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Denmark: 2010 Article IV Consultation-Staff Report; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Denmark

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  • International Monetary Fund

Abstract

Denmark’s flexicurity model has performed well during the crisis. The actions and the improvement in economic conditions have restored overall stability to the banking system. Private consumption has been dented by the decline in housing prices and net household wealth. Exports have rebounded, led by a reversal in the services account. Labor market policies should refocus on labor supply pressures. Additional action should be taken to further bolster financial sector stability. Policies need to focus on putting growth on a steady and sustainable path while reducing vulnerabilities.

Suggested Citation

  • International Monetary Fund, 2010. "Denmark: 2010 Article IV Consultation-Staff Report; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Denmark," IMF Staff Country Reports 2010/365, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/365
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    References listed on IDEAS

    as
    1. Tehmina S. Khan, 2006. "Productivity Growth, Technological Convergence, RandD, Trade, and Labor Markets: Evidence From the French Manufacturing Sector," IMF Working Papers 2006/230, International Monetary Fund.
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    3. Editorial Article, 0. "Contents," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 2.
    4. Bart van Ark & Mary O'Mahoney & Marcel P. Timmer, 2008. "The Productivity Gap between Europe and the United States: Trends and Causes," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 25-44, Winter.
    5. Editorial Article, 0. "Contents," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 3.
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