Wednesday, June 6, 2012

Blog 4: The successful Sweden Economy.



          We are currently living in a economical crisis, but some countries are doing better than others, like Sweden. Indeed, thanks to its economy and its unique model, Sweden is a substantial leader in Scandinavia countries, in Europe but also worldwide. How Sweden has become a real an economic power and has gotten an efficacy economic model, this is what the article tries to answer.

Sweden has an economies model, which allows obtaining growth rates of around 6% while reducing unemployment and public debt to 40% of GDP. This result is unique in the Europe countries but also in other countries.

According to Fredrik Reinfeldt the finance minister arrived in 2006 and Anders Borg, Sweden has became one of the big manufacturing exporters. According to the Minister Reinfeldt, a fiscal policy model has been implemented to mitigate risk and make this country strong. Another element of this success is obviously the Swedish social model. Indeed, "Reinforcing the work ethic" was a priority according to Mr. Borg, who promotes and acts to the decline of welfare benefits and taxes. Furthermore, we have observed the increase of employment in Sweden thanks to all measures, which have been taken previously.

Many governments seem to be interested in this model, as Mr Cameron who wants to copy the Swedish educational and social health care model. Immigration is also one key to success because most of the immigrant work and there are no laws to control it. Swedish Social Democratic seems to have succeeded. Moreover, the elections for the next government in 2014, should don’t change anything. Sweden should not stop this power when we know the number of governments, which care and are interested about it. This country seems to have got all keys to success and become and remain a country which is an economic power.





Link to the web site.

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