Presentation on theme: "Sweden’s Position in the Global Economy Swedish Globalization Forum May 2012 Christian Ketels."— Presentation transcript:
Sweden’s Position in the Global Economy Swedish Globalization Forum May 2012 Christian Ketels
Sweden’s Position in the Global Economy Scope of the Report How is Sweden’s economic performance in a global context? What are critical root causes for this performance that Swedish policy makers can affect? Base report going wide, not deep Provides synthesis, key data, and a framework Identifies key challenges for Sweden going forward ; suggests directions for action
The Conceptual Framework Prosperity Outcomes Global Economic Activity Institutions Performance Fundamentals Macro- economic Policies Business Environment Conditions Company Operations and Strategy MACROMICRO
The Shifting Face of Globalization The Role of Trade and FDI in the Swedish Economy TRADEFDI Relative to GDP Exports Imports Inward Stock Outward Stock Source: UNCTAD (2011), Statistics Sweden (2011), author’s analysis.
Cluster Sector Employment over Time Share of Total Employment Source: European Cluster Observatory (2012), author’s analysis. Sweden 11 EU countries
Macro Political Institutions Rule of Law Human Development Context for Strategy and Rivalry Related and Supporting Industries Demand Conditions Factor Input Conditions Micro Capital Comm. SkillsInnov. Admin. Social Infra- structure and Pol. Institutions Macroeconomic Policy Business Environment Quality Company Sophistication Source: Unpublished data from the Global Competitiveness Report (2011), author’s analysis. Competitiveness Profile of Sweden 2011 Logistic. < >15 Significant advantage Moderate advantage Neutral Moderate disadvantage Significant disadvantage Global Rank
Doing Business in Sweden Doing Business 2012 Rank Change in Rank vs Getting Electricity8-2 Trading Across Borders8 Registering Property19-3 Resolving Insolvency19 Dealing with Construction Permits23No change Protecting Investors29 Starting a Business46-6 Getting Credit48-3 Paying Taxes50-3 Enforcing Contracts54-2 Source: World Bank (2012)