Impact of different variables on the economic growth of Sweden Dissertation

Impact of different variables on the scotch harvesting of Sweden - oration ExampleThis paper has conducted a comprehensive research on finding come forth the effects of appraise policies, employment and takes on the level of economic growth of Sweden. Using empirical data, it has been found that economic growth of Sweden does not depend on tax policy, employment status and wages. I. INTRODUCTION Sweden is a in truth economically signifi bottomt country in the world. Although it is a very small country, it experiences significant economic growth. A very interesting thing to note about Swedish economy is the dispute over the component of the economic system of Sweden. Its economic system can not be characterized as a get along socialism or pure capitalism. In Sweden private sector dominates in all production areas. In fact, around ninety percent of total production in this country is produced in private sector. looking for at the dominance of private sector, it seems that the re prevails full corporatism in Sweden. But the interesting thing is that bulk of production in private sector, around fifty percent, is exposed to state controls. Looking at this nature of Swedish economy, it is some times characterized as a system of welfare state socialism. Some, however, like to watch out this system as welfare state corporatism. ... Government undertakes various policies relating to tax, employment and wages. Tax accounts for a study place in fiscal policies. While in one hand, tax is an important source of tax revenue to the government, on the other hand it in like manner reduces consumer purchasing power by reducing disposable income. Hence, changes in tax policy will definitely have effect on consumer purchasing behavior, and therefore, on collect demand of the economy and consequently on GDP of the country. Employment and economic growth has a beefed-up association as well. In fact, there is a cyclical relationship between employment and economic gro wth where both are leechlike on one another. While the level of employment of a country is dependent to a large extent on the level of economic growth, economic growth is also affected by various employment policies. Economic growth of a country is also related to wage level. While some think that a path of low wage can lead to economic growth, some others feel that a high wage economy is more effectual in achieving higher growth. Hence the level of growth of an economy is also dependent on wage policies taken by the government. In Sweden government has a significant role to play in lordly various economic operations. Hence, economic growth of Sweden can well be expected to be dependent on various economic policies undertaken by the government of the country. Hence, it can be assumed that governmental policies in the areas of taxes, employment and wages, produce some impact on economic growth. Aim and objectives It would be, therefore, quite interesting, to find out how tax polic ies, employment and wages affect economic growth of Sweden. Since the economy of Sweden can not be characterized as a nation which is fully controlled