OECD's 1973 Economic Survey of Sweden examines departures from past trends, changes in the labour market, and the Swedish economy in 1973 before drawing a series of conclusions.
The French economy rebounded quickly following the COVID-19 crisis, in particular thanks to the acceleration of the vaccination campaign and strong public support measures. Rapid and effective implementation of the recovery and investment plans would help support stronger and more sustainable growth.
After a good performance until 2016, growth slowed in the first half of 2017. The unemployment rate has fallen to below 4.5%, but real wages are in a downward trend. Planned Brexit has raised uncertainty and dented business investment. Negotiating the closest possible EU-UK economic relationship...
OECD's 1976 Economic Survey of Sweden examines 1975 developments, labour market and employment policy, demand management policies and the outlook for 1976 before drawing a series of conclusions.
Swiss citizens continue to enjoy high living standards on a range of dimensions. Economic growth has slowed but the healthy labour market is still supporting incomes and consumption. However, risks to the outlook are building. Monetary policy has been very accommodative but low interest rates are adding to financial risks. Fiscal policy is sound and debt low. There is scope to make greater use of available fiscal space. Adapting to population ageing is becoming pressing. This trend, along with digital transformation, will bring new opportunities for the economy and society, but challenges as well. Policies have not kept up with rising life expectancy, particularly the statutory retirement age. Updating the pension system and lowering barriers to working longer would ensure that workers continue to receive adequate incomes during retirement. Ageing will also pressure health care spending and increase demand for long-term care. Policies to contain costs and reduce fragmentation in the system can help maintain access to quality care. Switzerland is well placed to seize the opportunities offered by new technologies. Addressing the barriers to adoption, improving the availability of information and helping workers adapt will enable firms, individuals and governments to reap the benefits of digitalisation. SPECIAL FEATURE: POLICIES FOR AN AGEING SOCIETY
Once heralded in the 1950s and 1960s as a model welfare state, Sweden is now in transition and in trouble since its economic plunge in the early 1990s. This volume presents ten essays that examine Sweden's economic problems from a U.S. perspective. Exploring such diverse topics as income equalization and efficiency, welfare and tax policy, wage determination and unemployment, and international competitiveness and growth, they consider how Sweden's welfare state succeeded in eliminating poverty and became a role model for other countries. They then reflect on Sweden's past economic problems, such as the increase in government spending and the fall in industrial productivity, warning of problems to come. Finally they review the consequences of the collapse of Sweden's economy in the early 1990s, exploring the implications of its efforts to reform its welfare state and reestablish a healthy economy. This volume will be of interest to policymakers and analysts, social scientists, and economists interested in welfare states.
OECD's 1974 Economic Survey of Sweden examines the Swedish economy in 1973, recent trends and short-term prospects, and medium-term trends and policy issues before drawing a series of conclusions.
In The Swedish Experiment Assar Lindbeck characterizes the economic and social system in Sweden in terms of a number of institutional features by which Sweden has differed from most other developed countries. They refer mainly to the division of responsibilities between the private and the government sector, in particular with respect to economic security, employment, income distribution, consumption and investment. The book concludes by asking whether the Swedish experiment is gradually unwinding and, if so, why. The Swedish Experiment is written in a nontechnical fashion and should be of great interest not only to professional economists, but also to students of economics and other social sciences as well as to general readers.