Country Report: Belgium Assignment: Global Macroeconomics and Business Environment 1. Executive Summary The purpose of this paper is to give a brief presentation of the current situation of the Belgian economy‚ its challenges and prospects and to recommend policies to tackle these challenges. The Belgian economy is stumbling. Belgium almost entered into a recession in 2012 and the GDP trend is negative. Consumer spending is low. Government spending and investment spending
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New Belgium Brewing Company is working to address several environmental issues‚ including the usage of non-renewable energy sources‚ the treatment of waste water‚ using and wasting less fresh water‚ and the recycling of as much of the firm’s waste as possible. NBB is the first brewery in the United States to be fully wind-powered‚ and they encourage their employees and the communities they serve to bike wherever they go‚ rather than drive. These efforts‚ along with the planning of opening a new
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expanding business‚ they have to ensure that all the markets that their products will be sold in are aware of them. They can do this by using the AIDA model that consists of attention‚ interest‚ desire‚ and action (Ferrell & Hartline‚ 2014). New Belgium needs to catch the attention of the consumers in all the markets they distribute in so they would know that the company exist and they product is now available in their area. The company has to draw interest to their products‚ maybe hosting or participating
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product‚ the New Belgium Brewing Company stands out as an excellent example. The New Belgium Brewing Company was founded in 1991 by Jeff Lebesch and his wife‚ Kim Jordan. The idea started from a trip to Belgium‚ a country that is known for its remarkable beer and its centuries old traditions of making it as well. The trip culminated by the making of the first batch of Fat Tire beer in the couple’s basement. The name was chosen in honor of the bicycle trip Jeff had made to Belgium. Within years
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BELGIUM SECTION A) THE BALANCE OF TRADE FOR BELGIUM DEFINITION OF BALANCE OF TRADE: Balance of Trade is simply the difference between the value of exports and value of imports. Thus‚ the Balance of Trade denotes the differences of imports and exports of a merchandise of a country during the course of year. It indicates the value of exports and imports of the country in question. 2O14 UP TO THE 15TH OF JANUARY 2015 BALACE TRADE OF 2014 BALANCE OF TRADE 2013 BALANCE OF TRADE 2012 BALANCE
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the Congo slaves‚ so some of them tried to escape‚ but they couldn’t. If a slave got caught trying to escape‚ the Belgian army would torture him or maybe even kill him. Under the rule of Belgium‚ more than 10 million Congo people were killed. This made the Congolese people revolt to stop the torture that the Belgium army are doing to the slaves. This revolt eventually led to a war between the two sides which Congo won and was officially named independent to be the Democratic Republic of the Congo.
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II of Belgium‚ his intentions were pure. All he wanted was to improve the living conditions of the poor people of the Congo. However‚ King Leopold II was a ruthless‚ capitalist‚ tyrant.
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King Leopold made himself the dictator of the Congo and spent the riches to form what was nearly his own private colony‚ the Congo Free State. As we look at how Belgium profited from the colonization of Congo‚ I am going to refer to the books and films we used in class to help explore and define this topic more proficiently. Belgium discovered many natural materials that were very valuable for the times and could potentially benefit Africa and the western world. These materials‚ such as rubber
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The story of the Democratic Republic of Congo starts off with King Leopold II‚ the King of Belgium from 1865-1909. King Leopold II was extremely interested in making Belgium a world power‚ and did so by imperialism and colonization. In 1885‚ he made possible the formation of the Congo Free State (now known as the Democratic Republic of Congo) (Hochschild). This state was originally created as a way to open up the interior of Africa to European trade‚ specifically for ivory‚ which was extremely valuable
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over the alleged large-scale violation of human rights led to a British official investigation in 1900. Reacting to the international pressure‚ the Belgian Parliament annexed CFS and removed Leopold from power in 1908. Before turning CFS over to Belgium‚ Leopold destroyed any evidence of what occurred under his reign in CFS‚ including the archives of the Departments of Finance and the Interior. On November 15‚ 1908‚ Congo Free State officially became a colony known as Belgian
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