater Associates, released a 30 minute video in 2013, explaining his template of the economy and how central banks and government should manage a deleveraging like the Great Recession and its after-effects. http:\/\/youtu.be\/PHe0bXAIuk0 Ray proposes three simple rules to avoid future crises: Don't let debt grow\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/PHe0bXAIuk0\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1363,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/chart-of-the-day-greatest-credit-deterioration-focus-belgium-spanish-banking-credit-writedowns\/","url_meta":{"origin":6484,"position":3},"title":"Chart of the day: Greatest Credit Deterioration Focus – Belgium, Spanish banking | Credit Writedowns","author":"ColinTwiggs","date":"October 17, 2011","format":false,"excerpt":"As I said in July, I expect contagion to be a real concern regarding the dithering policy approach. I believe the sovereign debt crisis will continue to deteriorate further for just this reason. .....So, what happens is that the crisis rolls through. More and more countries in the euro zone\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6485,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/14\/productivity-in-ireland-mark-cassidy\/","url_meta":{"origin":6484,"position":4},"title":"Productivity: Ireland leads the way","author":"Colin Twiggs","date":"December 14, 2012","format":false,"excerpt":"Ireland now leads the United States in labor productivity as measured by GDP (converted to USD after adjusting for purchasing power parity) to hours worked by the workforce. Mark Cassidy writes on Ireland's strong productivity growth during the 1990s: Strong productivity growth during this period was largely driven by substantial\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26334,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/06\/16\/productivity-not-population-key-to-aussie-living-standards-macrobusiness\/","url_meta":{"origin":6484,"position":5},"title":"Productivity not population key to Aussie living standards | Macrobusiness","author":"Colin Twiggs","date":"June 16, 2021","format":false,"excerpt":"From Leith van Onselen at Macrobusiness: Former ALP minister Craig Emerson has penned an article in The AFR calling on the Morrison Government to tackle Australia\u2019s declining productivity growth, which is central to boosting the nation\u2019s living standards: \u201cProductivity growth has contributed 95 per cent of the improvement in Australians\u2019\u2026","rel":"","context":"In "Aussie dollar"","block_context":{"text":"Aussie dollar","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/aussie-dollar\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6484"}],"version-history":[{"count":2,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6484\/revisions"}],"predecessor-version":[{"id":24684,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6484\/revisions\/24684"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}