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The economic insecurity we have seen in 2012 will continue in 2013, and probably also in 2014."

 

Frank madsen, pa business transformation expert

Adjusting to the new normal

Troels Hein Bünger 

Borsen

29 October 2012

 

PA’s Frank Madsen, a business transformation expert, is quoted in an article in Borsen on the Danish economy. The article looks at claims made by a number of financial experts who say that the Danish economy is once again in recession.

These claims are based on figures showing a downturn in the third quarter of 2012 and a decline in consumption. In the article, Frank suggests that Danish companies should adjust to a ‘new normal’: “The economic insecurity we have seen in 2012 will continue in 2013, and probably also in 2014. This is the new reality and Danish companies need to adjust.”
 


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