Template-Type: ReDIF-Article 1.0

Author-Name: Rafael Lipcsey Andersson 
Author-Workplace-Name: 
Author-Email: andlip.rafael@gmail.com

Author-Name: Szabolcs Szentmihalyi
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Email: szentmihalyisz@mnb.hu


Title: The Secret of Lasting Success - The Cases of Switzerland and Denmark

Abstract: In recent decades, the development of Switzerland and Denmark has mainly been
characterised by intensive growth, pioneering in innovation and the development
of green technologies, high employment rates and fiscal discipline. In this article,
we discuss the background of these development factors as well as how these two
economies have managed to remain highly advanced for such a long time. The
paths taken by Switzerland and Denmark show plenty of similarities, from which
Hungary can draw lessons regarding its efforts to catch up with Europe's more
advanced economies. In certain areas, however, their success has been enabled by
factors dependent on their unique conditions, resources and diverging economic
policy approaches.

Classification-JEL:  
Keywords: 
Pages: 159-172
Volume: 21
Issue: 3
Year: 2022
File-URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-21-3-fa2-lipcsey-andersson-szentmihalyi.pdf
File-Format: Application/pdf
Handle: RePEc:mnb:finrev:v:21:y:2022:i:3:p:159-172