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The 2019 Best Countries rankings are based on how global perceptions define countries in terms of a number of quantifiable characteristics. These perceptions influence decisions related to trade, travel and investment and thus have a direct impact on national economies.

The report covers a total of 80 countries. Switzerland tops the overall ranking, followed by Japan, Canada, Germany, the United Kingdom and Sweden. Luxembourg is ranked 19th, but stands out in several key categories.

Most open for business

For the second consecutive year, Luxembourg is in the first place in the “open for business” subranking, a position the country also held in 2016. This high ranking is due to the country’s favourable tax environment, transparent government practices and low level of corruption. Luxembourg also has a top score for allowing trade across borders and ranks highly for its way of dealing with construction permits.

Best countries to headquarter a corporation

Today, companies are more mobile than ever and will often locate their headquarters where they perceive that conditions are most favourable. This depends on the national trade and tax policies as well as on the global economy and political and business shifts in power.

The ranking is based on a global perception-based survey covering almost 6,000 business decision makers. Luxembourg ranks 3rd best place to headquarter a corporation, after Switzerland and Canada.

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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.
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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.
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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.
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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.
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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.
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