Luxembourg : Selected Issues.

This Selected Issues paper studies diversification in Luxembourg's economy and the role of the government. The economy of Luxembourg appears to be more concentrated than that of comparable countries. Sectoral output is more concentrated than in other countries; this relative lack of diversifica...

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Tác giả của công ty: International Monetary Fund. European Dept
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2017.
Loạt:IMF Staff Country Reports; Country Report ; No. 2017/114
Truy cập trực tuyến:Full text available on IMF
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520 3 |a This Selected Issues paper studies diversification in Luxembourg's economy and the role of the government. The economy of Luxembourg appears to be more concentrated than that of comparable countries. Sectoral output is more concentrated than in other countries; this relative lack of diversification is true even when the financial sector is excluded and even compared with other European countries with a small population. However, employment concentration is similar to that in other countries. Luxembourg specializes in sectors whose labor productivity is somewhat higher than in several benchmark countries. The government should continue to further diversify the economy by fostering an environment for growth. 
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