100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Summary Edexcel Economics A Country Case Studies £4.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. PEARSON (PEARSON)
  4.  
  5. Economics A
  6.  
  7. Unit 4 - A global perspective (9EC0)

Summary

Summary Edexcel Economics A Country Case Studies
 0 purchase

A detailed, A* level summary of the economic situation in a developed country (Sweden), developing country (China) and less developed country (Sierra Leone) with stats and information about key economic metrics such as growth and unemployment. Special emphasis is placed on Sierra Leone. Written ...

[Show more]

Preview 2 out of 6  pages

Document information

  • June 11, 2023
  • 6
  • 2022/2023
  • Summary

Subjects

Written for

All documents for this subject (132)

Seller

avatar-seller
aryanjolly

Content preview

Macroeconomic Country
Profiles
Edexcel Economics A

, Sweden🇸🇪
• Sweden is currently amidst a recession as
• Sweden has a current population of 10.2 the economy decreased in size by 4.6%
million making it the most inhabited during Q4 of 2022, the outlook is slightly
country in Scandinavia though 64% of the more positive as the economy is ex-
country is forest. pected to grow by 0.9% in Q3 and 1.9 in
• Its capital, Stockholm, has over 1.6 mil- Q4 of the current year. GDP is $635.7bn.
lion of these residents. • GDP per capita is currently $59,974,
• 96.72% of the population speak Swedish much more than the EU average which is
(the official language) and 53.97% also $48,900.
speak English. • The current gini coefficient of Sweden is
• It shares borders with Norway and Fin- 0.276 which stacks up well against other
land but the East coast of the country is world countries e.g the UK’s is 0.355.
along the Gulf of Bothnia making it an • This also means that the current poverty
easy place for imports and exports to be rate is just 0.6% of the population.
transported to and from. • It also has relatively low government debt
• Sweden also has a part of the E20, a being just 59% of GDP.
transport route constructed by the EU. It • The current unemployment rate is a prob-
allows people to travel from Copenhagen, lem with it being at 6.4% in Q4 of 2022
Denmark to Malmo (one of the largest but this was 1% lower than it was at the
cities in Sweden). same time a year prior.
• The large amount of forests in Sweden • Sweden’s major problem is its inflation
rate which surged to 12.3% (CPI) in De-
The Swedish economy is well placed in some aspects, but cember 2022.
the high level of inflation is at the root
of most of its economic problems. Swedish residents are experiencing a cost of living crisis simi-
lar to the one which we are experiencing in the UK as, even though inflation was 12%, housing
and utilities prices rose by 20.2% and food prices rose by 18%. This has culminated in consumer
prices rising by 2.1% in December alone, the latest increase since 1993.

It is hoped that the easing supply bottleneck as well as falling commodity and freight prices will
lead to inflation decreasing and this should increase consumer and business confidence leading
to more consumption and investment which should lead to the start of an economic recovery by
the end of 2023.

The Swedish economy could be considered paradoxical in a way. There is a large emphasis
placed on privatisation and free market competition which has seen a lot of deregulation in mar-
kets yet there is also a large welfare state which helps to redistribute incomes, hence why their


https://languageknowledge.eu/countries/sweden

https://www.worldometers.info/world-population/sweden-population/

https://jakubmarian.com/percentage-of-forest-area-by-region-in-europe/

https://www.britannica.com/place/Sweden/Economy

https://tradingeconomics.com/sweden/unemployment-rate

https://data.oecd.org/unemp/unemployment-rate.htm#indicator-chart

https://tradingeconomics.com/sweden/inflation-cpi

https://www.oecd.org/tax/tax-policy/revenue-statistics-sweden.pdf

https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=SE

https://www.macrotrends.net/countries/SWE/sweden/poverty-rate

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller aryanjolly. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £4.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71241 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling

Recently viewed by you

Exam (elaborations) ·

(0)

Chapter 31. Urinary Elimination and Care

Presentation ·

(0)

betoog slavernij geschiedenis / nederlands

Exam (elaborations) ·

(0)

PSI #1 Exam With 100% Correct Answers 2023

Summary ·

(2)

Grade 12 Chemistry Notes Acids and Bases

Exam (elaborations) ·

(0)

GCSS-Army Watercraft in GCSS-Army Test 1

Exam (elaborations) ·

(0)

HUM 111 Week 11 Quiz - Questions & Answers

Exam (elaborations) ·

(0)

Inleiding Recht antwoorden tentamencasus

Summary ·

(0)

samenvatting: volledige OLOD audiologie 1

Exam (elaborations) ·

(0)

Complete verslag 1.4.1 Levensloopanalyse

£4.99
  • (0)
Add to cart
Added