Denmark: Staff Report for the 2004 Article IV Consultation
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Summary:
The staff report for the 2004 Article IV Consultation on Denmark focuses on economic developments and policies. Labor market reforms led to a sustained increase in structural employment, while careful fiscal policy in the context of a clear medium-term sustainability strategy delivered budget surpluses and a steady decline in government debt as a share of GDP. Fiscal policy in Denmark is based on a medium-term strategy to accommodate the pressures from an aging population while maintaining the welfare state without increasing taxes.
Series:
Country Report No. 2004/240
Subject:
Employment Expenditure Labor Labor markets Labor supply Labor taxes Taxes
English
Publication Date:
August 6, 2004
ISBN/ISSN:
9781451811056/1934-7685
Stock No:
1DNKEA0012004
Pages:
56
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