Sweden in 2004

            
 
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Case Details:

Case Code : ECOA120
Case Length : 15 Pages
Period : 2004
Organization : -
Pub Date : 2004
Teaching Note :Not Available
Countries : Sweden
Industry : -

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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



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Excerpts Contd...

Social Policies

The Swedish model, essentially represented a high level of state provision of welfare and pension security financed by a high degree of economic liberalization that aimed at increasing output, employment and tax revenues. But, the model was not built to take into account the pressures of globalization and shifting demographics. A low post war birth rate, attributed by some to Sweden's famous sexual liberation of the 1960s and a higher than normal percentage of older males, a consequence of the country's Second World War neutrality had left Sweden with a shortage of young people willing to do low to middle level jobs and a large proportion of fit, elderly folk entitled to retire on very generous pensions when they reached 60...

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Politics and Government

The Swedish constitution was based on three fundamental principles: the sovereignty of the people, representative democracy and parliamentary government. The parliament (Riksdag) exercised its democratic power through the government. In 1970, the bicameral system of parliament was replaced with a directly elected single chamber, which had 349 members...

Future Outlook

The sustainability of the Swedish model was critically dependent upon the ability of the government to maintain high levels of public spending using tax receipts from high earning businesses, which employed 80 per cent of the population...

Exhibits

Exhibit I: Fact Sheet
Exhibit II: Economic Data
Exhibit III: Exports & Imports
Exhibit IV: General Elections Results
Exhibit V: Social Indicators and Living Standards - 2003

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