Denmark: Staff Report for the 2006 Article IV Consultation

October 5, 2006

Preview Citation

Format: Chicago

Denmark: Staff Report for the 2006 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

Denmark showed strong performance owing to its stability-oriented policies, high growth rates, and low unemployment. Executive Directors noted that the Danish flexicurity model has worked well, and stressed the need for prudent fiscal policies. Executive Directors welcomed the outcome of the Financial Sector Assessment Program (FSAP), which found the Danish financial system to be healthy and well supervised. They underscored the importance of strengthening the budget, its stress-testing capacity and cross-border supervision, welcomed the fixed-exchange rate policy, and agreed that with the Welfare Agreement, the Danish economy can face future challenges.

Subject: Expenditure, Housing prices, Income, Labor, Labor markets, Labor supply, National accounts, Prices

Keywords: CR, Debt, Europe, Fiscal policy, Freeze, Fund's staff team, Global, House price development, Housing prices, Income, ISCR, Labor markets, Labor supply, Mortgage market, Public expenditure growth, Public finance, Rate, Shrinking work force, Staff's analysis, Staff's support, Tax freeze, Western Europe

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/341
Stock No:

1DNKEA2006001
ISBN:

9781451811100
ISSN:

1934-7685

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