IMF Staff Country Reports

Luxembourg: Selected Issues

May 16, 2016

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Luxembourg: Selected Issues, (USA: International Monetary Fund, 2016) accessed November 21, 2024

Summary

This paper studies the two vital issues of Luxembourg’s economy: investment IMF-World Bank linkages and lessons and challenges in accommodating migrants and refugees. The Luxembourg investment fund industry, second in the world after the United States, has grown rapidly since the global financial crisis. Risks in investment funds are attracting global attention, and the linkages between Luxembourg funds and banks could contribute to transmitting financial volatility to the financial system and the real economy. Past experience of handling migration flows and a positive public attitude have helped the authorities to mobilize resources for accommodating sharply rising refugee inflows from mid-2015.

Subject: Asset and liability management, Asset management, Asset valuation, Banking, Corporate bonds, Financial institutions, Migration, Mutual funds, Population and demographics

Keywords: Asset management, Asset valuation, Asylum seeker, Banque Centrale du Luxembourg, Corporate bonds, CR, Economic migrant, Employment promotion program, Global, Incoming refugee, ISCR, Luxembourg's society, Luxemburg, Middle East, Migrant, Migration, Mutual funds, Refugee, Refugee arrival, Refugee influx, Refugee surge

Publication Details

  • Pages:

    32

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/119

  • Stock No:

    1LUXEA2016002

  • ISBN:

    9781484349984

  • ISSN:

    1934-7685