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5th International Conference on Economics and Social Sciences

ICESS 2022: Fostering Recovery Through Metaverse Business Modelling pp 9–34Cite as

Regional Heterogeneity and Individual Characteristics in the Development of a European Tax Policy: Historical Insights from Luxembourg

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Abstract

Luxembourg is currently one of the most politically stable, consensus-oriented, innovative, and prosperous countries in the world, characterised by an advanced social market economy, and a level of material well-being above the EU average. Its strong fiscal position is well illustrated by a long-standing AAA credit rating, a significant accumulation of government financial assets, and a distinct fiscal approach. In this light, this paper aims to investigate the specific features of the tax system in Luxembourg from a multidisciplinary perspective by analysing historical sources and exploring the development of these particularities over time, their impact on the socioeconomic context, and their repercussions for the European integration process, especially in the design and completion of Economic and Monetary Union (EMU). It will look at the development of Luxembourg’s domestic fiscal and social policies, driven by national interests and by membership of European and international organisations (which imposes requirements in terms of harmonisation and taxation) and also by constant contact with the multilateral international environment and involvement in the governance of new transnational networks. This research is based on a broad spectrum of multilingual and multimedia archival sources, relevant data, and clarifications of terminology as needed.

Keywords

  • Luxembourg
  • Tax policy
  • European integration

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  1. University of Luxembourg, Belval Campus, 11 Porte des Sciences, 4366, Esch-sur-Alzette, Luxembourg

    Elena Rodica Danescu

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  1. Elena Rodica Danescu
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  1. Faculty of Business Administration in Foreign Languages, The Bucharest University of Economic Studies, Bucharest, Romania

    Alina Mihaela Dima

  2. Belval Campus, University of Luxembourg, Esch-sur-Alzette, Luxembourg

    Elena Rodica Danescu

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Danescu, E.R. (2023). Regional Heterogeneity and Individual Characteristics in the Development of a European Tax Policy: Historical Insights from Luxembourg. In: Dima, A.M., Danescu, E.R. (eds) Fostering Recovery Through Metaverse Business Modelling. ICESS 2022. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-28255-3_2

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