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Poll of Forecasters - External links to macroeconomic reports and data.
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External links to: recent economic data; current interest rates and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant sites.
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.
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.
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.
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.
Following the severe contraction of the economy, the main economic challenges in rebalancing the economy include raising competitiveness, restoring the financial system to health, fiscal consolidation and avoiding high long-term unemployment.
Ireland is in severe recession, following several years of high but ultimately unsustainable growth and rising imbalances.
Following the severe contraction of the Irish economy, Gurría indicated that stabilising the financial system, tackling unemployment, and raising competitiveness will be the main economic challenges for Ireland.
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been less rapid than in several other emerging markets.