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ETH Zurich has published the 2014 edition of the Index on globalisation entitled "KOF Index of globalization". This index measures the economic, social and political dimensions of globalisation based on a set of twenty-three variables. The economic dimension measures the flow of goods, services and capital, as well as information and perceptions that are related to commercial exchanges. It also measures the barriers to capital flows and trade. The social dimension measures the diffusion of ideas and information, images and people, etc. The political dimension reflects the diffusion of government policies, such as the number of embassies in the country, the importance of membership in international organisations etc. Based on these three categories, the KOF index measures globalisation on a scale of 1 (least globalised) to 100 (most globalised). The basic data used in this new edition date from 2011. The overall ranking is topped by Ireland (92.17), Belgium (91.61) and The Netherlands (91.33). Luxembourg is ranked 15th with a score of 84.57 out of 100. France occupies 21st position (82.76) and Germany 26th position (79.47). Luxembourg's performance is particularly high in the economic dimension of globalisation for which the country has a score of 92.53 out of 100 (3rd position). The Netherlands occupies 5th position (91.17) and Belgium 6th position (89.43). France ranks 52nd (67.88) and Germany 58th (65.73). For social globalisation, Luxembourg has a score of 80.37 (24th position). The Netherlands occupies 5th position (90.32), Belgium 7th (90.17), France is ranked 10th (86.70) and Germany 15th (83.71). For political globalisation, Luxembourg has a score of 79.60 and ranks 61st. France ranks first (97.76) in this dimension, Belgium 3rd (96.75), the Netherlands 15th (93.01) and Germany is 19th (92.44). Since the early 1970s, Luxembourg as a country has become more and more globalised. The index of general globalisation has increased from a level of 71.56 in 1970 to 84.57 in 2011. Economic globalisation has remained constant at a very high level during these years; social globalisation has increased significantly in moving from an index of 57.39 to 80.37 in 2011. Finally, political globalisation has also increased significantly in moving from one level of 61.91 to 79.60.     For further information, please click here.
In April 2014, Bertelsmann Stiftung published the third edition of its study analysing sustainable public governance, called "Sustainable governance indicators in 2014". This new edition includes in its analysis 34 OECD countries and 28 EU Member States and, as a primary objective, identifies the main structural and procedural challenges to the implementation of sustainable long-term policy. Challenges such as globalisation, social inequality, scarcity of resources and demographic change are now common problems in almost all developed economies and national responses to these challenges therefore deserve to be closely monitored. The 2014 SGI study is based on three composite indices to track the performance of a country and to compare them with those of other countries included in the study. Each of these three composite indices is constructed from a variety of qualitative and quantitative indicators, and can have a value between 1 (worst performance) and 10 (best performance). The composite index measuring the performance of policy has the objective of measuring the sustainable development of a country's economic, social and environmental development. According to the authors of the study, sustainable long-term development can only be achieved if the actions of one country are compatible with each other and respect the balance between the three pillars. In this first composite index, Luxembourg occupies eighth position in the overall ranking (with a score of 6.88 /10). Germany is ranked sixth (7.26), the Netherlands 10th (6.75), France 14th (6.22) and Belgium 15th (6.18).                    Source: Bertelsmann-Stiftung (mars 2014) The second composite index measures the degree of quality of democracy in a country through various critical factors to ensure the proper functioning of the political system and its long-term stability. Luxembourg occupies 15th position in the overall ranking (with a score of 7.77). Germany is ranked sixth (8.64), the Netherlands 16th (7.70), Belgium 23rd (7.37) and France 28th (6.93).                 Source: Bertelsmann-Stiftung (mars 2014) The third composite index is related to political governance and measures the ability of policy to guide public action. Analyses for this purpose include the ability to effectively lead the public administration and the degree of interaction between the policy-makers and other institutions in decision-making (e.g. supervisory and monitoring activities). Luxembourg occupies 7th position in the overall ranking (with a score of 7.38). Germany is ranked 8th (7.17), the Netherlands 16th (6.46), 20th Belgium (6.34) and France 27th (6.02).               Source: Bertelsmann-Stiftung (mars 2014) The figure below summarises the performance of Luxembourg in the three composite indices of the 2014 SGI report, as well as in the different sub-categories within them.                                                                     Source: Bertelsmann-Stiftung (mars 2014) Finally, based on the calculated performance for Luxembourg from indices in the 2014 SGI report, the Bertelsmann foundation has noted the following recommendations regarding Luxembourg. The country should: ensure the international competitiveness of its economy, both internally (high levels of wages in an international comparison, automatic wage indexation mechanism , failure of tripartite discussions , etc.) and external ( VAT regime change for electronic commerce, automatic exchange of information in the financial sector, etc.); reduce the segmentation of the labour market because foreigners are currently mainly in the private sector (80% of employment is held by foreigners) while nationals work primarily in the public sector (90% employment held by Luxembourgers); greater integration of non-nationals in the democratic process to increase national identification with foreign Luxembourg ; revise the generous social security system; reform national education to provide residents with skills as requested by the highly competitive labour market.   To access the full report, please click here. 

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Luxembourg, Your European eBusiness Platform
Luxembourg, Your European eBusiness Platform
Luxembourg, Your European eBusiness Platform
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Conquer the world from your Luxembourg headquarters
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Luxembourg, your prime business location - publication cover
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Luxembourg, your prime business location
Luxembourg, your prime business location - publication cover
Luxembourg, your prime business location
Luxembourg, your prime business location - publication cover
Luxembourg, your prime business location
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