Luxembourg : Selected Issues

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 16, 2016

Electronic Access:

Free Full Text (PDF file size is 1059 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper studies the two vital issues of Luxembourg’s economy: investment IMF-World Bank linkages and lessons and challenges in accommodating migrants and refugees. The Luxembourg investment fund industry, second in the world after the United States, has grown rapidly since the global financial crisis. Risks in investment funds are attracting global attention, and the linkages between Luxembourg funds and banks could contribute to transmitting financial volatility to the financial system and the real economy. Past experience of handling migration flows and a positive public attitude have helped the authorities to mobilize resources for accommodating sharply rising refugee inflows from mid-2015.

Series:

Country Report No. 16/119

Subject:

English

Publication Date:

May 16, 2016

ISBN/ISSN:

9781484349984/1934-7685

Stock No:

1LUXEA2016002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

32

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