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The Danish economy has recovered quickly from the COVID-19 crisis. Rapid action to support firms and households contained the economic contraction to one of the mildest in Europe, while fast vaccine rollout enabled the removal of shutdown restrictions and an early reopening.
Historian and geographer Sorensen (1952-95) wrote her analysis of Danish political policy towards the Marshall Plan during the middle 1980s, but Rudiger says it continues to be essential reading for historians interested in the immediate postwar period. The new edition drops her chapter on COCOM, because more recent studies have made in superfluous. The rest of the study remains intact. It is not indexed. Distributed in the US by ISBS. Annotation copyrighted by Book News, Inc., Portland, OR
The Danish economy offers a dose of American labor market flexibility inside a European welfare state. The Danish government allows employers a relatively high level of freedom to dismiss workers, but also provides generous unemployment insurance. Widespread union coverage and an active system of collective bargaining help regulate working conditions in the absence of strong government regulation. Denmark's rate of low-wage work—8.5 percent—is the lowest of the five countries under analysis. In Low-Wage Work in Denmark, a team of Danish researchers combines comprehensive national registry data with detailed case studies of five industries to explore why low-end jobs are so different in Denmark. Some jobs that are low-paying in the United States, including hotel maids and meat processors, though still demanding, are much more highly compensated in Denmark. And Danes, unlike American workers, do not stay in low-wage jobs for long. Many go on to higher paying jobs, while a significant minority ends up relying temporarily on income support and benefits sustained by one of the highest tax rates in the world. Low-Wage Work in Denmark provides an insightful look at the particularities of the Danish labor market and the lessons it holds for both the United States and the rest of Europe. A Volume in the Russell Sage Foundation Case Studies of Job Quality in Advanced Economies