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Poverty and Income Inequality in Luxembourg and the Grande Region in Comparative Perspective
In: Socio-economic review, Band 2, Heft 2, S. 263-283
ISSN: 1475-1461
This paper adopts a comparative framework & examines rates of poverty & income inequality for Luxembourg between the mid-1980s & 2000. A dataset for the Grande Region, which combines data from four countries, is also constructed in order to perform cross- & inter-regional analyses. We find that levels of poverty & income inequality in Luxembourg are among the lowest in the world & that the 'depth' of poverty is comparatively low. In addition, we examine the so-called trade-off between growth & inequality & conclude that the mix of 'pro-growth' & 'pro-poor' policies is appropriate in Luxembourg. When examining the Grande Region, we show that Luxembourg stands apart as one of the richest regions in Europe & that disposable incomes in Luxembourg are some 70% higher than in the neighboring regions. Finally, we conclude with a discussion on Luxembourg's social policy & call for improvements to the data currently available. 2 Tables, 9 Figures, 17 References. Adapted from the source document.