Denmark – Country Profile by sandeepkumarp


									Denmark – Country Profile

    GLS Team – IIHT Ltd.
• Flag description:

  red with a white cross that
  extends to the edges of the
  flag; the vertical part of the
  cross is shifted to the hoist
  side; the banner is referred
  to as the Dannebrog
  (Danish flag)

note: the shifted design
   element was subsequently
   adopted by the other Nordic
   countries of Finland,
   Iceland, Norway, and
• Once the seat of Viking raiders and later a major
  north European power, Denmark has evolved into a
  modern, prosperous nation that is participating in the
  general political and economic integration of Europe

• It joined NATO in 1949 and the EEC (now the EU) in

• However, the country has opted out of certain
  elements of the European Union's Maastricht Treaty,
  including the European Economic and Monetary
  Union (EMU), European defense cooperation, and
  issues concerning certain justice and home affairs
• Location: Northern Europe, bordering the
  Baltic Sea and the North Sea, on a peninsula
  north of Germany (Jutland); also includes two
  major islands (Sjaelland and Fyn)

• Area - comparative: slightly less than twice
  the size of Massachusetts

• Border countries: Germany
• Climate: temperate; humid and overcast; mild, windy
  winters and cool summers

• Natural resources: petroleum, natural gas, fish, salt,
  limestone, chalk, stone, gravel and sand

• Natural hazards: flooding is a threat in some areas of
  the country (e.g., parts of Jutland, along the southern
  coast of the island of Lolland) that are protected from
  the sea by a system of dikes
• Geography - note: controls Danish
  Straits (Skagerrak and Kattegat) linking
  Baltic and North Seas; about one-
  quarter of the population lives in greater
• Population: 5,484,723

• Population growth rate: 0.295%

• Age structure:

  - 0-14 years: 18.4%
   (male 516,735/female 490,532)
  - 15-64 years: 65.9%
   (male 1,818,681/female 1,796,753)
  - 65 years and over: 15.7%
   (male 374,388/female 487,634)
• Nationality:
    - noun: Dane(s)
    - adjective: Danish

• Ethnic groups:
  Scandinavian, Inuit, Faroese, German, Turkish,
  Iranian, Somali

• Religions:
  Evangelical Lutheran 95%, other Christian (includes
  Protestant and Roman Catholic) 3%, Muslim 2%
• Languages:
  Danish, Faroese, Greenlandic (an Inuit
  dialect), German (small minority)
  note: English is the predominant second

• Literacy:
  definition: age 15 and over can read and write
  total population: 99%
  male: 99%
  female: 99% (2003 est.)
• Country name:

  conventional long form: Kingdom of Denmark
  conventional short form: Denmark
  local long form: Kongeriget Danmark
  local short form: Danmark

• Government type: constitutional monarchy

• Capital: Copenhagen
• Administrative divisions:

metropolitan Denmark - 5 regions (regioner, singular - region)
   - Hovedstaden
   - Midtjylland,
   - Nordjylland,
   - Sjaelland,
   - Syddanmark

note: an extensive local government reform merged 271
   municipalities into 98 and 13 counties into five regions, effective
   1 January 2007

• Independence: first organized as a unified state in 10th century;
  in 1849 became a constitutional monarchy
• The Danish economy has in recent years undergone
  strong expansion fueled primarily by private
  consumption growth, but also supported by exports
  and investments

• This thoroughly modern market economy features
  high-tech agriculture, up-to-date small-scale and
  corporate industry, extensive government welfare
  measures, comfortable living standards, a stable
  currency, and high dependence on foreign trade

• Unemployment is low and capacity constraints are
  limiting growth potential
• Denmark is a net exporter of food and energy and
  enjoys a comfortable balance of payments surplus

• Government objectives include streamlining the
  bureaucracy and further privatization of state assets

• Because of high GDP per capita, welfare benefits, a
  low Gini index, and political stability, the Danish living
  standards are among the highest in the world

• A major long-term issue will be the sharp decline in
  the ratio of workers to retirees
• GDP - real growth rate: 1.8%

• GDP - composition by sector:
      - agriculture: 1.5%
      - industry: 26%
      - services: 72.4%

• Labor force: 2.86 million

• Labor force - by occupation:
         - agriculture: 3%
         - industry: 21%
         - services: 76%

• Unemployment rate: 2.8%
• Agriculture - products: barley, wheat, potatoes, sugar beets;
  pork, dairy products; fish

• Industries: iron, steel, nonferrous metals, chemicals, food
  processing, machinery and transportation equipment, textiles
  and clothing, electronics, construction, furniture and other wood
  products, shipbuilding and refurbishment, windmills,
  pharmaceuticals, medical equipment

• Currency (code): Danish krone (DKK)

• Exchange rates:
  Danish kroner per US dollar - 5.4797 (2007), 5.9468 (2006),
  5.9969 (2005), 5.9911 (2004), 6.5877 (2003)
• Education in Denmark is compulsory for children aged
  approximately 7-16. These nine years of compulsory education
  is called the Folkeskole ("public school")

• About 82% of young people take further education in addition to
  this Government-funded education is usually free of charge and
  open to everyone

• Literacy in Denmark is approximately 99% for both men and

• Recently, some political parties (e.g. Social Democrats and New
  Alliance) have advocated extending the time of compulsory
  education from nine to twelve years
• The Danish education system has its origin in the
  cathedral- and monastery schools established by the
  Roman Catholic Church in the early Middle Ages,
  and seven of the schools established in the 12th and
  13th centuries still exist today

• The first university in Denmark, University of
  Copenhagen, was established in 1479

• The second, University of Kiel in Schleswig-Holstein,
  was established in 1665
The tuition-less system
•   Because the politics of Denmark are based on a welfare-state model, almost all
    educational institutes in Denmark are free. This tuition-less system applies to:

     - Those who have been born in Denmark as 'national Danes'
     - Those who hold a permanent resident visa
     - Those who hold a humanitarian visa
     - Those from the Nordic Council
     - Those from the European Economic Area or European Union

    To further assist students in Denmark, all Danish citizens (and many others meeting
    certain criteria) are offered a bursary, called "SU" (Statens Uddannelsesstøtte which
    translates to The State's Educational Support), which totals about DKK 2,412 monthly
    if the student lives with his/her parents or former guardians, and about DKK 4,852
    monthly if the student lives away from his/her parents or former guardians. The
    bursary is considered income and a high tax has to be paid resulting in a maximum
    bursary of DKK 3,600 monthly

•   Students can supplement the SU with student loans amounting to DKK 2483 per
    month, which must be paid back upon the completition of their education
• Today, education in Denmark is broken down into five age

  - Pre-School Education
  - Folkeskole Education
  - Secondary Education
        Higher Preparatory Examination (HF)
        Higher Commercial Examination Programme
        Higher Technical Examination Programme (HTX)
        Vocational secondary education
   - Higher Education (see also List of universities in Denmark)
  - Adult Education
Major Universities
• Technical University of Denmark, Copenhagen

• IT University of Copenhagen, Copenhagen

• Copenhagen Business School, Copenhagen

• University of Aarhus, in Aarhu

• University of Aalborg, in Aalborg, Esbjerg and Copenhagen

• University of Copenhagen, in Copenhagen

• Roskilde University, in Roskilde
Franchising in Denmark
• The Association of Danish Franchisors
  was founded in 1984

• It is a member of the European
  Franchise Federation

• There is no specific franchise law in
• Telephone system:

  General assessment: excellent telephone and telegraph

  Domestic: buried and submarine cables and microwave radio
  relay form trunk network, 4 cellular mobile communications

  International: country code - 45; A series of fiber-optic
  submarine cables link Denmark with Canada, Faroe Islands,
  Germany, Iceland, Netherlands, Norway, Poland, Russia,
  Sweden, and UK; satellite earth stations - 18 (6 Intelsat, 10
  Eutelsat, 1 Orion, 1 Inmarsat (Blaavand-Atlantic-East)); note -
  the Nordic countries (Denmark, Finland, Iceland, Norway, and
  Sweden) share the Danish earth station and the Eik, Norway,
  station for worldwide Inmarsat access
• Internet country code: .dk

• Internet hosts: 3.114 million

• Internet users: 3.171 million

• Radio broadcast stations: AM 2, FM 355,
  shortwave 0

• Television broadcast stations: 26 (plus 51 repeaters)
ICT Sector
• North Denmark is situated at the very top of the
  European continent. Similarly, the region is also at
  the top when it comes to Information and
  Communication Technology (ICT)

• Due to a long tradition in knowledge based industry,
  North Denmark has developed a concentration of ICT

• Today the entire region is dotted with companies,
  research institutes and educational facilities all within
  the ICT field
• The extensive ICT industry in North Denmark
  constitutes an international power centre that is
  continuously on the rise

• Driven by innovative spirit, the industry has significant
  positive impact on research and educational facilities
  in the entire area and vice versa

• Subsequently, uniquely skilled candidates graduates
  from the region each year
SWOT Analysis
Strengths                               Weakness
•Strong competencies in mobile sector   •Gaps in Competencies>technical
•Commitment to develop ICT Sector       competencies
•Application oriented culture (R&D)     •Small population>need to focus on
                                        research and education, need to select
                                        •Undeveloped risk financing

Opportunities                           Threats
•Potential new export products and      •Environmental problem
services                                •They consider India and China as
•Cost effective data transmission       threat
techniques even in sparsely populated   •One cannot find risk financing for the
areas                                   development of business
•Mobile application market in Third
world> eg. Connected to energy
Thank You

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