Sweden - From Macroeconomic Failure to Macroeconomic Success

46 Pages Posted: 26 Apr 2012

See all articles by Lars Calmfors

Lars Calmfors

Research Institute of Industrial Economics; IIES

Date Written: April 25, 2012

Abstract

Major economic reforms have been carried through in Sweden during the last two decades. Most of the reforms have been made in response to long-standing rather than to acute problems. There has usually been a strong perception among economists, policy makers and the general public of the problems that the reforms have sought to address. Reforms in other countries have sometimes provided inspiration. Most of the reforms were based on a broad political consensus. A heavy input from economic research has often been used as a basis for change.

Keywords: economic reforms, political economy, deregulations, tax reform, labour market reforms, fiscal framework

JEL Classification: E660

Suggested Citation

Calmfors, Lars, Sweden - From Macroeconomic Failure to Macroeconomic Success (April 25, 2012). CESifo Working Paper Series No. 3790. Available at SSRN: https://ssrn.com/abstract=2045988

Lars Calmfors (Contact Author)

Research Institute of Industrial Economics ( email )

Box 55665
Grevgatan 34, 2nd floor
Stockholm, SE-102 15
Sweden
+46761355814 (Phone)

IIES ( email )

Stockholm, SE-10691
Sweden
+468163076 (Phone)

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