Sweden, which occupies the eastern part of the Scandinavian Peninsula, is the fourth-largest country in Europe and is one-tenth larger than California. The country slopes eastward and southward from the Kjólen Mountains along the Norwegian border, where the peak elevation is Kebnekaise at 6,965 ft (2,123 m) in Lapland. In the north are mountains and many lakes. To the south and east are central lowlands and south of them are fertile areas of forest, valley, and plain. Along Sweden’s rocky coast, chopped up by bays and inlets, are many islands, the largest of which are Gotland and Oland. This country is having the area of 449964 sq km slightly larger than California. STOCKHOLM is the capital.They are having the Constitutional monarchy type of government and also have parliamentary democracy.

PESTEL ANALYSIS OF THE SWEDEN:

As in this country the government is having the constitutional monarchy and has parliamentary democracy. In the economy of the there is a big swap after 1991.

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This economy is enriched by the sources of the timer, hydropower and iron ore.

POLITICAL ANALYSIS:

Ordinary general elections to the Swedish Parliament are held every fourth year on the third Sunday in September. County council and municipal council elections take place at the same time. A party must receive at least 4% of the votes in the entire country or 12% in a single electoral district to qualify for any seats in Parliament.Sweden is a constitutional monarchy in which King Karl XVI Gustaf is main head of the state. Sweden is the unitary state currently divided into the 21 countries.Each country has a country administrative board, which is a government appointed board. Its led by a governor appointed for period of six years. The main responsibilities of the County Administrative Board are to coordinate the development of the county in line with goals set in national politics. In each county there is also a County Council or landsting which is a policy-making assembly elected by the residents of the county.

Constitutionally, the 349-member Riksdag (Parliament) holds supreme authority in modern Sweden. The Riksdag is responsible for choosing the prime minister, who then appoints the government (the ministers). The legislative power is only exercised by the Riksdag.

Legislation may be initiated by the cabinet or by members of Parliament. Members are elected on the basis of proportional representation for a four-year term. The Constitution of Sweden can be altered by the Riksdag, which requires a simple but absolute majority and two decisions with general elections in between. Sweden has three other constitutional laws:

The Act of Royal Succession,

The Freedom of Press Act and

The Fundamental Law on Freedom of Expression.

ECONOMIC ANALYSIS:

GDP (2010 est., nominal): $438.8 billion.

GDP (2010 est., per capita purchasing power parity): $37,032.

GNI (2009, per capita purchasing power parity): $38,560.

Annual GDP growth rate (2010 est.): 4.5%.

Exchange rate (September 2010): Swedish kronor (SEK) per U.S. dollar = 7.073.

Exchange rate (January-September 2010 avg.): Swedish kronor (SEK) per U.S. dollar = 7.3475.

Inflation rate (2010 est.): 1.4%.

Natural resources: Forests, hydroelectric power, iron ore, copper, lead, zinc, gold, silver, tungsten, uranium, arsenic, feldspar, timber.

Industry (2010): Approximately 26.6% of GDP.

TYPES: machinery/metal products (iron and steel), electrical equipment, aircraft, paper products, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods.

Services (2010): Approximately 71.8% of GDP. Types–telecommunications, computer equipment, biotech.

Trade:

Exports (2010)–SEK 728.2 billion (U.S. $102.9 billion).

Major trading partners, exports (2010)-Germany,

Norway,

U.K.,

U.S.,

Denmark,

Finland,

France,

Netherlands,

China.

Imports (2010)–SEK 687.6 billion (U.S. $97.2 billion).

Types–machinery and transport equipment, 41.8%; food, clothing, textiles and furniture, 19.6%; mineral fuels and electric current, 13.5%; chemicals and rubber products, 12.8%; minerals, 9.2%; wood and paper products, 3.1%.

Major trading partners, imports (2010)-

Germany,

Norway,

Denmark,

Netherlands,

U.K.,

Finland,

Russia,

France,

Belgium,

China.

The typical worker receives 40% of his income after the tax wedge. The slowly declining overall taxation, 51.1% of GDP in 2007, is still nearly double of that in the United States or Ireland. The share of employment financed via tax income amounts to a third of Swedish workforce, a substantially higher proportion than in most other countries.