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OECD Economic Surveys: Denmark 2009

image of OECD Economic Surveys: Denmark 2009

OECD's periodic review of Denmark's economy.  This issue includes chapters covering the recent developments and policies to overcome the crisis, the decline in productivity growth, and human capital.

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Executive summary

The Danish economy has been suffering during the global crisis but beyond the projected cyclical recovery it will need to restore sustained robust growth. While the level of national income is high, the gap vis-à-vis the leading OECD countries has widened somewhat over the past decade. GDP gains have been driven primarily by rising labour utilisation, related to the evolution of the “flexicurity” model, with increases in both the share of the population in work and average hours worked. At the same time, however, productivity has been slowing down.

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