Luxembourg: Selected Issues

International Monetary Fund

No 2017/114, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; Luxemburg; firm; government; unemployment benefit; migrant; EU migrant; government involvement; Luxembourg Luxembourg government; Luxembourgish company; Luxembourg's State; building satellite; activity rate; government of Luxembourg; Public investment and public-private partnerships (PPP); Public investment spending; Labor markets; Unemployment; Global; Europe (search for similar items in EconPapers)
Pages: 40
Date: 2017-05-10
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=44895 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2017/114

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().