{"id":275,"date":"2011-02-07T15:41:32","date_gmt":"2011-02-07T13:41:32","guid":{"rendered":"http:\/\/fromlet.bbsresearch.se\/?p=275"},"modified":"2011-02-07T15:41:32","modified_gmt":"2011-02-07T13:41:32","slug":"the-swedish-tiger-economy-dream-or-reality-sverige-som-tigerekonomi-drom-eller-verklighet","status":"publish","type":"post","link":"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?p=275","title":{"rendered":"The Swedish Tiger Economy \u2013 Dream or Reality? Sverige som tigerekonomi \u2013 dr\u00f6m eller verklighet?"},"content":{"rendered":"<p><strong><em>Sammanfattning<\/em><\/strong><\/p>\n<p>Sverige betecknas allt oftare som en tigerekonomi. Visst kan vi gl\u00e4dja oss en kort stund \u00e5t detta \u2013 framf\u00f6r allt utomlands \u2013 uppfunna och uppskattade epitetet. Det vore dock farligt om svenska politiker tog dessa h\u00f6gst inofficiella utn\u00e4mning som mer \u00e4n en liten uppmuntrande klapp p\u00e5 axeln. \u00c4ven media borde snart ta det n\u00e5got lugnare med termen \u201dsvensk tigerekonomi\u201d. I annat fall har man \u00e4nnu inte riktigt f\u00f6rst\u00e5tt, hur globaliseringen verkligen fungerar. Den allt tuffare globala marknaden kr\u00e4ver st\u00e4ndiga ekonomisk-politiska f\u00f6rb\u00e4ttringsarbeten. Dagens meriter r\u00e4cker inte s\u00e4rskilt l\u00e4nge.<\/p>\n<p><strong>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/strong><\/p>\n<p>In recent weeks, Sweden has been mentioned quite frequently as a tiger economy in different international circles due to its considerable recent GDP increase in percent (Q3 2010: 6.9 percent). It is, of course, a little bit flattering when foreign politicians, journalists and economists appreciate Swedish policy efforts and good GDP results. I also know that Sweden will get some further recognition later on this year as the most successful economy in 2010.\u00a0 We should, however, be humble for several reasons:<\/p>\n<p><em>First, <\/em>international analysts are often focusing too much on only a few macroeconomic variables \u2013 thus neglecting microeconomic and institutional conditions. This time, very much of the general judgment certainly is based on the good Swedish fiscal situation and on pure (strong) GDP-growth figures in 2010 (around 5.5 percent). Sure, the public fiscal stance is something to be really proud of. But it seems to be forgotten by the \u201ctiger-economy supporters\u201d that Sweden still belongs to the weakest countries in EU when it comes to (real) employment of young people, and that GDP change in 2009 really was disappointing (- 5.6\u00a0\u00a0 percent).<\/p>\n<p><em>Second, <\/em>the Swedish corporate sector has interpreted the recognition as a \u201ctiger economy\u201d less enthusiastic than certain economists and parts of the press. This is because companies are closer to reality.\u00a0 <em>\u00a0<\/em><\/p>\n<p><em>Third, <\/em>for talking more about reality, the corporate sector knows well about certain microeconomic and institutional shortcomings which \u201cnobody\u201d\u00a0 wants to address clearly enough these days. This may concern parts of the labor market, taxes, bureaucracy, high schools, certain areas of academic education, etc.<\/p>\n<p><em>Forth, <\/em>one should not forget &#8211; when looking at history &#8211; that quite a number\u00a0 of previous economic tigers at some point turned into snails because of policy failures, reform reluctance, and complacency. This historical experience should be transmitted to analysts and Swedish politicians on all levels, including the opposition and local political levels.\u00a0\u00a0<\/p>\n<p><em>Fifth, <\/em>according to my own view, the term \u201ctiger economy\u201d assumes spectacular GDP growth during quite a number of years. In the Swedish case, it\u2019s still a bumpy road and a long time to get to such a status. I do doubt that Swedish GDP can grow by 4 or 5 percent\u00a0 during several years in a row. This conclusion is not contrary to the fact that the Swedish economy has become strong in quite a number of respects. Anyway, continuous policy improvements are necessary in the future, too. This is reality. Thus, we should stop dreaming about belonging to the tigers (which \u2013 also naturally \u2013 are at home in Asia).<\/p>\n<p>The animal we should be looking for and dreaming about \u2013 instead of tigers &#8211; should be strong, smart, flexible but also persistent, cautious when necessary, non-aggressive and co-operative.<\/p>\n<p>Is there a zoologist who can give me a hint?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sammanfattning Sverige betecknas allt oftare som en tigerekonomi. Visst kan vi gl\u00e4dja oss en kort stund \u00e5t detta \u2013 framf\u00f6r allt utomlands \u2013 uppfunna och uppskattade epitetet. Det vore dock farligt om svenska politiker tog dessa h\u00f6gst inofficiella utn\u00e4mning som mer \u00e4n en liten uppmuntrande klapp p\u00e5 axeln. \u00c4ven media borde snart ta det n\u00e5got [&hellip;]<\/p>\n","protected":false},"author":352,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-275","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>The Swedish Tiger Economy \u2013 Dream or Reality? Sverige som tigerekonomi \u2013 dr\u00f6m eller verklighet? - Baltic Business Research<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?p=275\" \/>\r\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"The Swedish Tiger Economy \u2013 Dream or Reality? Sverige som tigerekonomi \u2013 dr\u00f6m eller verklighet? - Baltic Business Research\" \/>\r\n<meta property=\"og:description\" content=\"Sammanfattning Sverige betecknas allt oftare som en tigerekonomi. Visst kan vi gl\u00e4dja oss en kort stund \u00e5t detta \u2013 framf\u00f6r allt utomlands \u2013 uppfunna och uppskattade epitetet. 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