Sweden: Selected Issues

International Monetary Fund

No 2005/344, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper for Sweden reports that the gradual introduction of a detailed fiscal framework accompanied the successful consolidation effort over the last decade in Sweden. The framework includes a surplus target of 2 percent of GDP for the general government, multiyear expenditure ceilings for central government, and a balanced budget requirement for local governments. Reliance on the expertise of an independent agency for the implementation of the fiscal framework could further enhance transparency and strengthen enforcement.

Keywords: ISCR; CR; central government; expenditure ceiling; government; labor supply; wage compression; tax expenditure; participation rate; child care; Labor supply; Fiscal governance; Women; Europe (search for similar items in EconPapers)
Pages: 59
Date: 2005-09-15
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Citations: View citations in EconPapers (3)

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