At the very heart of the Greater Region, Luxembourg is an important hub of international finance that could well be considered a financial “cluster.” The activity of the financial sector, indeed, contributes directly and indirectly to the economic growth of Luxembourg itself and its neighboring territories. Building on Porter’s approach, this article bears witness to the link between cross-border commuting and the attraction of key competencies, from the perspective of the competitive advantage of Luxembourg’s financial sector. Such a conclusion is backed up by a detailed descriptive analysis of both the cross-border workers themselves and the particularities of the job-market and of the economy in Luxembourg. Testifying to what we might call “procyclic” relationships, these interrelations appear to be impacted by both structural reforms in the catalyst country and by fluctuations in the economy.
