Sweden
Nela Miru
Conjunctura economiei mondiale / World Economic Studies, 2014
Abstract:
Although in 2013, on account of the improvement of the external economic climate, as a result of overcoming the negative effects caused by the sovereign debt crisis in the Euro zone, coupled with the growth of the national private consumption – that has recently become the main “engine†of the economic growth – the Swedish economy encountered an evolution that exceeded the previous forecasts of the national and international economic analysts, yet the economic growth has remained below its potential. For 2014-2015, the most recent estimates of the European experts indicate a gradual acceleration of the economic activity, supported both by the favorable evolution of private consumption and the intensification of productive investments (stimulated by the loosening of the monetary policy conditions) and also by the prospect of intensifying the external demand and, implicitly, an increase in the net exports, favored by the stabilization of European markets – the main export destinations for Swedish goods and services – but of the U.S economy, as well as of the emergent countries, other important trade partners of Sweden.
Keywords: Sweden economy; economic growth; GDP; economic outlook; economic forecast (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2014:id:2822000009586051
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