Introduction I. Main features of the boom -Demand and output -Employment and labour market -Prices and wages II. The BLEU balance of payments III. Economic policies in Belgium -Budget policy -Monetary developments -The November stabilization programme -Policies in respect of prices and the TVA IV. Current trends and prospects in the Belgian economy V. Trends, policies and prospects in the Luxemburg economy VI. Policy conclusions Annex 1 Chronology of main economic policy measures Statistical Annex.