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English, , 7kb
External links to: recent economic data; current interest and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant sites.
English, , 15kb
Poll of Forecasters - External links to macroeconomic reports and data.
English, , 24kb
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.
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 Irish economy, Gurría indicated that stabilising the financial system, tackling unemployment, and raising competitiveness will be the main economic challenges for Ireland.
The fiscal consolidation challenge for Ireland is severe, the underlying budget balance having moved abruptly from surplus to a large deficit.
Living standards in Ireland will remain high, despite the severe contraction, but stronger structural policies would encourage sustainable long run growth.
The Irish labour market is undergoing a severe adjustment following the sharp fall in output, which has been concentrated on labour intensive sectors.