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G- 9, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, MIGA, MONUC, NATO, NC, NEA, NIB, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, UN, UN Security Council (temporary), UNAMSIL, UNCTAD, UNESCO, UNHCR, UNIDO, UNMEE, UNMIK, UNMIL, UNMISET, UNMOGIP, UNOMIG, UNTSO, UPU, WCO, WEU (observer), WHO, WIPO, WMO, WTO, ZC Diplomatic representation in the US: chief of mission: Ambassador Friis PETERSEN chancery: 3200 Whitehaven Street NW, Washington, DC 20008 telephone: [1] (202) 234-4300 FAX: [1] (202) 328-1470 consulate(s) general: Chicago and New York Diplomatic representation from the US: chief of mission: Ambassador (vacant); Charge d'Affaires Sally M. LIGHT embassy: Dag Hammarskjolds Alle 24, 2100 Copenhagen mailing address: PSC 73, APO AE 09716 telephone: [45] 35 55 31 44 FAX: [45] 35 43 02 23 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, and that design element of the Dannebrog (Danish flag) was subsequently adopted by the other Nordic countries of Finland, Iceland, Norway, and Sweden Economy Denmark Economy - overview: 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. 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. The government has been successful in meeting, and even exceeding, the economic convergence criteria for participating in the third phase (a common European currency) of the European Economic and Monetary Union (EMU), but Denmark has decided not to join 12 other EU members in the euro; even so, the Danish krone remains pegged to the euro. Growth in 2004 was sluggish, yet above the scanty 0.3% of 2003. Because of high GDP per capita, welfare benefits, a low Gini index, and political stability, the Danish people enjoy living standards topped by no other nation. A major long-term issue will be the sharp decline in the ratio of workers to retirees. GDP (purchasing power parity): $174.4 billion (2
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