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
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2008/278
Subject:
Aging Banking Central bank policy rate Fiscal policy Fiscal stance Income Inflation National accounts Personal income Population and demographics Prices
Frequency:
Biannually
English
Publication Date:
August 11, 2008
ISBN/ISSN:
9781451836028/1934-7685
Stock No:
1SWEEA2008001
Pages:
56
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