Thursday, November 13, 2008

Post Leterme's resignation, further instability is feared in Belgium

Early this year, Leterme had set himself a deadline of July 15 to put to rights the parties from Flanders and Wallonia over sweeping reforms to the federal state. But the 47-year-old Flemish conservative failed on three separate occasions, and thus decided to resign. Reacting on the crisis, noted Belgian expert at the Free University of Brussels, Pascal Delwit said to B&E, “Three chances were more than enough, but he clearly failed to grab the opportunities that came his way. In fact, he went out of the way to set things straight. But his limited successes were always followed by psychodramas.”

Belgium, which has merely been a unitary state since 1830, has endured a flurry of political predicaments. The resentment among the Dutch speaking Flemish and the French speaking Walloons goes a long way. However, being a Dutch speaking son of a French speaking father, Leterme's out of the box thinking had generated some hope. The boundaries of Europe's nation states are hardly immutable. Recent incidents suggest Belgium will be the next in the line.....read more

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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