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Trade and Economy
Swedens perspective
Sweden – one of the richest countries
• Sweden is one of the richest
countries in the world.
• Population of approximately...
After the second World War
• Sweden had a good economy
compared to the rest of the
world since Sweden was one of
the count...
Local example: Vällingby
• Vällingby was the first so called
ABC City. ABC is an acronym in
swedish meaning labour (Arbete...
The million program
• The Swedish government in
1965 decided to build a million
new homes, called “the million
program”.
•...
The 1990s and the crisis during 2000
• In 1992, the fixed exchange rate collapsed due to currency
speculation. In order to...
Local example: Kista
• The largest IT-centre in Sweden today,
located here in the northern part of
Stockholm.
• is a somew...
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Trade and economy presentation sweden

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Trade and economy presentation sweden

  1. 1. Trade and Economy Swedens perspective
  2. 2. Sweden – one of the richest countries • Sweden is one of the richest countries in the world. • Population of approximately 9.5 million people • Swedes pay a lot of their income in taxes, in a range between 30-50 % of your income. • We receive welfare in forms of an almost free medical care, free education, free or reduced fee for elderly care and different types of contribution for the disabled, sick etc.
  3. 3. After the second World War • Sweden had a good economy compared to the rest of the world since Sweden was one of the countries in Europe, which wasn't in ruins. • Even though Sweden wasn’t really destroyed by the war, we too got economic support from the United States: The Marshall Plan
  4. 4. Local example: Vällingby • Vällingby was the first so called ABC City. ABC is an acronym in swedish meaning labour (Arbete) housing (Boende) and centre (Centrum). • The purpose: the inhabitants would not have to leave the suburb to go to work or to shop. • Vällingby is an icon of the 1950s architecture and a fine example of the building of the Swedish welfare state as well as the most famous Swedish ABC suburb.
  5. 5. The million program • The Swedish government in 1965 decided to build a million new homes, called “the million program”. • After Sweden's long time period of a growing economy, we were hit by an industrial crisis in the mid-70s. It took form as a recession and was a period, which was characterized by unemployment, and had a very weak economic growth.
  6. 6. The 1990s and the crisis during 2000 • In 1992, the fixed exchange rate collapsed due to currency speculation. In order to defend the exchange rate the central bank raised the marginal rate to 500%. • Much of currency speculation was that ordinary businesses losing confidence in the krona and brought precaution out money to hedge future foreign payments. • This insanely high rate only lasted for three days and thereafter went back to 50 %. Sweden went through a tough economy. • Between 1995 and 2000, the ”dot-com bubble” occurred, which was a historic speculative bubble in the stock market.
  7. 7. Local example: Kista • The largest IT-centre in Sweden today, located here in the northern part of Stockholm. • is a somewhat later example of the ABC City and is one of the last suburbs built according to the million program. • In the year 2000 the politicians in Sweden launched new guidelines on how Sweden was going to be an IT society available for the whole population. The politicians believed that if we had a better information society, the democracy would be strengthened as well. To facilitate this policy, the authorities in Stockholm established the company Kista Science City AB

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