Talk:Economy of Denmark

GDP Update

Updating GDP growth figures (according to IMF and adding a table of selected GDP growth percentages:

Year	GDP in billions of USD PPP	% GDP Growth
2002	166.876	0.5
2003	170.798	0.7
2004	178.477	2.4
2005	187.721	2.2
2006	195.581	2.1

Link for verification --JDnCoke 17:59, 22 September 2005 (UTC)

Inconsistent Statistic

The unemployment statistic in the table at the beginning of the article and the statistic in the "National accounts" part of the article are conflicting. The table reads the unemployment rate as 4.5% and at the end of the article the rate is listed at 3.9%. Britney-Boy 07:14, 20 May 2007 (UTC)

Fair use rationale for Image:DanishKroners.jpg

Image:DanishKroners.jpg is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.

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BetacommandBot (talk) 20:13, 13 February 2008 (UTC)

Denmark and the euro

There's more on Denmark and the euro on the Eurozone page than here. Referendum? Peg? Debate on joining?

--JamesWim (talk) 13:36, 1 January 2009 (UTC)

What is "official unemployment"?

The article says "During the governments of Poul Nyrup Rasmussen, there was a drastic fall in official unemployment (...)". What is official unemployment, and what would it be if it was not official? If there is a good reason to distinguish between official and else, it would be nice to have a link to an article explaining that.

84.238.86.203 (talk) 00:51, 6 January 2009 (UTC)

What is "official unemployment"?

The article says "During the governments of Poul Nyrup Rasmussen, there was a drastic fall in official unemployment (...)". What is official unemployment, and what would it be if it was not official? If there is a good reason to distinguish between official and else, it would be nice to have a link to an article explaining that.

84.238.86.203 (talk) 00:55, 6 January 2009 (UTC)

Forbes best country for business

Maybe it's worth including somewhere that on Forbes' list Denmark ranked as the best country for business in 2008 and 2009? http://www.forbes.com/lists/2009/6/bizcountries09-best-countries-for-business_Denmark_CHI001.htmlJoakimLemche (talk) 07:35, 12 May 2009 (UTC)

POV and accuracy tag added to Employment section

I added a POV and accuracy tag to the Employment section because the last paragraph:

Denmark also engages in programs where they are able to hide unemployment. For example, in 2006 there were 117,600 people who were put away in so-called "arbejdsmarkedspolitiske foranstaltninger" or "labor market political activities".

is cited using a blog as the source, which violates WP:RS. If a reliable source isn't found, this paragraph should be deleted. Pristino (talk) 10:29, 30 July 2009 (UTC)

First of all the expression "hide unemployment" is NPOV, as "arbejdsmarkedspolitiske foranstaltninger" are parts of an active Danish employment policy, and therefore not a way to fake unemploymentrates. The 117,600 people who are supposed to be hidden referes to the 4th quarter of 2005, which is stated in a Statistics Denmark report via this link. --Sabbe (talk) 08:27, 28 August 2009 (UTC)

Energy self sufficiency

The article states that Denmark is self sufficient in its energy supply, presumably because it produces as much/more than it uses in a given year, but as it relies on importing energy from neighbours at times when it cannot meet its own needs I do not consider this self sufficient, its system would fail without energy imports. The statement should be removed. Agree/disagree? Luca's Ade (talk) 21:51, 16 February 2010 (UTC)

DIsagree. Denmark is energy self sufficient in the normal sense of the word, producing enough energy to meet its own demands. The hydrocarbons from the North Sea is enough to power both Denmarks electricy based and non-electricity based energy needs.90.184.255.144 (talk) 12:44, 10 June 2010 (UTC)

Hi. This would all come down to how self sufficiency is offically defined in relation to energy. I dont know about this, but it could be checked. Anyway, Luca's Ade concerns could be mentioned in this context I think. In general, I dont think self sufficiency means "unconnected" or "isolated". How power grids exchange is another issue. RhinoMind (talk) 15:45, 19 September 2014 (UTC)

I feel as though this article is very limited

Denmark has an ultra neoliberal economy. Its at the top in business freedom including deregulation, trade, and lack of worker protections. Its a unique mix of far right economics and left wing welfare statism. http://www.heritage.org/index/Country/Denmark — Preceding unsigned comment added by Dunnbrian9 (talk • contribs) 13:05, 8 June 2011 (UTC)

"lack of worker protections"??? Where did you get that from? If you mean long a long notice before firing, then yes, employees have less "protection".

But one has to take into account the particular system of employer/union of collective bargaining or settlement ("overenskomst"). This actually provides union members with numerous rights as well as setting the minimum wage. Though declining, the 'official' (or 'red') unions by 2011 still organised roughly two-thirds (67%) of the Danish workforce.

The 'red' unions, formerly outright social democratic or similar, are those participation in collective bargaining. Though the second and third largest trade union confederations (the FTF and AC described below) are not counted as 'red' per se, they're still part of the system and will use the strike as the ultimate weapon if push comes to shove. All these three are to be distinguished from 'yellow' unions, which are Christian or independent and purely a sort of insurance companies as they typically abstain from even considering striking as an option. Hence, the Danish labour market is in fact highly regulated, but less by the state than by such agreements.

Together employers and unions are known as "the parties of the labour market" ("arbejdsmarkedets parter"). At the highest level represented on the union side by the LO, The Danish Confederation of Trade Unions, the FTF – Confederation of Professionals in Denmark and the AC – The Danish Confederation of Professional Associations, while the employers are federated into DA - The Danish Employers' Association.

Formerly (that is, until struck down by the European Court of Human Rights on January 11th 2006) several employers were part of the so-called "exclusive aggreements" ("eksklusivaftaler") mandating the hiring only or primarily of members from the 'official' unions. The DA estimated that prior to 2006, employers who had agreed to to these exclusive agreements employed at least 230.000 workers (at least 8-10% of all employees) - not exactly neoliberal...

PS. The ECHR cited the freedom of association and assembly as incompatible with exclusive agreements in the verdict known as Sørensen & Rasmussen v. Denmark.

Mojowiha (talk) 09:16, 25 June 2012 (UTC)

Hello. As a Danish citizen, I do not totally disagree (with any of you), but I am here primarily to suggest a change of wording. It is about the small word "liberal". What is usually meant when using the word liberal in an economic context, is in fact capitalist. Strictly speaking, "liberal" refers to certain values and philosophical outlooks, while "capitalist" is a much more precise and descriptive term of specific economic systems and realities. Let us use the term neo-capitalist here. We can talk about liberal values in another post and context. RhinoMind (talk) 15:14, 19 September 2014 (UTC)

The Economic history of Denmark

We are in need of either an an entire article about the Economic history of Denmark or at least a section on this issue here in this article. We could perhaps find inspiration for the structure of such an article in the Economic history of Sweden and similar economic history pages of specific nations.

As a specific topic, I would appreciate information on the economy of the Faroese Islands, Greenland and perhaps Iceland (up until their seperation and independence during WWII). There should be links to the pages on the Scandinavian Monetary Union as well. Feel free to post more relevant suggestions below.

RhinoMind (talk) 15:36, 19 September 2014 (UTC)

External link to tariff data

Hello everyone, I am working for the International Trade Centre (ITC), a UN/WTO agency that aims to promote sustainable economic development through trade promotion. I would like to propose the addition of an external link (http://www.macmap.org/QuickSearch/FindTariff/FindTariff.aspx?subsite=open_access&country=SCC208%7cDenmark&source=1%7CITC Market Access Map) that leads directly to our online database of customs tariffs applied by Denmark. Visitors can easily look up market access information for Denmark by selecting the product and partner of their interest. I would like you to consider this link under the WP:ELYES #3 prescriptions. Moreover, the reliability and the pertinence of this link can be supported by the following facts 1) ITC is part of the United Nations, and aims to share trade and market access data on by country and product as a global public good 2) No registration is required to access this information 3) Market access data (Tariffs and non-tariff measures) are regularly updated

Thank you, Divoc (talk) 13:48, 16 October 2014 (UTC)

No minimum wage in Denmark

The lede states that Denmark has "the highest minimum wage in the World". Fact is that Denmark has NO minimum wage at all. In this respect Denmark actually stands out amongst developed and industrialized countries. I don't care to follow the ref, because it is simply not true, that Denmark has a minimum wage. For one thing, sceptics can just click on the Wiki-link to list of minimum wage in countries to see for themselves, that there is no minimum wage in the country. Otherwise I can give this source: Is there a separate legislation relating to minimum wages in Denmark? from WageIndicator.org.

The problem could probably be fixed somehow, by stating that wages are negotiated and as such, Denmark might have "the highest negotiated minimum wage pay in the World", which is quite different, except for the wording of it. But with the current level of "under paid" immigrant and guest workes in the country, I would not endorse a thoughtless introduction of even that statement. There are simply too many people in Denmark at the moment, working for much less than what used to be "the negotiated minimum wage".

The fact that Denmark has no minimum wahe, has been a matter of debate recently, as the influx of "underpaid" "tax evasive" immigrant workers (from primarily Eastern Europe), has increased dramatically. All except one union in Denmark, is arguing against introducing a minimum wage. A bit odd situation compared to the rest of the World. The argument is, that the Danish wages (and cost of living) are currently so high compared to the wages immigrants are willing to get by with, that a fixed minimum wage, will probably be used by employers to lower the wages on a general level.

RhinoMind (talk) 21:21, 3 May 2015 (UTC)

Sources 26, 27, and 28 are broken links.

This needs to be updated or some information needs to be removed from the article.

"The income tax in Denmark ranges from 37.4%[25] to 63% progressively, levied on 4 out of 10 full-time employees.[26] Such high rates mean that 1,010,000 Danes before the end of 2008 (44% of all full-time employees) will be paying a marginal income tax of 63% and a combined marginal tax of 70.9% resulting in warnings from organisations such as the OECD.[27][28]"