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Sweden has had an economic model in the post-World War II era characterized by close cooperation between the government, labour unions, and corporations. The Swedish economy has extensive and universal social benefits funded by high taxes, close to 50% of GDP. [ 37 ]
The Government of the Kingdom of Sweden (Swedish: Konungariket Sveriges regering) is the national cabinet of Sweden, and the country's executive authority.. The Government consists of the Prime Minister—appointed and dismissed by the Speaker of the Riksdag—and other cabinet ministers (Swedish: Statsråd), appointed and dismissed at the sole discretion of the Prime Minister.
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.
Sweden's economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country. Data released Wednesday by Statistics Sweden ...
The most important is the Instrument of Government of 1974 which sets out the basic principles of political life in Sweden, defining rights and freedoms. The Act of Succession is a treaty between the old Riksdag of the Estates and House of Bernadotte regulating their rights to accede to the Swedish throne.
During the period 1790-1815 Sweden experienced two parallel economic movements: an agricultural revolution with larger agricultural estates (land reclamation - Enclosure Act of Sweden), [4] the crown transferring areas to private farmers, new crops and farming tools and a commercialization of farming, and a protoindustrialisation, with small industries being established in the countryside and ...
But while the government insists it wants Sweden to play a key role in Europe's battery industry, and the wider green transition, it has been accused of sending mixed messages.
The name for Sweden is generally agreed to derive from the Proto-Indo-European root *s(w)e, meaning "one's own", referring to one's own tribe from the tribal period. [16] [17] [18] The native Swedish name, Sverige (a compound of the words Svea and rike, first recorded in the cognate Swēorice in Beowulf), [19] translates as "realm of the Swedes", which excluded the Geats in Götaland.