Sweden : Staff Report for the 1999 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

September 2, 1999

Electronic Access:

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Summary:

This 1999 Article IV Consultation highlights that Sweden’s real GDP growth accelerated to 2.9 percent in 1998, as a result of a strengthening of domestic demand. Private consumption was aided by sizable real wage increases, declining unemployment, increased government transfers to households, and rising asset prices, while investment was boosted by a combination of improved profit conditions, a healthy economic outlook, and lower interest rates. Employment rose by 1½ percent in 1998, and by a further 2 percentage points during the first half of 1999.

Series:

Country Report No. 99/94

Subject:

Notes:

Contains the text of Public Information Notice No. 99/87--IMF Concludes Article IV Consultation with Sweden and a statement by Mr. Kai Aaen Hansen, Executive Director, on August 25, 1999.

English

Publication Date:

September 2, 1999

ISBN/ISSN:

9781451835861/1934-7685

Stock No:

1SWEEA0011999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

51

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