Denmark : Staff Report for the 1999 Article IV Consultation.

This 1999 Article IV Consultation highlights that the Danish economy continued to perform well in 1997-98. Real GDP growth of about 3 percent remained above potential and unemployment fell to 6 percent, less than half its level only five years earlier. Consumer price inflation remained subdued at sl...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Staff Country Reports; Country Report ; No. 1999/088
Online Access:Full text available on IMF
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This 1999 Article IV Consultation highlights that the Danish economy continued to perform well in 1997-98. Real GDP growth of about 3 percent remained above potential and unemployment fell to 6 percent, less than half its level only five years earlier. Consumer price inflation remained subdued at slightly below 2 percent. However, capacity constraints became more evident and the external current account balance showed a deficit-for the first time since 1989-of 1.4 percent of GDP. Also, at 4 1\2 percent, wage inflation remained higher than in the main trading partner countries. 
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