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Europe is Enduring a Challenging Period.
Stagnant Growth
Persistent Inflation
Public Finances under Severe Strain.
Amid This Landscape, One Name Bucks the Trend: Denmark.
Not Only Growing Faster than Nearly All of the Rest of Europe, Denmark's Inflation Has Held Steady around 2% for Nearly Two Years.
Surplus Budget, Low Public Debt, among the Healthiest in the EU.
This is Even More Intriguing Given Denmark's Characteristics:
A Small Country. Cold. No Oil. No Major Mineral Deposits.
Taxes among the Highest in the World
Workers Log Fewer Hours than in Most Developed Nations.
In Theory, This is a Recipe for a Stagnant Economy.
But Reality is the Complete Opposite.
GDP Per Capita around $75,000
Growth among Europe's Fastest
Low Public Debt, State Budget Consistently in Surplus
An Economy that Taxes Nearly Half of GDP, Yet Remains Globally Competitive, Produces World-Leading Companies, and Grows Richer.
In Today's Blog, Viet Hustler Dissects the Danish Economic Paradox with You
From Agrarian Economy to High-Income Nation
Why High Taxes Don't Stifle the Economy?
Few Resources, Yet Produces 'Super Companies'
The Downsides of the Danish Model
Why It's Hard to 'Copy' the Danish Model?
