Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484304594
Total Pages : 63 pages
Book Rating : 4.4/5 (843 download)
Book Synopsis Denmark by : International Monetary Fund. European Dept.
Download or read book Denmark written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2017-06-20 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights the recovery of the Danish economy, which is approaching potential, despite growth in recent years that has been markedly slower than before the crisis. Unemployment is low and close to its estimated structural level, and capacity constraints are gradually starting to bind in some sectors. The coincidence of low output growth and increasingly binding constraints highlights Denmark’s reduced growth potential, reflecting structurally weak productivity growth and low domestic investment levels. The outlook is for continued moderate growth, projected at 1.5 percent in 2017 and 1.7 percent in 2018. Activity is expected to be driven by strong and increasingly balanced private demand.