DENMARK - World’s Most Competitive Nation

Arno Froese

Denmark has overtaken Switzerland as the world’s most competitive economy after the Nordic country outperformed peers during the pandemic.

“Denmark is the most digitally advanced country in the world and now takes the top spot thanks to good policies, advantages afforded by being a European country, a clear focus on sustainability and a push from its agile corporate sector,” Arturo Bris, a professor at the Lausanne, Switzerland-based IMD, said in the statement.

Along with the other Nordic nations, the Danish economy fared better through lockdowns than most of its wealthy peers, helped by strong social safety networks, low debt levels and digital progress, as well as lower dependency on tourism. Denmark’s unemployment is at its lowest level in 14 years and gross domestic product will likely expand 3.4% this year, according to the most recent government forecast.

-www.swissinfo.ch, 15 June 2022

Arno's Commentary

This small country is bordered by Germany in the south, the North Sea in the west, and the Baltic Sea in the east. This peninsula nation has a population of over 5 million; religiously, it is dominated by 75% Lutheranism, with about 5.5% Muslim. Life expectancy stands at 81.6 years.

While Denmark is a peninsula, Switzerland is a landlocked country that has strictly maintained its neutrality and is not a member of the EU. Denmark became an EU member in 1973, but has opted out of the monetary union and the European cooperation on defense. While in general, unity with other nations strengthens a country, Denmark’s independence shows the opposite: amazing success.

Here, individualism is applicable to Christians: “Teaching us that, denying ungodliness and worldly lusts, we should live soberly, righteously, and godly, in this present world” (Titus 2:12).

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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