Sweden: Selected Issues
August 5, 2003
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This Selected Issues paper analyzes the strengths and weaknesses of the fiscal framework of Sweden, and discusses some guidelines for their modification. It describes the Swedish experience under the new fiscal framework, and documents the increasing expenditure profile during the economic boom. It describes the basic rationale for fiscal rules, different types of fiscal rules, and also provides suggestions for improving the framework.
Subject: Budget planning and preparation, Expenditure, Fiscal governance, Fiscal policy, Fiscal rules, Public financial management (PFM)
Keywords: borrowing authority, Budget planning and preparation, CR, expenditure ceiling, expenditure rule, finance committee, finance minister, Fiscal governance, fiscal policy, Fiscal rules, government deficit, government duration, government expenditure, ISCR, revenue boom, Social Democratic government, tax revenue
Pages:
41
Volume:
2003
DOI:
Issue:
231
Series:
Country Report No. 2003/231
Stock No:
1SWEEA0022003
ISBN:
9781451835953
ISSN:
1934-7685
