Denmark : 2006 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Denmark
ISBN: 9781452762982
Platform/Publisher: Ebook Central / International Monetary Fund
Digital rights: Users: Unlimited; Printing: Limited; Download: 7 Days at a Time
Subjects: Economics; Business/ Management;

Denmark showed strong performance owing to its stability-oriented policies, high growth rates, and low unemployment. Executive Directors noted that the Danish flexicurity model has worked well, and stressed the need for prudent fiscal policies. Executive Directors welcomed the outcome of the Financial Sector Assessment Program (FSAP), which found the Danish financial system to be healthy and well supervised. They underscored the importance of strengthening the budget, its stress-testing capacity and cross-border supervision, welcomed the fixed-exchange rate policy, and agreed that with the Welfare Agreement, the Danish economy can face future challenges.


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