The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This Selected Issues paper analyzes the strengths and weaknesses of the fiscal framework of Sweden, and discusses some guidelines for their modification. It describes the Swedish experience under the new fiscal framework, and documents the increasing expenditure profile during the economic boom. It describes the basic rationale for fiscal rules, different types of fiscal rules, and also provides suggestions for improving the framework.