Luxembourg : Selected Issues.

This Selected Issues paper analyzes the effect of aging on pension expenditure in Luxembourg. The paper highlights that Luxembourg is in a relatively favorable position because its GDP growth has been well above the average for industrialized countries in the post-war period. Moreover, growth has be...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1996.
Serier:IMF Staff Country Reports; Country Report ; No. 1996/048
Online adgang:Full text available on IMF
Beskrivelse
Summary:This Selected Issues paper analyzes the effect of aging on pension expenditure in Luxembourg. The paper highlights that Luxembourg is in a relatively favorable position because its GDP growth has been well above the average for industrialized countries in the post-war period. Moreover, growth has been unconstrained in that much of it has been based on the influx of foreign capital and labor. The paper provides some illustrative simulations of pension expenditure in Luxembourg, and describes the demographic developments. After reviewing methodological issues, simulations of pension expenditure until 2050 are also presented.
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Fysisk beskrivelse:1 online resource (48 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students