denmark

Tahawwur Rana and David Headley Indicted for Alleged Roles in India and Denmark Terrorism Conspiracies

A federal grand jury today returned a superseding indictment adding three defendants, including Tahawwur Rana, to charges filed last month against David Coleman Headley, alleging that they and others participated in conspiracies involving a planned terrorist attack against a Danish newspaper and the November 2008 terrorist attacks in Mumbai, India, that killed approximately 164 people, including six Americans.



  • OPA Press Releases

denmark

Chicago Resident David Coleman Headley Pleads Guilty to Role in India and Denmark Terrorism Conspiracies

David Coleman Headley, a U.S. citizen of partial Pakistani descent, pleaded guilty today to a dozen federal terrorism charges, admitting that he participated in planning the November 2008 terrorist attacks in Mumbai, India, as well as later planning to attack a Danish newspaper.



  • OPA Press Releases

denmark

Tahawwur Rana Guilty of Providing Material Support to Terror Group and Playing Supporting Role in Denmark Terror Conspiracy

A Pakistani native who operated a Chicago-based immigration business was convicted today of participating in conspiracy involving a terrorism plot against a Danish newspaper and providing material support to a terrorist organization based in Pakistan.



  • OPA Press Releases

denmark

David Coleman Headley Sentenced to 35 Years in Prison for Role in India and Denmark Terror Plots

David Coleman Headley, a U.S. citizen partly of Pakistani descent, was sentenced today to 35 years in prison for a dozen federal terrorism crimes relating to his role in planning the November 2008 terrorist attacks in Mumbai, India, and a subsequent proposed attack on a newspaper in Denmark.



  • OPA Press Releases

denmark

What Sanders gets right and wrong about Denmark


The support for Bernie Sanders among young people has stirred a debate about the merits of the American style of a market economy versus the European version, and particularly the Nordic version of capitalism seen in Denmark.

Of course, the chances that Sanders will actually become president are remote and the chances of his enacting his program, if he were to become president, are even more remote. Still, the debate is an interesting one. David Brooks (writing in his New York Times column February 12, 2016) says that Denmark and similar economies in Europe are stagnant and lack the dynamism of America. Sanders’ supporters wrote in response, pointing to the strengths of Denmark: the absence of extreme poverty, the guaranty of good quality health care, and the availability of free college education.

Denmark gets a lot of things right. It provides universal health care of high quality at only a fraction of the cost of the U.S. system. Health outcomes are at least as good as in the United States with Danish wait-times similar to those we have here and infant mortality much lower. Denmark also does well in its primary and secondary education and in its labor market programs. They use tough love on those who are out of work, providing generous income support and training, but if they do not find a job or accept one that is found for them, the unemployed lose their benefits. The Danish “flexicurity” system is much admired because it combines a flexible labor market with income security. People are not guaranteed to keep the job they are in, but they are pretty much guaranteed that they can have a job.

Brooks is correct in pointing to the negative impact of very high tax rates on work. In the Nordic economies and in Germany, the employment rate is high but people work a lot fewer hours than workers in the U.S. On average, employed workers work 1,788 hours a year in the U.S. and only 1,438 in Denmark, and even less in Germany at 1,363, according to the OECD. Of course the Europeans are choosing to work shorter hours, but that choice is made in the face of very high taxes. Consider a busy professional couple in Denmark who want a renovation done to their home. They take home only a fraction of their salary after paying taxes and then they pay a plumber or an electrician to work on their house, and each of these tradespeople gets to keep only a fraction of what they charge for their services. The couple may find it is better to forget about the renovation, or hire people off the books to avoid the prohibitive double taxation.

In terms of innovation, Europe does not have the equivalent of Silicon Valley or the innovation hubs around Cambridge, Massachusetts, or the National Institutes of Health in Maryland. These creative centers generate innovations made in the U.S. that spread around the world and benefit everyone. Denmark is too small to sustain such centers by itself, but the problem extends to Europe more broadly, where policymakers struggle to match American innovation. Brooks is also correct about the danger of universal free college education. Those who graduate from four-year colleges will usually be in the upper half of the income distribution and should not expect to get a free ride from taxpayers who are making far less themselves. At the same time, creating broad financial support to allow children from low-income families to attend college while avoiding crippling debts is absolutely the right policy.

The U.S. is an exceptional country with a dynamic and successful economy. Europe would profit from copying the innovation culture of America. American capital markets, notwithstanding the financial crisis, are much more efficient than those in Europe and offer financial support and mentoring to start-up companies. Going the other way, America could learn about ways to retrain workers and avoid the desperate poverty that afflicts too many of our citizens. We could learn about the benefits of negotiating for lower prices from doctors, hospitals and drug companies. Whoever wins the White House should be secure in their belief about America’s strengths and vitality, while admitting that we can learn from what other countries do well.


Editor's note: This piece originally appeared in Inside Sources

Publication: Inside Sources
Image Source: © Dominick Reuter / Reuters
      
 
 




denmark

Red meat may be taxed in Denmark to fight climate change

Climate change has become an ethical issue in the eyes of the Danish Council for Ethics, which suggested last week that the government consider a tax on beef, and eventually all foods depending on climate impact.




denmark

Hobbit Houses, Geothermal Heating, and More at Økosamfundet Dyssekilde, One of Denmark's Oldest Eco Villages

TreeHugger visits one of Denmark's oldest Eco villages, which includes 74 sustainably-designed highly unique houses and apartment buildings that range from hobbit-style straw to high design.




denmark

First-ever climate telethon raises millions to plant trees in Denmark

The good people of Denmark phoned in enough kroner to plant nearly a million trees.




denmark

Why is Denmark so successful at reducing food waste?

It's all about the culture.




denmark

First wolf pack in 200 years is roaming wild in Denmark

Denmark’s last wolf was killed in 1813, but after a female travels 340 miles from Germany and meets some males, cubs are expected soon.




denmark

Denmark allows fast and heavy "speed pedelecs" in the bike lanes. What were they thinking?

We always write "Learn from Denmark." We take it back.




denmark

Denmark wants to make climate impact labels mandatory for food

Appliances have labels for energy efficiency, so why not food?




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A petal-powered bike project in Denmark’s second city

Green-fingered volunteers in the Danish city of Aarhus have given abandoned bicycles a new lease of life – by turning them into tiny urban gardens.




denmark

Classic Automobile Collection Discovered in Denmark in an Incredible Barn Find - Campen Auktioner A/S - Specialbilauktion #482 Palmesøndag

Campen Auktioner A/S - Specialbilauktion #482 Palmesøndag




denmark

Tax-News.com: Denmark Tops Tax Burden League Table

Denmark was found to have the heaviest burden of taxation as a percentage of the economy in a new study by accountancy firm UHY.




denmark

Tax-News.com: Denmark Tops Tax Burden League Table

Denmark was found to have the heaviest burden of taxation as a percentage of the economy in a new study by accountancy firm UHY.




denmark

Tax-News.com: New Japan-Denmark DTA To Waive Cross-Border Tax

The Japanese and Danish governments announced on October 11 that they had signed a new agreement for the avoidance of double taxation in Tokyo.




denmark

Betting the house in Denmark

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.




denmark

Denmark Weapons Sales

Weapons Sales in Denmark increased to 27 USD Million in 2018 from 20 USD Million in 2017. Weapons Sales in Denmark averaged 40.68 USD Million from 1960 until 2018, reaching an all time high of 272 USD Million in 1994 and a record low of 1 USD Million in 1998. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.




denmark

Denmark must investigate foreign bribery more proactively

Denmark’s enforcement of its foreign bribery laws has been weak. Only 13 foreign bribery allegations have surfaced, and sanctions have been imposed in just one case that falls under the Convention. Law enforcement authorities have not been sufficiently proactive, and cases have been prematurely closed without complete investigations. Denmark must take more investigative steps and make greater efforts to gather evidence from abroad.




denmark

Taxing Energy Use: Key findings for Denmark

This country note explains how Denmark taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




denmark

Revenue Statistics: Key findings for Denmark

The tax-to-GDP ratio in Denmark decreased by 0.8 percentage points from 45.7% in 2017 to 44.9% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.




denmark

How's life in Denmark?

This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.




denmark

Taxing Wages: Key findings for Denmark

The tax wedge for the average single worker in Denmark remained the same at 35.4 percentage points between 2018 and 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Denmark had the 23rd lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.




denmark

Long-Term Care in Denmark

An overview of the long-term care situation in Denmark is available here.




denmark

Denmark: good hospitals but primary health care must improve

The Danish central government and regions are leading international efforts to reform hospital systems, improving quality and safety by gathering specialists into major hospitals and closing smaller ones.




denmark

Betting the house in Denmark

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.




denmark

Turkey Exports to Denmark

Exports to Denmark in Turkey decreased to 73.17 USD Million in March from 86.33 USD Million in February of 2020. Exports to Denmark in Turkey averaged 82.45 USD Million from 2014 until 2020, reaching an all time high of 131.85 USD Million in July of 2018 and a record low of 64.06 USD Million in April of 2019. This page includes a chart with historical data for Turkey Exports to Denmark.




denmark

Turkey Imports from Denmark

Imports from Denmark in Turkey increased to 62887.07 USD THO in March from 51169.66 USD THO in February of 2020. Imports from Denmark in Turkey averaged 73230.63 USD THO from 2014 until 2020, reaching an all time high of 164778.34 USD THO in June of 2019 and a record low of 44119 USD THO in September of 2015. This page includes a chart with historical data for Turkey Imports from Denmark.




denmark

Economic Policy Reforms: Going for Growth 2012 - Denmark Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.




denmark

Towards green growth in Denmark: improving energy and climate change policies

Denmark’s green growth strategy focuses on moving the energy system away from fossil fuels and investing in green technologies, while limiting greenhouse gas (GHG) emissions.




denmark

Sluggish productivity growth in Denmark: the usual suspects?

Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically and in relation to other countries, contributing to weak economic growth and an erosion in competitiveness.




denmark

Trade specialisation and policies to foster competition and innovation in Denmark

Danish productivity has grown only weakly over the past two decades, both historically and in relation to other countries, despite sound policies and institutions. Denmark needs to continue its efforts to reap the benefits of globalisation, which would contribute to invigorating productivity growth.




denmark

Making the most of skills in Denmark

Surveys suggest that Denmark ranks close to or slightly above the OECD average in terms of student and adult skills, even though Denmark spends more than many OECD countries on education, labour market policies and adult learning. Sluggish productivity growth over the past two decades raises the question of how to develop better skills and use them more efficiently to achieve stronger and more inclusive growth.




denmark

Recovery underway in Denmark, but reforms needed to maintain high living standards and ensure sustainability of social welfare system

Denmark’s economic prospects are improving, but further reforms are needed to maintain the country’s high living standards and ensure the well-being of all citizens, according to a new report from the OECD.




denmark

Betting the house in Denmark

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.




denmark

Balancing inclusiveness, work incentives and sustainability in Denmark

The generous Danish welfare state relies on a high degree of labour force participation both for financing and in order to ensure social cohesion.




denmark

Balancing inclusiveness, work incentives and sustainability in Denmark

The generous Danish welfare state relies on a high degree of labour force participation both for financing and in order to ensure social cohesion.




denmark

Inequality in Denmark through the Looking Glass

This paper delivers a broad assessment of income inequality in Denmark.




denmark

Inequality in Denmark through the Looking Glass

This paper delivers a broad assessment of income inequality in Denmark.




denmark

OECD Reviews of Regional Innovation: Central and Southern Denmark

This book examines regional innovation in central and southern Denmark, looking at its role in the economy, its governance and policy context and regional strategies for innovation driven growth.




denmark

Betting the house in Denmark

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.




denmark

Betting the house in Denmark

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.




denmark

Denmark Corruption Index

Denmark scored 87 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Denmark averaged 93.52 Points from 1995 until 2019, reaching an all time high of 100 Points in 1998 and a record low of 87 Points in 2019. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Denmark Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




denmark

Denmark Corruption Rank

Denmark is the 1 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Denmark averaged 1.72 from 1995 until 2019, reaching an all time high of 4 in 2005 and a record low of 1 in 1997. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Denmark Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




denmark

Denmark Corporate Profits

Corporate Profits in Denmark increased to 282297 DKK Million in 2017 from 269838 DKK Million in 2016. Corporate Profits in Denmark averaged 169636.07 DKK Million from 1995 until 2017, reaching an all time high of 282297 DKK Million in 2017 and a record low of 45386 DKK Million in 1996. In Denmark, Corporate Profits represents the level of profit or loss in the business accounts sector covering construction and retail trade from 1994 at enterprise level (i.e. for legal units, such as corporations and sole traders) and at establishment (workplace) level from 1995. Manufacturing Industries were then included in the coverage from 1995, wholesale trade from 1998, and the remaining part of the service industries from 1999. This page provides - Denmark Corporate Profits- actual values, historical data, forecast, chart, statistics, economic calendar and news.




denmark

Denmark Eletricity Production

Electricity Production in Denmark increased to 3368 Gigawatt-hour in December from 2610 Gigawatt-hour in November of 2019. Electricity Production in Denmark averaged 2701.44 Gigawatt-hour from 2008 until 2019, reaching an all time high of 4364 Gigawatt-hour in December of 2010 and a record low of 1356 Gigawatt-hour in June of 2014. This page has Electricity Production values for Denmark.




denmark

Denmark Government Bond 10Y

Denmark 10Y Bond Yield was -0.30 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Denmark Government Bond 10Y reached an all time high of 15.76 in August of 1983. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.




denmark

Russia Exports to Denmark

Exports to Denmark CMLV in Russia increased to 361.60 USD Million in February from 120.90 USD Million in January of 2020. Exports to Denmark CMLV in Russia averaged 1086.99 USD Million from 2006 until 2020, reaching an all time high of 3890.70 USD Million in December of 2018 and a record low of 34.64 USD Million in January of 2011. Russia accounts for Exports to Denmark using cumulative values for each year (CMLV). This page includes a chart with historical data for Russia Exports to Denmark.




denmark

Denmark Households Debt To Income

Households Debt in Denmark decreased to 235.11 percent of gross income in 2018 from 240.53 percent in 2017. Households Debt To Income in Denmark averaged 236.25 percent from 2000 until 2018, reaching an all time high of 269.77 percent in 2009 and a record low of 180.80 percent in 2001. This page provides - Denmark Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.