IMF Staff Country Reports

Luxembourg: Selected Issues and Statistical Appendix

May 22, 2000

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Luxembourg: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2000) accessed November 21, 2024

Summary

Luxembourg's impressive growth performance has been accompanied by regional specialization of production, high labor mobility, export-propelled growth, and the dominance of regional growth fluctuations. Luxembourg's public pension system faces the challenges of population aging and Luxembourg's small, open, and highly specialized economy. Luxembourg's labor market performance holds a seeming paradox, favorable labor market outcomes are coupled with rigid labor market institutions. The supervision of cross-border financial activities raises the difficult challenge of obtaining a complete, consolidated view of the operations of international banking institutions.

Subject: Aging, Employment, Expenditure, Labor, Labor market institutions, Labor markets, Pension spending, Pensions, Population and demographics

Keywords: Aggregate wage moderation, Aging, Bank, Contributor coverage ratio, CR, Dependency ratio, Employment, Europe, Global, Growth cycle, Growth differential, ISCR, Labor market, Labor market institutions, Luxembourg legislation, Luxemburg, Pension spending, Pensions, Reservation wage, Wage

Publication Details

  • Pages:

    60

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2000/067

  • Stock No:

    1LUXEA0022000

  • ISBN:

    9781451824308

  • ISSN:

    1934-7685