Sweden: Staff Report for the 1999 Article IV Consultation
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. 1999/094
Subject:
Employment Inflation targeting Labor Labor markets Monetary policy Wages
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
Pages:
51
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