Challenges to the Swedish Welfare State
By Desmond Lachman, Ramana Ramaswamy, J. H. Green, Robert P. Hagemann & Adam Bennett
- Release Date: 1995-10-06
- Genre: Business & Personal Finance
Description
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.