TITLE

Recovering from the crisis

PUB. DATE
May 2010
SOURCE
OECD Economic Surveys: Luxembourg;May2010, Vol. 2010 Issue 5, p17
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article explores the major challenges the economy of Luxembourg faces as it emerges from the recession. It presents statistical information on its financial and trade downturn with reference to the gross domestic product (GDP), as well as data on employment, inflation and competitiveness. It evaluates the potential output and policy measures intended to support the country's economy. It explains the need to restore public finances with fiscal consolidation, pension reform, and efficiency in government budgeting and public healthcare spending.
ACCESSION #
53498052

 

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