Author: Martin FetherstonPublisher:
ISBN:
Category :
Languages : en
Pages : 53
Book Description
Denmark: 2004 Article IV Consultation
Author: Martin FetherstonDenmark
Author: Denmark: 2004 Article IV Consultation--Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Denmark
Author: International Monetary FundPublisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451811056
Category :
Languages : en
Pages : 53
Book Description
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.
Denmark, Staff Report for the ... Article IV Consultation
Author: Denmark
Author: Denmark
Author: Denmark
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1451811233
Category : Business & Economics
Languages : en
Pages : 43
Book Description
The key findings of Denmark’s 2008 Article IV Consultation are examined. The global liquidity crisis put the financial sector under severe stress, but most banks have weathered the crisis well owing to strong initial positions and supportive policies. The crisis accelerated a downturn that had begun in 2007 and tilted the balance of macroeconomic risk toward recession. The macroeconomic policy mix is appropriate, including higher interest rates to support the exchange rate peg and an expansionary budget to add a countercyclical thrust to the strong stabilizing effect of Denmark’s automatic stabilizers.
Denmark
Author: Fondo Monetario InternacionalPublisher:
ISBN:
Category :
Languages : en
Pages : 31
Book Description
Publications Catalog
Author: International Monetary FundPublisher:
ISBN:
Category : International finance
Languages : en
Pages : 128
Book Description
Switzerland
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 145180721X
Category : Business & Economics
Languages : en
Pages : 48
Book Description
This 2004 Article IV Consultation highlights that there are signs that the economy of Switzerland has started to grow again on the back of stronger exports and domestic investment and supported by accommodative monetary and fiscal policies. Unemployment has risen, but at 4 percent is low by international standards. Inflation remains negligible and the current account is running a large surplus. Executive Directors have commended the authorities’ sound macroeconomic policies that have placed the Swiss economy in a good position to benefit from the nascent global recovery.