On the Road to Samarkand. Globalisation and the Swedish economy

Underlagsrapport 21

Omslag
Utgiven:
10 oktober 2008

Typ:
Rapporter

Avsändare:
Utbildningsdepartementet

Globaliseringsrådet

Författare:
Kjetil Bjorvatn, Victor Norman och Linda Orvedal

Sammanfattning

Globalisation will have dramatic effects on the Swedish economy - and by and large, positive ones. The entry of China and India into the world economy has already benefited Swedish consumers and will continue to do so on an even larger scale in the decades ahead. The total gain to the Swedish economy is calculated to be in the range of 25 per cent of GDP. However globalisation also poses real challenges regarding the adaptability of the Swedish economy to cope with structural change, a less egalitarian income distribution and more concentrated geographical distribution of economic activity.

In the report, On the Road to Samarkand - Globalisation and the Swedish economy, the objective is to quantify the effects of globalisation on world markets and analyse the ensuing implications for the Swedish economy within a fifty-year time horizon. The authors focus on three channels of globalisation - the integration of China and India into the world economy, the internationalisation of firms and growth in cross-border business investment, and the migration of workers between Eastern and Western Europe.