Assessment by international organisations

The performances of Belgium in science, technology, innovation and competitiveness are regularly assessed at international level. Below is a series of evaluation reports from prominent international bodies that illustrate the relative strengths and weaknesses of the Belgian innovation system.

European Commission

The European Commission is one of the main institutions of the European Union. It represents and upholds the interests of the EU. It drafts proposals for new European laws. It manages the day-to-day business of implementing EU policies and spending EU funds.

OECD

The Organisation for Economic Co-operation and Development (OECD) was established in 1961 to stimulate economic development and world trade. The number of member countries has grown from the original 20 to 36 today. Its current mission is to promote policies that will improve the economic and social well-being of people around the world. The OECD provides a forum in which governments can work together to share experiences and seek solutions to common problems.

The IMD World Competitiveness Center is dedicated to the advancement of knowledge on world competitiveness by providing benchmarking services for countries and companies.

The Global Entrepreneurship and Development Institute (GEDI) is a research organisation advancing knowledge on the relationship between entrepreneurship, economic development, and prosperity.

World Bank International Finance Corporation (IFC)

The World Bank consists of two organisations:

  • The International Bank for Reconstruction and Development: The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries.

  • The International Development Association: The International Development Association (IDA) provides interest-free loans - called credits - and grants to governments of the poorest countries.

The International Finance Corporation (IFC) is the largest global development institution focused exclusively on the private sector. They help developing countries achieve sustainable growth by financing investment, mobilising capital in international financial markets, and providing advisory services to businesses and governments.