Sweden: 2006 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden

Volume/Issue: Volume 2007 Issue 052

Publication date: February 2007

ISBN: 9781451836004

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Inflation , Labor , Economics- Macroeconomics , Public Finance , ISCR , CR , government , Riksbank , fiscal policy fade , exchange rate , potential GDP , government stake , government's reform , IMF staff estimate , Labor markets , Employment , Inflation , Fiscal stance , Global

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Summary

This 2006 Article IV Consultation highlights that a broad-based economic upturn is under way in Sweden, spurred by strong global growth and supportive fiscal and monetary policies. Private consumption has served as the engine of expansion, supported by resurgence in investment and buoyant exports. The momentum of the current recovery is expected to continue, although to ease back in 2007–08 in the face of capacity constraints and fading policy stimulus. Growth is also expected to ease back in 2007–08.