Sweden : 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden

1SWEEA2008001 Image
Price:  $18.00

Release Date: © August, 2008
ISBN : 978-1-45183-602-8
Stock #: 1SWEEA2008001
English
Stock Status: On back-order

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Description

This 2008 Article IV Consultation highlights that Sweden’s economy has performed well, but is sensitive to global demand. The activity is now moderating. Exports have benefited from sound competitiveness, but euro area and U.S. slowing is causing them to decelerate. Private consumption growth has been relatively smooth, as employment and wages have picked up, and disposable income further benefited from tax cuts. Employment growth reached 2 percent, and the unemployment rate declined from 8 percent in 2005 to 6 percent in early 2008.

Taxonomy

Economic policy , Fiscal policy , Monetary policy




More publications in this series: IMF Staff Country Reports