Sweden - From Macroeconomic Failure to Macroeconomic Success
46 Pages Posted: 26 Apr 2012
Date Written: April 25, 2012
Major economic reforms have been carried through in Sweden during the last two decades. Most of the reforms have been made in response to long-standing rather than to acute problems. There has usually been a strong perception among economists, policy makers and the general public of the problems that the reforms have sought to address. Reforms in other countries have sometimes provided inspiration. Most of the reforms were based on a broad political consensus. A heavy input from economic research has often been used as a basis for change.
Keywords: economic reforms, political economy, deregulations, tax reform, labour market reforms, fiscal framework
JEL Classification: E660
Suggested Citation: Suggested Citation