Denmark
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Denmark is a country in northern Europe and represents one of the world’s oldest continuous monarchies. Denmark’s population in 1995 was 5,210,000 people with a population density of 313 people per square mile (Lindgren and Millward 1). The population is primarily located in urban areas with Danish being the chief language spoken and Protestantism being the primary religion, though religious liberty is legally granted to all citizens. Politically, the country consists of 14 counties with Copenhagen the one city (Lindgren, et. al. 1). The currency is the Krone and Denmark also governs two special status communities, the Faeroe Islands and Greenland which have been under Danish rule since the 1300s. Denmark was founded basically by wandering Germanic tribes who located in the area during the early years of Christianity, “Angles, Saxons, and Danes settled in Denmark during the first centuries of the Christian era. With the exception of the Eskimos of Greenland, the population of Denmark and its islands is descended from these tribes and is relatively homogenous. Migrations from the south have been absorbed through the centuries, and only slight variations in physique, speech, and ethnic characteristics can be detected in the population” (Lindgren, et. al. 3).The continuous monarchy of Denmark is achieved through hereditary constitutional monarchy with an executive power comprised on the monarch and a cabinet made up of 21 me
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bricants, food, live animals, chemicals, textiles, iron, steel and motor vehicles. Denmark traditionally experienced a trade deficit with imports outweighing exports but changing energy trends in the 1980s reversed this situation, “In 1987 this trade deficit turned around, as imports cost $25.4 billion and exports earned $25.6 billion; the next year the surplus grew to $1.4 billion. The shift occurred primarily because Denmark needed to import less energy and because world prices for oil had dropped” (Lindgren, et. al. 13).
While investment opportunities in Denmark appear sound, there are some factors that may affect potential investment in that country. Other than the fact that Denmark is still quite dependent on importing energy for production there are current developments that may have the potential to affect the economy of the country, some good but most of them bad. For example, Denmark may be able to cut $150 million per year from its operating budget if the Faeroes have their way and become a sovereign nation under Denmark ruled by self-determination. A recently proposed situation by the Faeroe government mirrors the situation of Iceland who previously became independent from Danish rule, “The islands’ government wi
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Some common words found in the essay are:
GDP Approximately, Sweden Denmark, Eskimos Greenland, Germanys Lindgren, Cooper Madigan, Faeroe Greenland, Traditionally Denmark, Republican-controlled Congress, Third Denmarks, China Denmark, et al, lindgren et, lindgren et al, gross domestic, domestic product, foreign trade, gross domestic product, 1998 1, trade deficit imports, sept 5 1998, 1 currency, 348 sept, 5 1998, sept 5, 5 1998 1,
Approximate Word count = 2379
Approximate Pages = 10 (250 words per page)
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