About Sweden

"Sweden is one of the most productive and competitive economies in the world"

From the The Global Competitiveness Report 2010-2011 © 2010 World Economic Forum:

Sweden has moved ahead of Singapore and the United States to claim 2nd position this year. The country benefits from the world’s most transparent and efficient public institutions, with very low levels of corruption and undue influence and a government that is considered to be one of the most efficient in the world: public trust of politicians is ranked a high 3rd. Private institutions also receive excellent marks (ranked 3rd), with firms that demonstrate the utmost ethical behavior (ranked 1st), strong auditing and reporting standards, and well-functioning corporate boards. Goods and financial markets are also very efficient, although labor markets lack flexibility. Combined with a strong focus on education over the years (ranked 2nd for higher education and training) and the world’s strongest technological adoption (ranked 1st in the technological readiness pillar), Sweden has developed a very sophisticated business culture (2nd) and is one of the world’s leading innovators (ranked 5th). These characteristics come together to make Sweden one of the most productive and competitive economies in the world.