Occasional Papers

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Desmond Lachman, Ramana Ramaswamy, J. H. Green, Robert P. Hagemann, and Adam Bennett. Challenges to the Swedish Welfare State, (USA: International Monetary Fund, 1995) accessed 12/7/2025, https://doi.org/10.5089/9781557754868.084

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Summary

Sweden's economy in the early 1990s has been characterized by a deep recession, high unemployment, a ballooning public sector budgete deficit, and a decline in the value of the currency- developments that have raised questions about the country's capacity to sustain its comprehensive welfare state. This study provides an analysis of recent economic developments in a longer-term context and assesses their implications for future policies.

Subject: Expenditure, Export prices, Labor, Labor markets, Pension spending, Pensions, Prices, Public debt

Keywords: consumption shock, Europe, Export prices, government net wealth, labor market program, Labor markets, OP, pension, Pension spending, Pensions, recession, tax payment, trade performance