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, December 16, 2010
Source details
- Canonical URL
- 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
Other formats
Bibliographic details
- Published: December 16, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455212873.002
Executive summary and key findings
- Denmark’s flexicurity model has performed well during the crisis.
- 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.
Policy recommendations and priorities
- Refocus labor market policies to address labor supply pressures.
- Implement additional measures to further bolster financial sector stability.
- Pursue policies that put growth on a steady and sustainable path while reducing vulnerabilities.
Thematic areas covered
- Banking
- Consumption
- Covered bonds
- Financial institutions
- Fiscal policy
- Mortgages
- National accounts
- Sovereign bonds
Keywords and analytic focus
- bond market
- consolidation strategy
- Consumption
- Covered bonds
- CR
- Denmark
- fiscal policy
- GDP
- GDP growth
- Global
- government bond market
- growth challenge
- IMF staff projection
- ISCR
- labor market
- liquidity proposal
- Mortgages
- return on equity
- Sovereign bonds