The Luxembourg Minister for Higher Education and Research, Marc Hansen, today presented the new rector of the University of Luxembourg, Stéphane Pallage, who took office on 1 January 2018 and for a five-year term.
Stéphane Pallage (49), Professor of Economics, grew up in Malmédy, Belgium, and has Belgian and Canadian nationalities. As a professor at the Université du Québec à Montréal, he worked mainly on applied macroeconomics, economic development, dynamic models of general equilibrium, international aid and the fight against child labor. From 2013 to 2017, he was Dean of the School of Management Sciences at the Université du Québec. In addition to his academic and leadership experience, Professor Pallage speaks fluent French, English and understands German.
Following the presentation of the rector, Marc Hansen on the one hand and the chairman of the governance council, Yves Elsen and the rector Stéphane Pallage on the other hand signed the new establishment contract between the State and the University of Luxembourg. For the period 2018-2021, an allocation of €766.84 million will be attributed to the University. The State allocation thus grew by €178.24 million, or 30% over the 2014-2017 period. An additional €26.4 million will be provided for the development of medical studies at the university.
In total, the state will invest €1.44 billion in research and higher education for the period from 2018 to 2021.