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Five Economic Lessons from Sweden, the Rock Star of the Recovery

Five Economic Lessons from Sweden, the Rock Star of the Recovery
Almost every developed nation in the world was hit by the financial crisis, their economies became paralyzed. And then there's Sweden. The Scandinavian nation has accomplished what the United States, Britain and Japan can only dream of: Growing rapidly, creating jobs and gaining a competitive edge. The banks are lending, the housing market booming. The budget is balanced.

Almost every developed nation in the world was hit by the financial crisis. Their economies became paralyzed. And then there's Sweden.

The Scandinavian nation has accomplished what the United States, Britain and Japan can only dream of: Growing rapidly, creating jobs and gaining a competitive edge. The banks are lending, the housing market booming. The budget is balanced.

(READ the story from the Washington Post)

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