Sweden: 2021 Article IV Consultation-Press Release; and Staff Report

International Monetary Fund

No 2021/061, IMF Staff Country Reports from International Monetary Fund

Abstract: Sweden entered the pandemic with substantial buffers and suffered a relatively shallow recession in 2020. The decline in output was moderated by substantial income and liquidity support as well as structural features of the economy. Sweden’s initial less stringent containment strategy seems to have altered the timing of the economic fallout, which intensified towards the middle of the year. This fallout has particularly impacted the youth and foreign-born. Economic recovery is projected over the next two years, but uncertainty has increased due to the new strains of the virus and slow vaccination.

Keywords: liability positions vis-à-vis nonresident; money market rate; IMF staff calculation; statistics Sweden; monetary policy stance; Greenhouse gas emissions; Government finance statistics; Global (search for similar items in EconPapers)
Pages: 41
Date: 2021-03-25
New Economics Papers: this item is included in nep-mac
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