Denmark : Staff Report for the 2002 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

May 21, 2002

Electronic Access:

Free Full text (PDF file size is 1246 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2002 Article IV Consultation highlights that economic growth in Denmark slowed significantly during 2001 as domestic demand weakened and exports were hit by the global economic slowdown. Unemployment remained low and wage growth was somewhat faster than in euro area partner countries. However, price inflation was subdued. Monetary conditions were eased during 2001 as Danish interest rates generally followed those of the European Central Bank downward. The 2002 budget implies a broadly neutral fiscal stance with the surplus projected to remain within the medium-term target of 1.5–2.5 percent of GDP.

Series:

Country Report No. 02/101

Subject:

English

Publication Date:

May 21, 2002

ISBN/ISSN:

9781451811049/1934-7685

Stock No:

1DNKEA0012002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

41

Please address any questions about this title to publications@imf.org