IMF Staff Country Reports

Luxembourg: Staff Report for the 2000 Article IV Consultation

Publication Date:

May 15, 2000

Electronic Access:

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

Summary:

Luxembourg's economic and fiscal performance has remained impressive. A proactive policy approach focused on institutional reforms will bolster the economy and public finances to growth reversals. A shift to a more diversified pension system should be a policy priority. Further income tax reforms are desirable. The management of the public sector's holdings of financial assets should be improved. An exceptionally favorable economic environment has blunted Luxembourg's labor market rigidities but reforms are needed. Maintaining effective banking supervision and governance should remain a priority of public policy.

Series:

Country Report No. 2000/065

Subject:

Economic sectors Employment Expenditure Financial sector Labor Labor market institutions Labor markets Pension spending

Notes:

Included with the Staff Report are the text of Public Information Notice No. 00/34 and a Statement by J. Prader and A. Jacoby on May 8, 2000.