ABSTRACT
In Denmark, high demands are made as to level of training and qualifications, which is not necessarily so to the same extent in the private sector in the USA. There is an argument that greater inequality easily results in lower economic growth which, among other things, can be documented through a comparison of developments in Denmark and the USA. The loss of terrain by the poor in the income race in the USA has had serious consequences, because the growth in prosperity in the USA has generally moved very slowly. In their first analysis, nine countries were included: Austria, the United Kingdom, Denmark, Finland, Germany, Holland, Norway, Sweden and the USA, in which they looked at the period from the mid-1800s to 1985. The difference in income distribution alone explains a fifth of the changes in economic growth rates between countries and over time.
