Luxembourg: Staff Report for the 2000 Article IV Consultation

International Monetary Fund

No 2000/065, IMF Staff Country Reports from International Monetary Fund

Abstract: Luxembourg's economic and fiscal performance has remained impressive. A proactive policy approach focused on institutional reforms will bolster the economy and public finances to growth reversals. A shift to a more diversified pension system should be a policy priority. Further income tax reforms are desirable. The management of the public sector's holdings of financial assets should be improved. An exceptionally favorable economic environment has blunted Luxembourg's labor market rigidities but reforms are needed. Maintaining effective banking supervision and governance should remain a priority of public policy.

Keywords: ISCR; CR; Luxembourg economy; Luxembourg's hallmark; stability program; Belgian Province de Luxembourg; growth performance; IMF staff estimate; social security system; Labor markets; Financial sector; Employment; Pension spending; Labor market institutions; Global; Europe; Eastern Europe; Asia and Pacific (search for similar items in EconPapers)
Pages: 45
Date: 2000-05-15
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Citations: View citations in EconPapers (23)

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