Denmark

Abstract

Cover -- CONTENTS -- RECENT DEVELOPMENTS -- OUTLOOK AND RISKS -- POLICIES FOR SUSTAINED GROWTH -- A. Macroeconomic Policies -- B. Financial Sector and Macro-Financial Policies -- C. Structural Policies -- STAFF APPRAISAL -- Annex V. Authorities' Response to Past IMF Policy Recommendations -- BOX -- 1. Tax Reform Options -- FIGURES -- 1. Recent Developments -- 2. Labor Market Developments -- 3. Recent Development in the Financial Sector -- 4. Recent Development in the Housing Sector -- TABLES -- 1. Selected Economic and Social Indicators, 2015-23 -- 2. Balance of Payments, 2015-23 -- 3. International Investment Position, 2010-17 -- 4. GFSM 2001 Statement of General Government Operations, 2015-23 (Billons of DKK) -- 5. GFSM 2001 Statement of General Government Operations, 2015-23 (Percent of GDP) -- 6. Public Sector Balance Sheet, 2010-15 -- 7. Financial System Indicators, 2010-17 -- ANNEXES -- I. External Balance Assessment -- II. A Simple Model for Danish Wage Formation -- III. Public Debt Sustainability Analysis -- IV. Risk Assessment Matrix -- V. Authorities' Response to Past IMF Policy Recommendations -- CONTENTS -- FUND RELATIONS -- STATISTICAL ISSUES.