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KEY ISSUES Context. With a strong policy framework, Luxembourg has weathered the crisis well, and the economy is … from losses in e-VAT revenue and strong expenditure growth, and Luxembourg’s cost competitiveness is being eroded. A new …
Persistent link: https://www.econbiz.de/10014411237
This Selected Issues Paper analyzes the fiscal position and significant challenges for Luxembourg. Luxembourg's fiscal …
Persistent link: https://www.econbiz.de/10014411238
This 2012 Article IV Consultation highlights that economic growth in Luxembourg slowed in 2011 amid the euro area … projected to decline to 1⁄2 percent in 2012. Executive Directors have welcomed the continued stability of Luxembourg’s economy …
Persistent link: https://www.econbiz.de/10014395531
This paper analyzes economic developments in Luxembourg during the 1990s. Economic performance continues to be … exceptional in Luxembourg. Growth averaged 6 percent during 1980s, well above the European average, while the inflation and … unemployment rates ranked among the very lowest. In 1994, Luxembourg was the only European industrialized country to run a general …
Persistent link: https://www.econbiz.de/10014397215
This Selected Issues paper analyzes the effect of aging on pension expenditure in Luxembourg. The paper highlights that … Luxembourg is in a relatively favorable position because its GDP growth has been well above the average for industrialized … foreign capital and labor. The paper provides some illustrative simulations of pension expenditure in Luxembourg, and …
Persistent link: https://www.econbiz.de/10014397701
This Selected Issues paper provides a quantitative assessment of the long-term prospects of the Luxembourg pension …
Persistent link: https://www.econbiz.de/10014398440
An externally driven economic recovery has continued gathering strength in 2010 in Luxembourg. Executive Directors …
Persistent link: https://www.econbiz.de/10014399060
The economic impact of the pandemic has been much milder than initially foreseen, still the outlook remains challenging. The economy, dominated by financial services, adapted quickly to telework and benefited from unprecedented policy support, both domestically and globally. Uncertainty is...
Persistent link: https://www.econbiz.de/10012604015
This paper discusses growth prospects and downside risks of Luxembourg's economy. Luxembourg's small open economy plays …-friendly regulation, a skilled labor force, and low and predictable taxes have made Luxembourg a global financial center, home of … Luxembourg's performance. In case of severe external shocks, unraveling financial exposures could prompt dislocations in markets …
Persistent link: https://www.econbiz.de/10011671289