Luxembourg

the 'Napoléonsgaard' at 554 metres near Rambrouch. The region is sparsely populated, with only one town (Wiltz) with a population of more than four thousand people.

The southern two-thirds of the country is called the "Gutland", and is more densely populated than the Oesling. It is also more diverse, and can be divided into five geographic sub-regions. The Luxembourg plateau, in south-central Luxembourg, is a large, flat, sandstone formation, and the site of the city of Luxembourg. Little Switzerland, in the east of Luxembourg, has craggy terrain and thick forests. The Moselle valley is the lowest-lying region, running along the southeastern border. The Red Lands, in the far south and southwest, are Luxembourg's industrial heartland and home to many of Luxembourg's largest towns.

The border between Luxembourg and Germany is formed by three rivers: the Moselle, theSauer, and the Our. Other major rivers are the Alzette, the Attert, the Clerve, and the Wiltz. The valleys of the mid-Sauer and Attert form the border between the Gutland and the Oesling.

According to the 2012 Environmental Performance Index, Luxembourg is one of the world's best performers in environmental protection, ranking 4th out of 132 assessed countries

Luxembourg's stable and high-income market economy features moderate growth, low inflation, and a high level of innovation. Unemployment is traditionally low, although it had risen to 6. 1% as of May 2012, due largely to the effect of the 2008 global financial crisis. Consequently, Luxembourg's economy is forecast to have negligible growth in 2012. As of 2011, according to the IMF, Luxembourg was the second richest country in the world, with a per capita GDP on a purchasing-power parity (PPP) basis of $80,119.   Luxembourg is ranked 13th in the Heritage Foundation's Index of Economic Freedom, 24th in the United Nations Human Development Index, and 4th in the Economist Intelligence Unit's quality of life index.

The industrial sector, which was dominated by steel until the 1960s, has since diversified to include chemicals, rubber, and other products. During the past decades, growth in the financial sector has more than compensated for the decline in steel production. Services, especially banking and finance, account for the majority of economic output. Luxembourg is the world's second largest investment fund centre (after the United States), the most important private banking centre in the eurozone and Europe's leading centre for reinsurance companies. Moreover, the Luxembourg government has aimed to attract internet start-ups, with Skype and Amazon being two of the many internet companies that have shifted their regional headquarters to Luxembourg.

In April 2009, concern about Luxembourg's banking secrecy laws, as well as its reputation as a tax haven, led to its being added to a "grey list" of nations with questionable banking arrangements by the G20. In response, the country soon after adopted OECD standards on exchange of information and was subsequently added into the category of 'jurisdictions that have substantially implemented the internationally agreed

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