The Bank in turn needs you. The Bank is a learning organization, with immense responsibilities. Our work is grounded in academia, honed by analysis, and disciplined by an unrelenting focus on our mandate. Our response to the recent economic crisis has risen to the highest standard set over our history. Guided by well-researched, policy-based frameworks, the Bank has acted decisively.
We are seeing growth because the foundations are in place. Denmark is competitive, so exports can begin to fuel the economy. And household finances have become more balanced after the housing bubble in the 2000s. In addition, three other factors are boosting growth strongly. Firstly, interest rates have fallen by more than we had expected.