Luxembourg: Staff Report for the 2002 Article IV Consultation

June 17, 2002

Preview Citation

Format: Chicago

Luxembourg: Staff Report for the 2002 Article IV Consultation, (USA: International Monetary Fund, 2002) accessed September 24, 2024

Summary

The 2002 Article IV Consultation highlights that the financial sector of Luxembourg has continued to expand, with asset and liquidity management taking over from private banking as the main source of strong growth of the sector. Nonetheless, activity weakened in 2001. Structural reforms are proceeding. Progress has been made in removing legal obstacles to part time employment, introducing more flexible working time arrangements and work-week averaging, and expanding child care facilities. The authorities have adopted the legal and regulatory framework needed for the launch of an electronic commerce sector.

Subject: Economic sectors, Employment, Financial sector, Inflation, Labor, Labor markets, Prices

Keywords: CR, Employment, Financial sector, GDP deflator, Global, Government, Headline inflation, IMF staff calculation, Inflation, Inflation projection, Interest income, ISCR, Labor markets, Net, Return on equity, Surplus, Trend-GDP growth

Publication Details

Pages:

35
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2002/118
Stock No:

1LUXEA0032002
ISBN:

9781451824339
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports