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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.
The Council also promote a public debate on economic policy, and evaluate economic forecasts on which economic assessments by the Government are based. This is primarily done with the annual publication of a report, through conferences, and studies on the Swedish fiscal policy. [1] [2] [3]
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 ...
The Ministry of Economics [1] (Swedish: Ekonomidepartementet) was a ministry in Sweden established in 1976. The ministry dealt with long-term guidelines for economic policy, the principle orientation of financial and credit policy, international economic cooperation, statistics, questions regarding banking and insurance, the stock exchange and the monetary system.
Data released Wednesday by Statistics Sweden showed that the country's gross domestic product declined by 0.3% in the period ending in October. “The GDP decreased for the second quarter in a row.
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