October 25th, 2012
03:40 AM GMT
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Editor's note: The Outlook series spotlights a country to give a deeper understanding of the business, industry and consumer trends that fuel its economy. While exploring the current challenges and opportunities facing a country's economic progress, Outlook also seeks to provide an insight into its future development.

(CNN) Every day Monaco’s population more than doubles with around 50,000 workers arriving in the Principality every morning. With more than 3,000 staff the country’s biggest employer is the Societe des Bains de Mer (SBM) which runs the majority of Monaco’s tourist activities. The state remains it's biggest shareholder, but in the last few years it has been badly affected by the credit crunch.

CNN’s Outlook series often carries sponsorship originating from the countries we feature. However CNN retains full editorial control over all of its reporting. Read more about CNN's sponsorship policies

Filed under: Outlook Monaco

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