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  • Publication Date: 02-2005
  • Content Type: Policy Brief
  • Institution: The Organisation for Economic Co-operation and Development
  • Abstract: Denmark has been near the top of the OECD's income rankings for many years. It has the most equal income distribution among member countries, partly because of its comprehensive welfare state. Given an ageing population, the key economic challenge is to maintain growth in living standards while preserving the welfare system. To achieve this, Denmark will need to raise labour supply and productivity growth. If they do not improve from here, the growth rate of per capita GDP will be dragged down to just ½ per cent per annum within a couple of decades.
  • Topic: Development, Economics, International Trade and Finance
  • Political Geography: Europe, Denmark
  • Publication Date: 02-2005
  • Content Type: Policy Brief
  • Institution: The Organisation for Economic Co-operation and Development
  • Abstract: Danmark har i mange år ligget nær toppen på OECD's rangliste over BNP pr. indbygger. Danmark har den mest lige indkomstfordeling blandt medlemslandene, delvist so m følge af dets vidtfavnende velfærdsstat. I lyset af befolkningsaldringen er den primære økonomiske udfordring at fastholde væksten i levestandarden og samtidig bevare velfærdssystemet. For at opnå dette er det nødvendigt at øge arbejdsudbuddet og væksten i produktiviteten. Uden forbedringer på disse to områder vil væksten i BNP pr. indbygger fa lde til blot ½ procent om året i løbet af et par årtier.
  • Topic: Development, Economics, International Trade and Finance
  • Political Geography: Europe, Denmark
  • Author: Peter B. Kenen, Ellen E. Meade
  • Publication Date: 10-2003
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: In May 2004, ten countries are due to join the European Union. They are therefore obliged to join the European Monetary Union (EMU) and adopt the euro as their national currency. Most of them, moreover, have been eager to do that. None of them sought an opt-out of the sort that Britain and Denmark obtained in 1991, when the Maastricht Treaty was drafted. Membership in EMU is not automatic, however, because the accession countries must first satisfy the preconditions contained in the Maastricht Treaty. Although those preconditions are rigorous, and some of the accession countries are still far from meeting them, most of those countries have indicated that they want to enter EMU at the earliest possible date.
  • Topic: Economics, International Trade and Finance
  • Political Geography: Britain, Europe, Denmark