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The Swedish model has delivered good GDP growth, strong high-tech companies, some of the world's best exporters and a lavish welfare state.
Good GDP numbers were expected a day after The Economist went to press.During the financial crisis every line of the government's account books was rewritten, generally in the wrong direction.
For now, Brazil's macroeconomic outlook is good: GDP is expected to grow 3.5% this year, compared with 0.8% in 1999.
BATTIPAGLIA: There is a narrowing list of countries that I think will show good GDP growth in 2008 and 2009 that would attract more capital into them.
If they do do that, then yes, you'll see some slowdown in some of the coastal areas, but you still could have a good GDP number.
That strategy can provide good GDP numbers but it does relatively little in terms of promoting the true welfare of the Chinese people and in raising the long-run productivity of the economy.
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For instance, if firms are producing goods, GDP will go up even if no one is buying them and they are simply going into inventories.
Immigration may be a great good for GDP – but will all GDP growth still go to the top few percent, with all cost born by low earners?
Basu notes that too often those who argue in favour of reducing inequality and poverty do so by arguing that it "is actually good for GDP growth".
Rodrigo Rato thinks the South African economy is in pretty good shape; GDP growth should sneak above its modest average of about 3% a year.
Instead they concentrated on better than expected jobless and confidence figures from the US ahead of the Thanksgiving holiday, good UK GDP growth, and stronger business sentiment numbers from Germany.
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