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The Organisation of Economic Cooperation and Development (OECD) says that Denmark’s economy is still vulnerable, competitiveness has deteriorated over the past decade and reforms are needed to foster growth, but the Danish economy also has some strengths.
In its Economic Survey on Denmark, the OECD says that the economy has so far been recovering only slowly and unevenly from the unwinding of a “massive domestic property boom and the global crisis” that erupted in 2007/2008 and suggests that income tax, and particularly the marginal tax rate should be relaxed and property tax increased when the property market stabilises.
