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This paper reviews the Staff-Monitored Program (SMP) for the Union of the Comoros. The authorities’ program for 2005 is focused on macroeconomic stabilization. This is predicated on a consolidated budget entailing a domestic fiscal adjustment slightly above 3 percent of GDP. Monetary policy...
Persistent link: https://www.econbiz.de/10014405653
This 2004 Article IV Consultation highlights that the downturn experienced by the Swedish economy in 2002–03 was relatively mild, with growth remaining well above the European Union average. Expansionary fiscal policy in 2002 underpinned private consumption. Private investment, however,...
Persistent link: https://www.econbiz.de/10014404854
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 …
Persistent link: https://www.econbiz.de/10014405162
Sweden’s 2005 Article IV Consultation reports that strong productivity gains, wage moderation, and falling nonenergy …
Persistent link: https://www.econbiz.de/10014405623
The Selected Issues paper analyzes tax policy trends at the local level in Sweden and assesses the effectiveness of the … vertical fiscal policy coordination system. The study reviews Sweden’s local public finances from an international perspective …
Persistent link: https://www.econbiz.de/10014405786
This 2006 Article IV Consultation highlights that a broad-based economic upturn is under way in Sweden, spurred by …
Persistent link: https://www.econbiz.de/10014405925
This paper presents key findings of Sweden’s Financial System Stability Assessment, including Reports on the Observance …, Insurance Regulation, and Payment Systems. The assessment reveals that Sweden has an advanced and overall sound financial system … that complies well with international standards and codes. Sweden confronts an environment that is less benign than in …
Persistent link: https://www.econbiz.de/10014406208
This Selected Issues paper on Sweden analyzes possible adjustments to the fiscal framework that the authorities may … wish to consider. The paper starts with a brief description of Sweden’s fiscal framework, followed by an assessment of the … framework’s strengths and weaknesses. The scope for stabilization policy in Sweden is analyzed. The paper describes the …
Persistent link: https://www.econbiz.de/10014406368
weakness led to slower growth of Sweden in 2001. Private consumption stagnated despite rising disposable income, owing to …
Persistent link: https://www.econbiz.de/10014406369
The Swedish economy recovered from the crisis, assisted by a sizable fiscal stimulus. Executive Directors commended the fiscal and monetary frameworks, skillful and proactive management of monetary policy of the Riksbank, the soundness of the financial system, and stressed the need to accelerate...
Persistent link: https://www.econbiz.de/10014406575