Sweden: Selected Issues
International Monetary Fund
No 1997/096, IMF Staff Country Reports from International Monetary Fund
Abstract:
This Selected Issues paper on Sweden examines developments in the government structural balance. The paper identifies the respective contributions of cyclical and structural factors in the present fiscal consolidation phase. It reviews recent developments and the medium-term fiscal outlook. The paper presents estimates of the structural and cyclical components of the government financial balance. The factors responsible for the fiscal improvement anticipated over the medium term are analyzed. The paper also analyzes the medium-term outlook for public debt, with particular attention to the sensitivity of debt dynamics to different macroeconomic conditions.
Keywords: ISCR; CR; exchange rate; Sweden; EMU entry; nominal shock; EMU participant; single currency; revenue elasticity; outside EMU; output gap estimate; Real exchange rates; Exchange rates; Unemployment; Real interest rates; Europe (search for similar items in EconPapers)
Pages: 110
Date: 1997-10-31
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1997/096
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