Cover Image
Read Now

Luxembourg Recent Economic Developments

This paper analyzes economic developments in Luxembourg during the 1990s. Economic performance continues to be exceptional in Luxembourg. Growth averaged 6 percent during 1980s, well above the European average, while the inflation and unemployment rates ranked among the very lowest. In 1994, Luxembo...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1996
Series:IMF Staff Country Reports
Subjects:
Labour
Budget Systems
Public Finance & Taxation
Unemployment: Models, Duration, Incidence, And Job Search
Unemployment
Aggregate Labor Productivity
Budget Planning And Preparation
Trade: General
Exports And Imports
International Economics
Budgeting
Aggregate Human Capital
National Government Expenditures And Related Policies: General
Labor
Expenditure
International Trade
Exports
Expenditures, Public
Budget
Public Financial Management (pfm)
Wages
National Budget
Budgeting & Financial Management
Economic Theory
Intergenerational Income Distribution
Public Finance
Income Economics
Employment
Luxembourg
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper analyzes economic developments in Luxembourg during the 1990s. Economic performance continues to be exceptional in Luxembourg. Growth averaged 6 percent during 1980s, well above the European average, while the inflation and unemployment rates ranked among the very lowest. In 1994, Luxembourg was the only European industrialized country to run a general government surplus. Luxembourg also had the lowest debt-to-GDP ratio, the largest current account surplus, and possibly the highest real saving in this group. These successes are attributable at least in part to the skillful management of policy to facilitate structural change
Physical Description:59 pages
ISBN:9781451824230

Similar Items