2015 OECD Economic Surveys: Sweden 2015

image of OECD Economic Surveys: Sweden 2015

This OECD Economic Survey of Sweden examines recent economic developments, policies and prospects. Special chapters cover growth and skills.


Strengthening the foundations for growth

Productivity growth, which is key to sustaining competitiveness and high employment, has slowed in recent years. This reflects cyclical but also structural factors, notably the increasing role of services, heightened international competition and the exhaustion of gains from previous deregulation. Barriers to competition and entrepreneurship remain high in some areas, including regulatory procedures regarding licences and permits, and land-use planning. Bottlenecks appear in road and rail transport. Public support for innovation is strong but remains fragmented and faces the challenge of adapting to an economy in which services and SMEs play a growing role. The government has recently set up an Innovation Council to identify obstacles to innovation and improve co-ordination between policies and actors.



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