Category: _In English_

  • Pro Industrial Luxembourg!

    In the early 2000s, at the time of the digital revolution, some economists began to imagine developed countries without factories, advocating an accelerated transition to a knowledge-based economy. Based on the success of the finance and certain services sectors, some people imagined that Luxembourg would also lean towards these new activities and somewhat neglect the…

  • Building upon the momentum to reach the top

    The implementation of a European Digital Single Market is regarded as one of the top ten[1] political priorities of the European Commission, and for good reason as digital technologies and innovations are nowadays genuine game-changers with the power to reshape societies and economies. The use of ICT (Information and Communication technologies) unlocks a window to…

  • Free trade and sustainable development: An inherent contradiction or a compelling combination?

    As one of the most open economies in the world, the question of free trade is of tremendous importance for Luxembourg. Free trade is not only about a sound economic situation, but also the well-being of citizens, especially the less well-off, and the environment. Is free trade inherently bad for these three pillars of sustainable…

  • A global economic outlook

    It is quite challenging at the current juncture to provide a fully accurate and detailed view of our economic outlook. Even the near future may seem uncertain, because of the interplay of macroeconomic imbalances, “innovative” political events and frequently volatile financial markets.

  • Security is a superstition, precaution is key!

    Last month, we had the great pleasure to host the 4th Global Risks Conference, organised by the Luxembourg Association for Risk Management with the participation of the World Economic Forum. Let me recap on some of the thoughts that crossed my mind during the conference…

  • Advocating free trade and more trade is good. But lending a helping hand is even better!

    As announced in my previous blog, I am going to dwell a bit on the relationship between Luxembourg and the Association of South-East Asian Nations (ASEAN), a best practice and obvious illustration of the way we cultivate, maintain and foster economic and diplomatic relations with economies that are of key interest for our members, Luxembourg’s…