Macroeconomic A Country case study

Collectively research and present, and individually write a ‘Sweden Country Report‘: Summarize key features and give key statistical indices. Analyze and where appropriate explain the most important peculiarities and problems, and identify key aims and issues for the macroeconomic policy of that particular nation.

Sweden is one of the world’s most highly developed industrialized economic with highly-skilled labour force as well as the healthy growth of banking system, high GDP per capita, a potential development strategy accompanied with a concrete balance of trade covering with low inflation. Sweden also largely known by the whole work of its intelligent neutral economy that helps them to stand out of the battle during the Second World War. It is also the world-leading research and development department that results in its main exports according to the OECD was refined petroleum, car, packaged medicaments and telephone. (‘’Sweden”, n.d.) Overall, this is an ideal destination for refugees and asylum seekers and in reality according to BBC, it accounted for 10% of Sweden’s total population. (‘’Sweden profile,’’ 2013)

In the future, Sweden has developed a potential strategy to maintain the economy’s concrete growth that includes maintaining the leading research and development nation, increasing the human capital by supply-side policy that concentrate its budget on education, healthcare and R&D. The strategy also aims to provide a healthy economic through fiscal policy and reduce the stress for a company through taxation to encourage more FDI. (“Government communication,” 2003)

Sweden is one of the nations with a positive balance of trade that endures long. The reason for that is the whole economic growth is largely based on its exporting so it is their strength; the net balance in 2013 is SEK 1.4 billion equal to 219 million dollars compare to 0.3 SEK billion in 2012 – 47 million dollars. (Statistics Sweden, 2013)