Luxembourg: Selected Issues

Publication Date:

September 4, 1998

Electronic Access:

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Summary:

This Selected Issues paper provides a quantitative assessment of the long-term prospects of the Luxembourg pension system and analyzes possible reform options. The results indicate a need to adopt—at an early stage and while the problems are still relatively tractable—measures to dampen the growth of pension expenditure. Otherwise, there is a risk that rising taxes or deficits could have detrimental effects on incentives for work, investment, and innovation, and result in an unsustainable slowdown of economic growth.

Series:

Country Report No. 1998/067

Subject:

English

Publication Date:

September 4, 1998

ISBN/ISSN:

9781451824247/1934-7685

Stock No:

1LUXEA0011998

Pages:

20

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