Sweden: Staff Report for the 1999 Article IV Consultation

September 2, 1999

Preview Citation

Format: Chicago

Sweden: Staff Report for the 1999 Article IV Consultation, (USA: International Monetary Fund, 1999) accessed November 29, 2024

Summary

This 1999 Article IV Consultation highlights that Sweden’s real GDP growth accelerated to 2.9 percent in 1998, as a result of a strengthening of domestic demand. Private consumption was aided by sizable real wage increases, declining unemployment, increased government transfers to households, and rising asset prices, while investment was boosted by a combination of improved profit conditions, a healthy economic outlook, and lower interest rates. Employment rose by 1½ percent in 1998, and by a further 2 percentage points during the first half of 1999.

Subject: Employment, Inflation targeting, Labor, Labor markets, Monetary policy, Wages

Keywords: Ceiling, CPI objective, CR, Employment, Europe, Expenditure ceiling, Government, Inflation targeting, ISCR, Labor market, Labor markets, Monetary policy formulation, Riksbank, Riksbank's inflation report, Wages

Publication Details

Pages:

51
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 1999/094
Stock No:

1SWEEA0011999
ISBN:

9781451835861
ISSN:

1934-7685

Notes

Contains the text of Public Information Notice No. 99/87--IMF Concludes Article IV Consultation with Sweden and a statement by Mr. Kai Aaen Hansen, Executive Director, on August 25, 1999.

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports