01576cas a2200241 a 4500 AALejournalIMF004192 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451824377 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Luxembourg : Selected Issues. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (23 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper on Luxembourg reports that exemplary high growth rates and prudent fiscal policies provided the financial basis for the welfare system. Social expenditures in per capita terms, even adjusted for the large number of cross-border workers, rank highest among European Union countries, primarily driven by high replacement rates of public income support, including for unemployment benefits, the minimum guaranteed income, and pensions. Rapid social spending growth has funded substantial increases in unemployment and family benefits. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/165 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/165/002.2006.issue-165-en.xml IMF e-Library