The Swedish Macroeconomic Policy Framework

Reprint No. 2015:71

Author(s): Lars CalmforsYear: 2015 Title: Oxford Handbook of Swedish Politics Chapter: 44Editor(s): Jon PierrePublisher: Oxford University PressCity: Oxford, UK Pages: 592–611
Online article (restrictions may apply)
Preliminary version

This chapter describes the monetary and fiscal policy frameworks in Sweden and analyses how they were established as well as current challenges. Sweden provides a good example of how deep economic crisis, in interaction with independent thinking by academics and other experts as well as policy influences from abroad, can lead to fundamental reforms of policy frameworks. It remains to be seen whether it will be possible in Sweden to adapt the monetary and fiscal frameworks to changed circumstances, while still preserving the benefits they have delivered.

Calmfors, Lars (2015), "The Swedish Macroeconomic Policy Framework". Chapter 44, pp. 592–611 in Jon Pierre, ed., Oxford Handbook of Swedish Politics. Oxford, UK: Oxford University Press.

Lars Calmfors


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Integrating Immigrants into the Nordic Labour Markets

An Overall Perspective


Denmark, Finland, Norway and Sweden face similar problems of integrating large groups of immigrants, especially low-educated ones from outside the EU, into their labour markets. In this volume, edited by Lars Calmfors, IFN, and Nora Sánchez Gassen in cooperation with researchers from across the Nordic Region analyse how labour market integration of immigrants can be promoted. 

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