Transnational Issues Swaziland
Disputes - international: none
This page was last updated on 10 February, 2005
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@Sweden
Introduction Sweden
Background:
A military power during the 17th century, Sweden has not
participated in any war in almost two centuries. An armed neutrality
was preserved in both World Wars. Sweden's long-successful economic
formula of a capitalist system interlarded with substantial welfare
elements was challenged in the 1990s by high unemployment and in
2000-02 by the global economic downturn, but fiscal discipline over
the past several years has allowed the country to weather economic
vagaries. Indecision over the country's role in the political and
economic integration of Europe delayed Sweden's entry into the EU
until 1995, and waived the introduction of the euro in 1999.
Geography Sweden
Location:
Northern Europe, bordering the Baltic Sea, Gulf of Bothnia,
Kattegat, and Skagerrak, between Finland and Norway
Geographic coordinates:
62 00 N, 15 00 E