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December 27, 2019

Inflation is at present in a historical low, and Swedes pay very excessive taxes, being 52.1% of GDP (2014 est.) and enjoy a very beneficiant universal welfare state. However, more modern research have proven the wealth gap to be rising in Sweden. In 2018 a leading Swiss financial institution claimed that in Sweden the best 10% have 60-70% of the nation’s wealth. Other studies have proven that the highest 10% made ninety% of ‘capital income’ (outlined danish brides as earnings from the sale of housing and shares, which hardly equates exactly to ‘funding revenue’), however nonetheless maintaining relatively low poverty charges. A examine by InequalityWatch in 2010 concluded that, considering the thresholds at 50% of national median income of EU nations, Sweden’s fee of poverty is 7%, still significantly lower than in some other nations.

Were Vikings actually soiled savages who wore horned helmets, or did they appear to be we do today? Here’s what the consultants say.

This accounts for nearly half of all agricultural exports and for greater than 5 percent of Denmark’s complete exports. 63% of the land area of Denmark is used for agricultural production – the very best share on the earth in accordance with a report from University of Copenhagen in 2017. The Danish agricultural industry is traditionally characterised by freehold and family possession, but because of structural improvement farms have turn out to be fewer and larger. In 2017 the variety of farms was roughly 35,000, of which approximately 10,000 were owned by full-time farmers.


Vikings[a] had been the Norse folks from southern Scandinavia (in present-day Denmark, Norway and Sweden) who from the late eighth to late eleventh centuries raided and traded from their Northern European homelands across broad areas of Europe, and explored westwards to Iceland, Greenland, and Vinland. In fashionable English and different vernaculars, the time period also commonly contains the inhabitants of Norse home communities during this era. This interval of Nordic navy, mercantile and demographic expansion had a profound impression on the early medieval historical past of Scandinavia, the British Isles, France, Estonia, Kievan Rus’ and Sicily. The Nordic mannequin includes the financial and social insurance policies as well as typical cultural practices common to the Nordic international locations (Denmark, Finland, Iceland, Norway and Sweden).

Denmark presents a singular case since there may be an illustrated causal link between the adjustments in educational assortative mating and earnings or income inequality. The Danish intergenerational elasticity of earnings is flat across the decrease components of the parental distribution, after which rises at the higher end. This means that being raised by a low-earnings father contributes to no earnings disadvantage, but being raised by a high-earnings father confers some benefit. This illustrates that there’s nonetheless a excessive and robust transmission of financial standing on the top income levels, even in the relatively cellular nation of Denmark.

danish girls

Copenhagen, Denmark

Fear of the Franks led the Vikings to further increase Danevirke, and the defence constructions remained in use all through the Viking Age and even up till 1864. Early on, it was the Saxons who occupied Old Saxony, positioned in what is now Northern Germany. The Saxons have been a fierce and powerful people and had been typically in conflict with the Vikings. To counter the Saxon aggression and solidify their very own presence, the Danes constructed the large defence fortification of Danevirke in and round Hedeby.

The first recognized Viking raid in what now constitutes France, commenced in 799, when an assault was fought off on the coast of Aquitaine. Several other smaller skirmishes with aggressive Vikings from primarily Danish territory have been recorded, including the first raid on the Seine in 820, nevertheless it was not until the year 834 before Viking activity in France took off on a grand scale. In that year, Danes established an enduring base on Noirmoutier island, a central spot for the European salt commerce at the time, and poured into the Loire Valley on larger raid expeditions. Many massive scale raids adopted all across the coasts and in-land rivers of Western Europe in subsequent many years. The Widsith mentions a few semi-legendary kings in relation to the Danes of the Iron Age.

It is just after taxes and transfers are taken into account that Danish social mobility improves, indicating that Danish economic redistribution policies simply give the impression of greater mobility. There was evidence that generous welfare insurance policies could discourage the pursuit of upper-level education due to reducing the economic benefits that college training degree jobs offer and rising welfare for workers of a lower training degree. The tax level as well as the federal government expenditure degree in Denmark ranks among the many highest in the world, which is historically ascribed to the Nordic model of which Denmark is an instance, together with the welfare state ideas which traditionally developed through the twentieth century. The all-report highest Danish tax stage was 49.eight% of GDP, reached in 2014 due to excessive extraordinary one-time tax revenues attributable to a reorganization of the Danish-funded pension system. The Danish tax-to-GDP-ratio of forty six% was the second-highest among all OECD countries, second solely to France.

Hnefatafl is a struggle sport, by which the object is to capture the king piece—a big hostile army threatens and the king’s men have to guard the king. It was played on a board with squares utilizing black and white pieces, with strikes made according to cube rolls. The Ockelbo Runestone shows two men engaged in Hnefatafl, and the sagas recommend that cash or valuables could have been concerned in some dice games. Certain livestock were typical and unique to the Vikings, together with the Icelandic horse, Icelandic cattle, a plethora of sheep breeds, the Danish hen and the Danish goose.

Legendary Viking city unearthed

Since the nineteenth century Denmark has gone by way of an intense technological and institutional improvement. The materials standard of living has experienced previously unknown charges of growth, and the country has been industrialized and later became a contemporary service society. In a world context a relatively giant proportion of the population is part of the labour pressure, specifically because the feminine participation fee could be very high. In .8% of all 12 months-previous individuals have been active on the labour market, the sixth-highest number among all OECD countries.

Unemployment is comparatively low amongst European international locations; in October .8% of the Danish labour force have been unemployed as in comparison with an average of 6.7% for all EU international locations. The labour market is historically characterised by a excessive degree of union membership charges and collective agreement coverage.

Denmark, Finland, Norway and Sweden have been among the many six least corrupt international locations in the world, based on the corruption perceptions index produced by Transparency International. By the same measure, the UK ranks tenth, Iceland 14th and the US 18th. A trendy Icelandic self-picture within the mild of the economic crisis Archived 8 May 2018 on the Wayback Machine’, NORDEUROPAforum 20 , pp. 87–106.


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