Research Paper on:
Economy of Sweden

Unformatted Sample Text from the Research Paper:
that prescribed in classical theory as well as the way government policies seems to enhance or inhibit economic performance and efficiency. Problems that affect the nations economy today are  considered as well as a look at the economy from 1950 through 1990. THE SWEDISH ECONOMY Sweden is currently in an economic slump as is most of the international  economy at this time. Growth in the Swedish economy for 2002 is predicted to be at about 1.5 percent, and employment is not expected to pick back up until  the latter part of next year. It is hoped that by that time the demand in other countries around the world will have increased and that the 2003 outlook  for Sweden will be somewhere around the 2.6 percent mark (The Swedish Economy 2001). THE GROSS DOMESTIC PRODUCT The gross domestic product (GDP) is the most important economic indicator  published. Providing the broadest measure of economic activity, the gross domestic product is considered the "report card" of a nation. The major components of the gross domestic product  are consumption, investment, and government purchases and net exports. The consumption spending represents approximately fifty six percent of the gross domestic product and is divided into three categories consisting  of durable goods, non-durable goods and services. The investment spending accounts for about fourteen percent of the gross domestic product and covers three categories, which are non-residential, residential, and the  change in business inventories. The worldwide plummet in the stock markets had its roots in the turmoil of the foreign exchange markets where interest rates were raised sharply. The  well-managed foreign exchange market and capital account insulated the Swedish stock markets to a great extent from the external shock. Many economists theorize that the global stock market crash