01781cas a2200241 a 4500 AALejournalIMF005535 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451811230 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Denmark : 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Denmark. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (42 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 The key findings of Denmark's 2008 Article IV Consultation are examined. The global liquidity crisis put the financial sector under severe stress, but most banks have weathered the crisis well owing to strong initial positions and supportive policies. The crisis accelerated a downturn that had begun in 2007 and tilted the balance of macroeconomic risk toward recession. The macroeconomic policy mix is appropriate, including higher interest rates to support the exchange rate peg and an expansionary budget to add a countercyclical thrust to the strong stabilizing effect of Denmark's automatic stabilizers. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/379 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/379/002.2008.issue-379-en.xml IMF e-Library