Denmark | GPN

Denmark
Since the return of a Social Democratic government in 1993, the Danish economy has been growing. But with the population growing at a faster rate, per capita gross domestic product has been negative. The economies overall sustained growth has been fueled primarily by domestic demand. The unemployment rate in Denmark has decreased continuously since 1994, from 12.3% to a current level of around 5.5%. However, immigrants, especially those from outside Europe and North America, experience much higher rates of unemployment. Targeted government programs have significantly reduced unemployment among youth. Since inflation has been kept under 2% since 1994, wages have been able to rise at a faster rate throughout the 1990s. High unionisation rates persist despite labour market deregulation. Income distribution is relatively unequal, but a progressive tax policy helps reduce the differences to a certain extent.

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Source:
Department of Social Studies and Organisation, Aalborg University
Kroghstræde 7, DK - 9220 Aalborg Øst, Denmark
Tel: +45 9635 8080
Fax: +45 9815 7575
LEO@socsci.auc.dk
http://socsci.auc.dk/

Data posted: March 2, 2001.

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