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Denmark : selected issues : the Danish fiscal framework : looking back and ahead

Author: Leif Lybecker Eskesen; International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, 2002.
Series: IMF country report, no. 02/102.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This Selected Issues paper examines Denmark's fiscal framework. It evaluates its sufficiency with respect to accommodating medium-to-long-term demographic spending increases and future challenges facing the tax system. It reviews the framework's transparency, consistency and enforceability, taking into account local government responsibilities. The paper concludes that Denmark has already made commendable progress  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Eskesen, Leif Lybecker.
Denmark, selected issues.
Washington, D.C. : International Monetary Fund, 2002
(OCoLC)50061246
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Leif Lybecker Eskesen; International Monetary Fund.
ISBN: 1280981075 9781280981074
OCLC Number: 694361796
Description: 1 online resource (26 pages) : illustrations.
Series Title: IMF country report, no. 02/102.
Other Titles: Denmark, selected issues
Responsibility: [prepared by Leif Lybecker Eskesen].

Abstract:

This Selected Issues paper examines Denmark's fiscal framework. It evaluates its sufficiency with respect to accommodating medium-to-long-term demographic spending increases and future challenges facing the tax system. It reviews the framework's transparency, consistency and enforceability, taking into account local government responsibilities. The paper concludes that Denmark has already made commendable progress with public finance consolidation, changing relatively large budget deficits to solid surpluses and almost halving the debt-to-GDP ratio since 1993. The fiscal framework is transparent and appears to enjoy wide public acceptance.

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