Denmark: 2010 Article IV Consultation-Staff Report; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Denmark

December 16, 2010

Preview Citation

Format: Chicago

Denmark: 2010 Article IV Consultation-Staff Report; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Denmark, (USA: International Monetary Fund, 2010) accessed September 27, 2024

Summary

Denmark’s flexicurity model has performed well during the crisis. The actions and the improvement in economic conditions have restored overall stability to the banking system. Private consumption has been dented by the decline in housing prices and net household wealth. Exports have rebounded, led by a reversal in the services account. Labor market policies should refocus on labor supply pressures. Additional action should be taken to further bolster financial sector stability. Policies need to focus on putting growth on a steady and sustainable path while reducing vulnerabilities.

Subject: Banking, Consumption, Covered bonds, Financial institutions, Fiscal policy, Mortgages, National accounts, Sovereign bonds

Keywords: Bond market, Consolidation strategy, Consumption, Covered bonds, CR, Denmark, Fiscal policy, GDP, GDP growth, Global, Government bond market, Growth challenge, IMF staff projection, ISCR, Labor market, Liquidity proposal, Mortgages, Return on equity, Sovereign bonds

Publication Details

Pages:

68
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/365
Stock No:

1DNKEA2010001
ISBN:

9781455212873
ISSN:

1934-7685

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