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2005 OECD Economic Surveys: Denmark 2005

image of OECD Economic Surveys: Denmark 2005

The 2005 OECD Economic Survey of Denmark, which has the most equal income distribution among OECD countries and has among the highest incomes, focuses on sustaining growth and preserving the welfare system in the face of a rapidly ageing population. In particular, it examines governmental reforms to foster fiscal sustainability and labour reforms to boost the labor supply. It also examines how improving competition could boost growth and how improving the educational system could raise productivity.

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Raising Productivity Growth

This chapter looks at ways to increase productivity growth and build a more innovative, knowledge-based economy. It focuses on improving the Danish school system, which is expensive but delivers results that are just average. It also discusses policies to make universities more flexible and labour-market oriented, how to encourage greater commercialisation of R&D and how to get better value for...

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