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Denmark.

Author: International Monetary Fund European Dept
Publisher: Washington, D.C. : International Monetary Fund, 2017.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This 2017 Article IV Consultation highlights the recovery of the Danish economy, which is approaching potential, despite growth in recent years that has been markedly slower than before the crisis. Unemployment is low and close to its estimated structural level, and capacity constraints are gradually starting to bind in some sectors. The coincidence of low output growth and increasingly binding constraints  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Dept., International Monetary Fund. European.
Denmark.
Washington, D.C. : International Monetary Fund, ©2017
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund European Dept
ISBN: 9781484304723 1484304721
OCLC Number: 993053121
Description: 1 online resource (64 pages)
Contents: Cover; CONTENTS; CONTEXT; LOW GROWTH MEETS CAPACITY CONSTRAINTS; A MOSTLY BENIGN OUTLOOK, WITH EVOLVING RISKS; POLICIES FOR SUSTAINED GROWTH; A. Macroeconomic Policies-Towards a Neutral Stance; B. Housing Policies-Containing Building Pressures; C. Financial Sector Policies-Underpinning Stability; D. Labor Market Policies-Unlocking Additional Labor Supply; E. Structural Reform-Boosting Investment and Productivity Growth; STAFF APPRAISAL; BOX; 1. Labor Productivity in Denmark and Some European Peers; FIGURES; 1. Recent Developments; 2. Labor Market; 3. Housing and Household Debt. 4. External Sector5. Fiscal Sector; TABLES; 1. Selected Economic and Social Indicators, 2013-22; 2. Balance of Payments, 2013-22; 3. Net International Investment Position, 2010-15; 4. Public Finances, 2013-22; 5. GFSM 2001 Statement of General Government Operations, 2013-22; 6. Financial System Indicators, 2010-16; ANNEXES; I. External Sector Assessment; II. Public Debt Sustainability Analysis; III. Risk Assessment Matrix; IV. Authorities' Response to Past IMF Policy Recommendations; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES.

Abstract:

This 2017 Article IV Consultation highlights the recovery of the Danish economy, which is approaching potential, despite growth in recent years that has been markedly slower than before the crisis. Unemployment is low and close to its estimated structural level, and capacity constraints are gradually starting to bind in some sectors. The coincidence of low output growth and increasingly binding constraints highlights Denmark's reduced growth potential, reflecting structurally weak productivity growth and low domestic investment levels. The outlook is for continued moderate growth, projected at 1.5 percent in 2017 and 1.7 percent in 2018. Activity is expected to be driven by strong and increasingly balanced private demand.

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