Measured by per capita incomes, Danish living standards have been in the top handful of OECD countries for several decades. Moreover, Denmark has paid great attention to its social goals such as income equality and environmental sustainability. Twenty years of comprehensive reforms have put the economy on a robust footing without any short-term macroeconomic imbalances. Hence, policymakers – and this Survey – have been able to focus mainly on the long-term issues rather than day-to-day cyclical pressures. Denmark’s performance...