01574cas a2200241 a 4500 AALejournalIMF000118 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451811018 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Denmark : Selected Background Issues. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (59 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Background Issues paper analyzes the transformation of Denmark's current account during 1960-94. The paper highlights that in 1990, Denmark recorded its first current account surplus in almost thirty years. This ended three decades where the Danish economy was seemingly able to ignore the implications of intertemporal budget constraints by borrowing continually to finance successive current account deficits. This paper attempts to address some questions in explaining how this transformation of the external position was achieved. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1995/041 Full text available on IMF http://elibrary.imf.org/view/journals/002/1995/041/002.1995.issue-041-en.xml IMF e-Library