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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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Boosting Growth through Greater Competition

This chapter discusses ways of strengthening the competitive environment in order to help boost productivity performance in various sectors of the economy. It looks at a number of indicators of the strength of competition – including price levels, industrial concentration and product market regulation – and it discusses the appropriateness of the competition legislation framework. The chapter then focuses on the large public sector, which has been slow to open up to competition...

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