search

The Conference Board Productivity Brief 2019With a GDP per hour worked of $93.6, Luxembourg shows the second highest labour productivity among the world’s most mature economies in 2018. Norway tops the list, with Ireland, Belgium and the United States in places 3, 4 and 5.

These findings come from a study of the annual productivity growth rates for 123 countries produced by The Conference Board, a global business research organisation. According to the study, global productivity growth has remained weak in 2018 and will continue to be slow in 2019. “The widespread weakening in total factor productivity growth over the past decade, which was continued in 2018, is of great concern from a medium-term growth perspective,” said Klaas de Vries, Associate Economist at The Conference Board. “It means that the modest growth in labour productivity that still is being realised is mostly driven by the accumulation of physical capital, rather than efficiency gains or innovations. Given their strong human capital base and well-developed innovation economy system, mature economies including the US, Europe and Japan show some of the best prospects to turn investment into better productivity performance.”

Read more

Luxembourg 7th most resilient economy in the world

28-05-2020

The ability of a country's business environment to withstand disruption and recover strongly is crucial for the individual companies that operate there. Luxembourg ranks as the 7th most resilient economy in the world, in particular due to its strong economy.
Read more

University of Luxembourg develops COVID-19 exit strategy simulator

26-05-2020

Experts at the University of Luxembourg have developed an online tool to simulate the impact of COVID-19 exit strategies. This unique project offers a method for modelling the impact of different measure on the spread of the disease in almost 100 countries around the world.
Read more

COVID-19: The impact on clean technologies

22-05-2020

Will the effects of the COVID-19 pandemic stimulate cleantech innovation and the uptake of environmentally friendly technologies, or will it bring cleantech investment to a standstill? This question was debated at the Cleantech Interactive session organised on 19-20 May 2020 in collaboration with Luxembourg partners.
Read more

15 innovative start-up projects to combat COVID-19

15-05-2020

15 Luxembourg start-ups will receive €150,000 each to develop innovative solutions aimed at combatting the effects of the COVID-19 pandemic crisis.
Read more

Coronavirus bailouts: Luxembourg among the most generous

12-05-2020

Many countries have launched rescue packages to help alleviate the economic consequences of the coronavirus-related lockdown. A recent article by the BBC lists Luxembourg's economic stabilisation programme as one of the most important in the world.
Read more

All news

Fermer