The issue of decoupling is controversial. On the back of Asia's sustained high growth, the hypothesis that the region's business cycles would become increasingly independent of the global trend gained considerable attention. Asia was nonetheless hit hard by the global financial crisis and...

"The Danish Economy in a Global Context provides a general introduction to economic developments, institutions and policies in Denmark. A number of topical policy issues, such as retirement, education and globalisation, are discussed in a non-technical fashion. The text takes a global...

1. The Danish economy in an international perspective; 2. National income accounts concepts and measures; 3. Business Cycles, stabilisation policy, and sustainability of fiscal policy; 4. Financial markets and monetary policy; 5. International economic integration and the external balance; 6. The...