Denmark : Selected Background Issues

Author/Editor:

International Monetary Fund

Publication Date:

June 7, 1995

Summary:

This Selected Background Issues paper analyzes the transformation of Denmark’s current account during 1960–94. The paper highlights that in 1990, Denmark recorded its first current account surplus in almost thirty years. This ended three decades where the Danish economy was seemingly able to ignore the implications of intertemporal budget constraints by borrowing continually to finance successive current account deficits. This paper attempts to address some questions in explaining how this transformation of the external position was achieved.

Series:

Country Report No. 95/41

Subject:

Notes:

This report on selected background issues in Denmark was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

June 7, 1995

ISBN/ISSN:

9781451811018/1934-7685

Stock No:

1DNKEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

59

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