Country Report
Luxembourg: staying on top in a changing environment
Luxembourg continued to show robust growth in 2015. New fiscal and financial regulation is heading towards Luxembourg, challenging its financial sector-driven growth model.
Country Report
Luxembourg continued to show robust growth in 2015. New fiscal and financial regulation is heading towards Luxembourg, challenging its financial sector-driven growth model.
Country Report
In case of a Brexit, a prolonged period of heightened uncertainty is likely, hurting the British financial sector and business investments. Other risks stem from the high private debt and the banking sector.
Country Report
The centre-right government has successfully implemented several policy measures to improve Belgian price competitiveness. High public debt, inflation and security issues are the most prominent downward risks for a stable economic recovery.
Country Report
The German economy performs well on the back of a competitive export sector and is rebalancing towards domestic demand, driven by a strong labour market. The recent surge in immigration poses a significant challenge for the German economy.
Country Report
The US benefits from a more stable and bipartisan politics lately while the conclusion of TPP is set to reinforce its geopolitical clout. The economy looks on track with unemployment at pre-crisis levels.
Country Report
Tsai Ing-wen’s and her DPP’s victory will increase tensions with China, though an escalation to crisis levels seems not very likely. Growth took a hit in 2015 and is likely to recover in 2016, but external factors create substantial uncertainties.