Sweden: Staff Report for the 2012 Article IV Consultation
IMF Staff Country Reports, June 27, 2012
Source details
- Canonical URL
- Sweden: Staff Report for the 2012 Article IV Consultation
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Bibliographic details
- Published: June 27, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475506068.002
Overview
- Sweden’s recovery from the global crisis was swift reflecting its strong position at the onset of the crisis.
- The 2012 Article IV Consultation reports that the economic outlook remains clouded.
- Executive Directors commended Sweden’s sustained strong macroeconomic performance, underpinned by prudent policies and effective institutions.
- Efforts to strengthen the macroprudential framework and financial sector oversight through tighter capital and liquidity requirements were welcomed.
- Directors encouraged the authorities to further cross-border collaboration with regional banking regulators.
Findings and analysis
- Macroeconomic performance: sustained strong performance noted by Executive Directors.
- Financial sector: actions to tighten capital and liquidity requirements highlighted as positive.
- Risks and outlook: the economic outlook described as “clouded,” indicating notable uncertainty despite a swift recovery.
Policy recommendations and institutional guidance
- Strengthen macroprudential framework and financial sector oversight through tighter capital and liquidity requirements.
- Further cross-border collaboration with regional banking regulators encouraged.
Content in this bundle
- Sweden: 2012 Article IV consultation; IMF Country Report 12/154; June 4, 2012