Solid economic research applying modern econometric techniques to accurate data is needed to evaluate such claims and to determine the likely effects of policy actions in order to improve future policy decisions. The Importance of the Bank-Small Business Relationship According to our survey information, commercial banks are the single most important source of external credit to small firms.
*  *  *  The cyclical analysis of the Chairmanship of the Danish Economic Council is in line with other analyses: the Danish economy is in an upswing, driven by strong growth in domestic demand. This contributes to bringing down unemployment and raising labour force participation.