Der Tübinger Hochschullehrer legt sein Kompendium zum Vergleich der westeuropäischen Wohlfahrtsstaaten jetzt im Umfang deutlich erweitert in 3. Auflage mit Stand Herbst 2009 vor (zuletzt ID 24/96). Basis der Erstauflage von 1996 war ein von der Hans-Böckler-Stiftung initiiertes...

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund (the 'Fund'), and with a view to supporting the Fund's ability to provide timely and effective balance of payments assistance to its members, Danmarks Nationalbank...

In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund Activities (the 'SFA Instrument'). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of...

Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well as some exposure to Russia. Using the IMF’s Global Integrated Monetary and Fiscal model (GIMF), we examine spillovers the region could face, focusing on possible scenarios...

The Financial System Stability Assessment of Denmark has been developed to identify the weakness in the financial sector structure and thereby enhance the resilience to macroeconomic shocks and cross-border contagion. This paper provides the overall stability assessment of the financial system...

The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment performance and the flexicurity model. It also presents...

Denmark showed strong performance owing to its stability-oriented policies, high growth rates, and low unemployment. Executive Directors noted that the Danish flexicurity model has worked well, and stressed the need for prudent fiscal policies. Executive Directors welcomed the outcome of the...

KEY ISSUES Context: The economy is recovering slowly, driven mostly by private consumption and non-oil-and gas exports. Employment is increasing and unemployment has been trending downward slightly over the past year. Macroeconomic policy: The exchange rate peg to the euro has served Denmark...

This Selected Issues paper examines the household debt situation in Denmark and factors that have contributed to the high level of household debt in the country. Various factors seem to account for the size of household debt, including large pension assets, a highly developed mortgage market,...