Recovering from the crisis

May 2010
OECD Economic Surveys: Luxembourg;May2010, Vol. 2010 Issue 5, p17
Country Report
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.


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