IMF Staff Country Reports

Luxembourg: Selected Issues

Publication Date:

May 5, 2004

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper studies Luxembourg’s economic growth performance of the past two decades with a view to shedding light on the growth prospects and fiscal implications. The paper investigates whether the recent weakness in activity is largely transitory or whether it heralds a new era of lower potential output growth. The paper also explains one option for reforming the pay-as-you-go pension pillar, which is to link pension benefits to the contributions base through a “solidarity factor.”

Series:

Country Report No. 2004/124

Subject:

Asset prices Economic sectors Expenditure Financial sector Labor Pension spending Pensions Prices Production Production growth