The Danish Economy An International Perspective (Third Edition),9788757422627

The Danish Economy An International Perspective (Third Edition)

by ; ; ;
Edition: 3rd
ISBN13: 9788757422627
ISBN10: 8757422621
Format: Paperback
Pub. Date: 2010-08-15
Publisher(s): Djoef Publishing
Availability: This title is currently not available.
List Price: $66.13

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Summary

This book is an updated comprehensive description of the Danish economy. International aspects are increasingly important for economic developments and, therefore, also for economic policy formation. The book provides an introduction to the structure and institutions of the Danish economy from an international perspective. Now in its third edition, The Danish Economy has a broad and non-technical approach, making it useful for teaching, as well as for professionals who need insight into the Danish economy.

Table of Contents

Growth and Business Cycles in the Danish Economy
Growth and standards of livingp. 1
Sources of growthp. 3
The Danish welfare modelp. 7
International relationsp. 10
The Danish business cyclep. 13
Danish economic policyp. 21
Industry Structure
Introductionp. 27
Basic factors behind structural changep. 28
The structural composition of Danish productionp. 30
Primary industriesp. 33
Extraction of oil and gasp. 34
Agriculturep. 35
The secondary industriesp. 38
Utilitiesp. 38
Constructionp. 39
Manufacturingp. 41
The private service sectorp. 43
The private service sectorp. 45
Firm size and market structurep. 47
Prospects for services industriesp. 50
The Danish services sector in an international perspectivep. 51
The public sectorp. 52
Perspectivesp. 55
International Trade
Introductionp. 59
International tradep. 61
European integrationp. 67
The Danish trade patternp. 71
Terms of trade and international competitivenessp. 75
The balance of paymentsp. 79
Financial Markets and Monetary Policy
Globalization of capital marketsp. 86
European cooperation in exchange rate and monetary policyp. 90
Historical backgroundp. 90
The Economic and Monetary Unionp. 91
ECB and monetary policyp. 92
Danish exchange rate and monetary policyp. 93
Exchange rate policyp. 94
Monetary policyp. 96
Financial markets and institutionsp. 100
Financial institutionsp. 102
Banksp. 103
Mortgage credit institutionsp. 105
Insurance companies and pension fundsp. 107
Other financial institutionsp. 109
Financial marketsp. 109
The stock marketp. 110
Bondsp. 111
The Danish Labour Market
Labour supplyp. 117
Labour force participationp. 118
Entry and exit from the labour marketp. 120
Working hoursp. 121
Qualificationsp. 122
Industrial relationsp. 124
Employee organizationsp. 125
Employers Organizationsp. 126
Collective Bargainingp. 126
Industrial Conflictsp. 127
Wagesp. 128
Wage differentials between sectors and genderp. 130
Wage differentials for qualificationsp. 131
Wage growthp. 132
Wage costsp. 133
Unemploymentp. 134
Short and long-term unemploymentp. 136
UI benefitsp. 137
Labour market policiesp. 139
Labour market reformsp. 140
Activation measuresp. 141
Passive measuresp. 142
Flexicurityp. 145
The Danish Welfare Model
Introductionp. 151
Public sector size and structurep. 154
Types of transactionp. 155
Functionp. 157
Public sector structurep. 159
Transfersp. 160
Tax burden and the structure of taxationp. 163
Personal income taxationp. 165
Redistribution of incomep. 170
General government financial balances and gross debtp. 172
Challenges to the welfare statep. 177
Rules and Regulations
Introductionp. 184
Competition policy in Denmarkp. 186
Indicators of imperfect competition in Danish industriesp. 188
Energy, the environment and sustainable developmentp. 192
Natural capital and sustainable developmentp. 193
Resource pricesp. 196
Energy consumptionp. 198
The greenhouse effectp. 199
Agricultural policyp. 201
EU's common agricultural policy (CAP)p. 202
Agricultural supportp. 205
Danish housing policyp. 206
Growth, Innovation and Education
Introductionp. 215
Growth developmentsp. 216
Sources of growthp. 218
Theories of economic growthp. 218
Growth accountingp. 219
Productivity growth in an international perspectivep. 222
Research and developmentp. 225
Danish R&D expenditurep. 226
R&D and productivity growthp. 229
Innovationp. 230
The patent activity in Denmark, OECD and EUp. 232
Developments in patent activities of Danish firmsp. 233
Innovationp. 235
Educationp. 236
Knowledge, information technology and growth?p. 239
National Accounts
Outputp. 246
Price concepts and value addedp. 247
GDP defined in terms of expenditurep. 249
GDP and other income termsp. 250
Consumption of fixed capital and net termsp. 250
Savings (S), capital formation (I) and the current external balancep. 251
International comparisonsp. 251
GDP and alternative measuresp. 252
Price and Quantity Indexes
Price index formulap. 255
Quantity indexesp. 258
Deflatingp. 258
Four general price indexesp. 260
Indexp. 262
Table of Contents provided by Ingram. All Rights Reserved.

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