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Sweden - from Macroeconomic Failure to Macroeconomic Success

Author

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  • Lars Calmfors

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.

Suggested Citation

  • Lars Calmfors, 2012. "Sweden - from Macroeconomic Failure to Macroeconomic Success," CESifo Working Paper Series 3790, CESifo Group Munich.
  • Handle: RePEc:ces:ceswps:_3790
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    File URL: http://www.cesifo-group.de/DocDL/cesifo1_wp3790.pdf
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    References listed on IDEAS

    as
    1. Lars Calmfors & Simon Wren‐Lewis, 2011. "What should fiscal councils do?," Economic Policy, CEPR;CES;MSH, vol. 26(68), pages 649-695, October.
    2. Anita Wölfl & Isabelle Wanner & Tomasz Koźluk & Giuseppe Nicoletti, 2009. "Ten Years of Product Market Reform in OECD Countries: Insights from a Revised PMR Indicator," OECD Economics Department Working Papers 695, OECD Publishing.
    3. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
    4. Lars Calmfors & Anna Larsson Seim, 2013. "Pattern Bargaining and Wage Leadership in a Small Open Economy," Scandinavian Journal of Economics, Wiley Blackwell, vol. 115(1), pages 109-140, January.
    5. Mårten Palme & Ingemar Svensson, 2007. "Financial Implications of Income Security Reforms in Sweden," NBER Chapters,in: Social Security Programs and Retirement around the World: Fiscal Implications of Reform, pages 413-458 National Bureau of Economic Research, Inc.
    6. Harald Edquist, 2011. "CAN INVESTMENT IN INTANGIBLES EXPLAIN THE SWEDISH PRODUCTIVITY BOOM IN THE 1990s?," Review of Income and Wealth, International Association for Research in Income and Wealth, pages 658-682.
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    Cited by:

    1. Andersson, Fredrik & Heyman, Fredrik & Norbäck, Pehr-Johan & Persson, Lars, 2016. "Large Scope Business Sector Reforms: Has the Swedish Business Sector Become More Entrepreneurial than the U.S. Business Sector?," Working Paper Series 1147, Research Institute of Industrial Economics.
    2. Flodén, Martin, 2013. "A role model for the conduct of fiscal policy? Experiences from Sweden," Journal of International Money and Finance, Elsevier, vol. 34(C), pages 177-197.

    More about this item

    Keywords

    economic reforms; political economy; deregulations; tax reform; labour market reforms; fiscal framework;

    JEL classification:

    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions

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