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Policy Brief: Economic Survey of Denmark 2009

The Danish economy has been suffering during the global crisis but beyondthe projected cyclical recovery it will need to restore sustained robust growth.While the level of national income is high, the gap vis-à-vis the leading OECDcountries has widened somewhat over the past decade. GDP gains have beendriven primarily by rising labour utilisation, related to the evolution of the“flexicurity” model, with increases in both the share of

Economic Survey of Denmark 2009

The Danish economy has been hard hit during the global crisis. Substantial measures have been taken to combat its effects. Going forward, the main challenges include restoring fiscal sustainability, raising productivity growth and improving education outcomes.

Economic Survey of Denmark 2009: Human capital: key to higher productivity

Human capital has traditionally been a strong point for the Danish economy, boosting income levels and the economy’s capacity to adjust, but there is room for improvement. Key education policy issues that need attention comprise learning outcomes and completion rates.

Economic Survey of Denmark 2009: Denmark: the crisis and beyond

The Danish economy is going through a deep and protracted recession but the authorities have taken substantial measures to combat it. Further policies are required to minimise adverse long-term consequences on growth.

Economic Survey of Denmark 2009: Why has productivity growth declined?

Labour productivity decelerated due to a slowdown in capital deepening related to the trend increase in employment. Policies in the areas of research and development, innovation, entrepreneurship, product market regulation and taxation could raise productivity growth.