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 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.
Publication date: June 1996
ISBN: 9781451824285
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This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public Policy- Social Security , pension , pensions , pension fund , pension system , pension expenditure

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