OECD Economic Surveys [electronic resource] : Luxembourg 2001
Organisation for Economic Co-operation and Development StaffCorporate Author
: Organisation for Economic Co-operation and Development,
2001.
This 2001 edition of OECD's periodic review of Luxembourg's economy includes special features on fiscal policy and structural reform.
Description based upon print version of record.
""Table of contents""; ""Assessment and recommendations""; ""I. Recent trends and short-term prospects""; ""Economic activity""; ""Growth accelerated in 1999â€?""; ""Table 1.  Demand and output: recent trends and projections""; ""â€? led by strong growth in the transport and communications sector""; ""Private services underpin high growth and weaken the effects of the international business cycle""; ""Figure 1.  Contributions to real GDP growth""; ""Figure 2. Real GDP growth""; ""Business indicators point to even higher growth in 2000""; ""Employment and unemployment""
""Employment growth rose to record rates in 1999â€?""""Figure 3.  Employment and unemployment""; ""â€? and has been even higher this year""; ""Inflation and wage rates""; ""Rising energy prices have pushed up inflationâ€?""; ""Figure 4.  Inflation""; ""â€? boosting index-linked wage increasesâ€?""; ""Table 2.  The contribution of indexation to average wage increases""; ""â€? and resulting in hourly wage rises amongst the highest in Europe""; ""Figure 5.  Standardised hourly wage costs""; ""Balance of payments""; ""Aircraft purchases reduced the current account surplus in 1999â€?""
""Table 3.  Current balance of payments""""â€? but it is set to rise markedly in 2000""; ""Prospects""; ""Monetary conditions and export markets should become progressively less supportive""; ""Figure 6.  Monetary conditions""; ""Growth and inflation should slow from a peak in 2000""; ""II. Fiscal policy""; ""Overview""; ""Recent developments""; ""Figure 7.  General government finances""; ""The budget in 2000""; ""Table 4.  General government budget and debt""; ""The budget in 2001 and beyond""; ""Figure 8.  Marginal tax rates on household income before and after the tax reform""
""Figure 9.  Composition of current receipts""""Medium and long-term prospects""; ""Figure 10.  Ageing and public finances""; ""III. Progress in structural reform""; ""Productivity growth""; ""Table 5.  Productivity growth""; ""Figure 11.  Trend multi-factor productivity growth""; ""Box 1.  Measuring living standards""; ""Figure 12. Gross national income per capita, 1999""; ""Labour markets""; ""High employment growth and low unemployment""; ""Figure 13.  Employment growth rate""; ""Figure 14. Evolution of unemployment""; ""Figure 15.  Unemployment rate, 1999""
""Figure 16.  Decomposition of domestic employment""""Low employment ratios, notably for older workers and women""; ""Figure 17.  Employment-population ratio""; ""Figure 18.  Employment-population ratio, by gender and age group, 1999""; ""Figure 19.  Employment-population ratio for older age group, 55-64""; ""Figure 20. The gender gap in employment-population ratios""; ""Table 6.  Working-age persons receiving a benefit associated with non-employment""; ""Older workers""; ""Reasons for withdrawing from the labour force prematurely""; ""Table 7.  Disability or early retirement pensions""
""Table 8.  Representative disability and retirement pensions, 1997""
This 2001 edition of OECD's periodic review of Luxembourg's economy includes special features on fiscal policy and structural reform.
OECD economic surveys