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

International Monetary Fund

No 2010/365, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; GDP; liquidity proposal; Denmark; fiscal policy; bond market; IMF staff projection; government bond market; growth challenge; labor market; return on equity; consolidation strategy; GDP growth; Consumption; Mortgages; Covered bonds; Sovereign bonds; Global (search for similar items in EconPapers)
Pages: 68
Date: 2010-12-16
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