Sweden's Economy

Abstract: A 12 page paper discussing the economy of Sweden. Sweden's welfare state is legendary. The government provides support to individuals in virtually every aspect of their lives, yet without venturing so far into socialism that individuals are unable to determine and follow their own paths. The cost of free university education; health care for only a nominal fee; and 15 months maternity leave at 80 percent of salary is the highest personal and corporate tax rates in the world. Though tax rates of between 50 and 60 percent would be crushing in other nations and stall economies, they have worked quite well in Sweden in the past. There is concern that the situation can continue, but of course the Swedish government is aware of the challenges before it. Bibliography lists 5 sources.

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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