07/07/2009 9:44:28 pm
Sweden - the Free-Market Powerhouse. Tonight, I presented a new EEI BRIEF, written by Fabian Wallen, senior advisor at the Confederation of Swedish Enterprise and Fellow at the EEI. It relates to the Swedish EU Presidency and aims to show what other European countries can learn from Sweden in terms of free-market reforms. The front page summary:

"Sweden is one of the most prosperous countries in the world. A century and a half ago, however, living standards in Sweden were comparable to those of Sierra Leone today. A series of early free-market reforms - not least in trade, banking and business regulation - made Sweden one of the fastest-growing economies of the world for decades. The success was reversed in the 1970s, following a massive expansion in government intervention. But during the last two decades, Sweden has once more liberalized, and is again one of Europe′s success stories. This EEI BRIEF describes the Swedish recipe for economic and social progress."

Read the paper here - >