t Party (VP; Communist), Gudrun SCHYMAN; Communist
Workers' Party, Rolf HAGEL; Green Party, no formal leader
Member of:
AfDB, AG (observer), AsDB, Australian Group, BIS, CBSS, CCC, CE, CERN,
COCOM (cooperating), CSCE, EBRD, ECE, EFTA, ESA, FAO, G-6, G-8, G-9,
G-10, GATT, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IEA, IFAD, IFC,
ILO, IMF, IMO, INMARSAT, INTERPOL, INTELSAT, IOC, IOM, ISO, ITU,
LORCS, MTRC, NAM (guest), NC, NEA, NIB, NSG, OECD, ONUSAL, PCA, UN,
UNAVEM II, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIFIL, UNIKOM,
UNMOGIP, UNOMIG, UNOMOZ, UNOSOM, UNPROFOR, UNTAC, UNTSO, UPU, WFTU,
WHO, WIPO, WMO, ZC
Diplomatic representation in US:
chief of mission:
Ambassador Carl Henrik LILJEGREN
chancery:
Suites 1200 and 715, 600 New Hampshire Avenue NW, Washington, DC 20037
telephone:
(202) 944-5600
FAX:
(202) 342-1319
consulate(s) general:
Los Angeles and New York
US diplomatic representation:
chief of mission:
Ambassador Thomas SIEBERT
embassy:
Strandvagen 101, S-115 89 Stockholm
mailing address:
use embassy street address
telephone:
[46] (8) 783-5300
FAX:
[46] (8) 661-1964
Flag:
blue with a yellow cross that extends to the edges of the flag; the
vertical part of the cross is shifted to the hoist side in the style
of the Dannebrog (Danish flag)

@Sweden, Economy

Overview:
Aided by a long period of peace and neutrality during World War I
through World War II, Sweden has achieved an enviable standard of
living under a mixed system of high-tech capitalism and extensive
welfare benefits. It has a modern distribution system, excellent
internal and external communications, and a skilled labor force.
Timber, hydropower, and iron ore constitute the resource base of an
economy that is heavily oriented toward foreign trade. Privately owned
firms account for about 90% of industrial output, of which the
engineering sector accounts for 50% of output and exports. In the last
few years, however, this extraordinarily favorable picture has been
clouded by inflation, growing unemployment, and a gradual loss of
competitiveness in international markets. Although Prime Minister
BILDT's center-right minority coalition had hoped to charge ahead with
free-market-oriented reforms, a skyrocketing budget deficit - almost
14% of GDP in FY94 projections - and record unemployment have
forestalled many of the plans. Unemployment in 1993 is estimated at
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