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Investment Fund for Developing Countries (Investeringsfonden for Udviklingslande) (IFU), is a Development Financial Institution owned by the Government of Denmark.IFU is a self-governing, state-owned fund, whose objective is to promote economic and social development in developing countries.
Since then, Denmark has seen a steady decline in unemployment rates, bottoming at 2.4 percent in 2007. [2] This significant decrease in unemployment is attributed to Denmark's emphasis on active labour market policies (ALMP) throughout the 1990s; which sought to help workers obtain the skills needed to create a successful labour market. [2]
Active labour market policies (ALMP) are used to maintain labor force participation, and social mobility over time in order to improve market efficiency . [1] The focus of these policies can vary depending on the challenges faced in promoting or retaining labor force participation through the use of socially progressive policies.
During the Industrial Revolution in Denmark in the 19th century, many workers, in particular from Germany and Sweden, immigrated to take part in large construction activities like railroads, dikes and the fortification of Copenhagen. In 1885, 8.1% of the population of Copenhagen was born abroad.
The Danish Growth Fund Danish: Vækstfonden is Denmark's investment fund. The Danish Growth Fund is an independent fund governed by an independent legal act and an independent board of directors. The Danish Growth Fund is an independent fund governed by an independent legal act and an independent board of directors.
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Denmark is a modern high-income and highly developed mixed economy, dominated by the service sector with 80% of all jobs; about 11% of employees work in manufacturing and 2% in agriculture. The nominal Gross National Income per capita was the ninth-highest in the world at $68,827 in 2023.
The basic income-concept became known in Denmark in the late 1970s with the book Oprør fra midten. The following decades the debate continued, with some small victories for the movement, but nothing like a big break through. The Alternative political party supports a universal basic income. [1]