Luxembourg ranks second in the WEF’s Inclusive Growth and Development Report 2017
The World Economic Forum (WEF), in its regular report on Inclusive Growth and Development, introduces a new global index, the Inclusive Development Index (IDI), which shines a light on the many factors that can drive a more inclusive growth process, such as education, infrastructure, ethics, investment, entrepreneurship and social protection. The IDI ranks the world’s advanced and developing economies based on their performance against key performance indicators ranging from poverty, inequality to public debt and environmental factors. Luxembourg stands at position 2, behind Norway and in front of Switzerland. Luxembourg’s position, according to the WEF, is driven by robust growth and employment, high median living standards, strong environmental stewardship and low public debt.