{
  "title": "Challenges to the Swedish Welfare State",
  "publication": "Occasional Papers, October 6, 1995",
  "sourceUrl": "https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/challenges-to-the-swedish-welfare-state-616",
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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.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- 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.\n- This study provides an analysis of recent economic developments in a longer-term context and assesses their implications for future policies."
    },
    {
      "heading": "Core findings and context",
      "content": "- Economic conditions highlighted:\n  - \"deep recession\"\n  - \"high unemployment\"\n  - \"a ballooning public sector budgete deficit\"\n  - \"a decline in the value of the currency\"\n- The study situates these developments in a longer-term context to evaluate implications for the sustainability of Sweden's comprehensive welfare state."
    },
    {
      "heading": "Policy implications and analytical focus",
      "content": "- The paper assesses implications of early-1990s economic developments for future policies relating to:\n  - Expenditure\n  - Pension spending and Pensions\n  - Labor and Labor markets, including labor market program considerations\n  - Public debt and government net wealth\n  - Prices and Export prices\n  - Tax payment and trade performance\n- Keywords indicating analytical themes: consumption shock, Europe, Export prices, government net wealth, labor market program, Labor markets, OP, pension, Pension spending, Pensions, recession, tax payment, trade performance.\n\n---\n\n\nSource: https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/challenges-to-the-swedish-welfare-state-616"
    }
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    "Authors: Desmond Lachman, Ramana Ramaswamy, J. H. Green, Robert P. Hagemann, Adam Bennett",
    "Published: October 6, 1995",
    "Series: Occasional Papers",
    "DOI: https://doi.org/10.5089/9781557754868.084",
    "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.",
    "Economic conditions highlighted:",
    "The study situates these developments in a longer-term context to evaluate implications for the sustainability of Sweden's comprehensive welfare state.",
    "The paper assesses implications of early-1990s economic developments for future policies relating to:",
    "Keywords indicating analytical themes: consumption shock, Europe, Export prices, government net wealth, labor market program, Labor markets, OP, pension, Pension spending, Pensions, recession, tax payment, trade performance."
  ],
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