Denmark: Staff Report for the 2004 Article IV Consultation

August 6, 2004

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Denmark: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

The staff report for the 2004 Article IV Consultation on Denmark focuses on economic developments and policies. Labor market reforms led to a sustained increase in structural employment, while careful fiscal policy in the context of a clear medium-term sustainability strategy delivered budget surpluses and a steady decline in government debt as a share of GDP. Fiscal policy in Denmark is based on a medium-term strategy to accommodate the pressures from an aging population while maintaining the welfare state without increasing taxes.

Subject: Employment, Expenditure, Labor, Labor markets, Labor supply, Labor taxes, Taxes

Keywords: CR, Employment, Employment outcome, Expenditure growth, Global, Growth, ISCR, Labor markets, Labor supply, Labor taxes, Lisbon employment objective, Product market reform, Reform, Staff appraisal, Wage distribution

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/240
Stock No:

1DNKEA0012004
ISBN:

9781451811056
ISSN:

1934-7685

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