{
  "title": "Luxembourg: Staff Report for the 2012 Article IV Consultation",
  "publication": "IMF Staff Country Reports, July 3, 2012",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/luxembourg-staff-report-for-the-2012-article-iv-consultation-26033",
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  "summary": "This 2012 Article IV Consultation highlights that economic growth in Luxembourg slowed in 2011 amid the euro area sovereign debt crisis. Reflecting sluggish external demand, economic activity is expected to further weaken, with growth projected to decline to ½ percent in 2012.",
  "sections": [
    {
      "heading": "Macroeconomic performance and outlook",
      "content": "- Economic growth in Luxembourg slowed in 2011 amid the euro area sovereign debt crisis.\n- Reflecting sluggish external demand, economic activity is expected to further weaken, with growth projected to decline to ½ percent in 2012.\n- Executive Directors welcomed the continued stability of Luxembourg’s economy despite the turbulence in the euro area."
    },
    {
      "heading": "Financial sector assessment and policy actions",
      "content": "- Authorities were commended for measures taken to strengthen the financial sector.\n- Authorities were commended for implementing recommendations from the Financial Stability Assessment Program update."
    },
    {
      "heading": "Key subjects and keywords covered",
      "content": "- Subjects: Banking, Financial crises, Financial regulation and supervision, Financial sector, Labor, Labor markets, Public debt\n- Keywords: authority, budgetary funds, central bank, CR, Global, IMF staff calculation, ISCR, Labor markets, liability positions vis-à-vis nonresident, Luxembourg economy, Luxemburg, social security fund"
    },
    {
      "heading": "Publication and document identifiers",
      "content": "- Pages: 69\n- Volume: 2012\n- Issue: 160\n- Series: Country Report No. 2012/160\n- DOI: https://doi.org/10.5089/9781475504835.002\n- Stock No: 1LUXEA2012001\n- ISBN: 9781475504835\n- ISSN: 1934-7685\n- Publication date on page: July 3, 2012\n\nInternational Monetary Fund. Luxembourg: Staff Report for the 2012 Article IV Consultation.\n\n---\n\n Content in this bundle\n\n- Luxembourg: 2012 Article IV Consultation; IMF Country Report  12/160; June 12, 2012.\n  - Luxembourg: 2012 Article IV Consultation; IMF Country Report  12/160; June 12, 2012. (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Luxembourg: 2012 Article IV Consultation; IMF Country Report  12/160; June 12, 2012. (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 3, 2012",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475504835.002",
    "Economic growth in Luxembourg slowed in 2011 amid the euro area sovereign debt crisis.",
    "Reflecting sluggish external demand, economic activity is expected to further weaken, with growth projected to decline to ½ percent in 2012.",
    "Executive Directors welcomed the continued stability of Luxembourg’s economy despite the turbulence in the euro area.",
    "Authorities were commended for measures taken to strengthen the financial sector.",
    "Authorities were commended for implementing recommendations from the Financial Stability Assessment Program update.",
    "Subjects: Banking, Financial crises, Financial regulation and supervision, Financial sector, Labor, Labor markets, Public debt",
    "Keywords: authority, budgetary funds, central bank, CR, Global, IMF staff calculation, ISCR, Labor markets, liability positions vis-à-vis nonresident, Luxembourg economy, Luxemburg, social security fund",
    "Pages: 69",
    "Volume: 2012",
    "Issue: 160",
    "Series: Country Report No. 2012/160",
    "DOI: https://doi.org/10.5089/9781475504835.002",
    "Stock No: 1LUXEA2012001",
    "ISBN: 9781475504835",
    "ISSN: 1934-7685",
    "Publication date on page: July 3, 2012",
    "**Luxembourg: 2012 Article IV Consultation; IMF Country Report  12/160; June 12, 2012.**"
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