European Parliament Library

Denmark :, 2012 Article IV Consultation

Abstract
The global financial crisis hit Denmark hard, and the recovery has been slow and unsteady. Denmark’s slow growth predates the recent economic crisis, and the economy has underperformed its regional peers. The current account remains in surplus, largely reflecting weak domestic demand since the crisis and strong net income. Monetary policy is based on maintaining a tight peg to the euro. Denmark’s financial system has rebuilt capital but still has substantial vulnerabilities. Potential growth is expected to recover gradually
Table Of Contents
Cover; CONTENTS; INTRODUCTION; RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK; A. The Economic and Financial Context; B. Outlook and Risks; POLICY DISCUSSIONS; A. Fiscal Policy; B. Monetary and Exchange Rate Policy; C. Financial Sector Policy; D. Productivity and Competitiveness; STAFF APPRAISAL; BOXES; 1. Recent Fiscal Measures; 2. Municipal Government Spending Overruns: Policy Measures; 3. How Vulnerable is Denmark's Housing Market?; 4. Financial Sector Policy Initiatives; 5. Implementation of Past Fund Advice; FIGURES; 1. Denmark's Slowing Economy; 2. Household Balance Sheets and Consumption
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (57 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781475520941

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