Luxembourg: Selected Issues

May 10, 2017

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Format: Chicago

Luxembourg: Selected Issues, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This Selected Issues paper studies diversification in Luxembourg’s economy and the role of the government. The economy of Luxembourg appears to be more concentrated than that of comparable countries. Sectoral output is more concentrated than in other countries; this relative lack of diversification is true even when the financial sector is excluded and even compared with other European countries with a small population. However, employment concentration is similar to that in other countries. Luxembourg specializes in sectors whose labor productivity is somewhat higher than in several benchmark countries. The government should continue to further diversify the economy by fostering an environment for growth.

Subject: Education, Expenditure, Labor, Labor markets, Public investment and public-private partnerships (PPP), Public investment spending, Unemployment

Keywords: Activity rate, Building satellite, CR, EU migrant, Europe, Firm, Global, Government, Government involvement, Government of Luxembourg, ISCR, Labor markets, Luxembourg Luxembourg government, Luxembourgish company, Luxembourg's State, Luxemburg, Migrant, Public investment and public-private partnerships (PPP), Public investment spending, Unemployment, Unemployment benefit

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/114
Stock No:

1LUXEA2017002
ISBN:

9781475599480
ISSN:

1934-7685

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