Achieving sustainable improvements in living standards
- Authors:
- OECD
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Pages
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45–60
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DOI
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10.1787/eco_surveys-lux-2010-5-en
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Abstract
Luxembourg has achieved rapid and sustained growth over the past 25 years and living standards are the highest in the OECD. However, following the crisis, it now faces the possibility of weaker performance in the years to come even if living standards will remain high. This underlines the importance of structural policies to help boost growth and sustain high incomes. Apart from measures to improve the functioning of the labour market and raise public sector efficiency, there are a number of policy priorities.