Overall Economic Performance Of Sweden

Of note, Olawale and Garwe’s (2010) literature review is without an introduction and a summary. Additionally, the organisation of the literature does not provide a convincing flow of analysis, for example after an introductory paragraph into the empirical literature, whose information seems to be skewed toward establishing the contribution of new SMEs towards the promotion of economic growth in South Africa and not in their growth themselves, the authors just jump into a new heading ‘The business environment’ without providing clear foresight of this intention. The Literature review was also supposed to highlight what has previous research find out in full and demonstrate an understanding of the variables in

In 1637, Swedish, Dutch and German shareholders created the New Sweden Company to trade for furs and tobacco in North America. In 1637, Swedish, Dutch and German shareholders created the New Sweden Company to trade for furs and tobacco in North America. In March 1638, their ships arrived at the Delaware Bay. From 1626 to 1631, Peter Minuit was the first governor of New Netherland, which was dutch colony on Manhattan Island. Peter Minuit built a fort at Wilmington Delaware, and they named it fort Christina after their queen.

The government of Spain actively supports the small business sector of the economy. As of 2006 there were over 3 million small and medium-sized businesses in Spain, representing over 99% of all businesses in the country. The Spanish government provides various grants and incentives for the creation and expansion of small businesses in Spain as well as support and services to business owners. Recent government campaigns and initiatives have focused on support for entrepreneurs, primarily in response to Spain’s economic goals for the future. Increasing competitiveness and promoting innovation were identified as key strategies to maintain, grow and keep Spain’s economy dynamic (Dreamer, 2008). The key factors such as strong economy, large population base, expansive tourist trade and active government involvement provide a strong argument for migration into Spain’s marketplace.

The United States and Sweden have similarities and difference between their government and political systems causing most individuals to be impacted differently. Both governments include a

For every business to be effective background knowledge on venture capital and resource acquisition is vital amongst investors and entrepreneurs. In the US for instance, the venture capital market has been made available for startups in the process of ensuring inclusive technologically advanced businesses. This process has facilitated the introduction of incubators as well as the angel investor’s networks. Currently, the VCs have dominated the business industry enabling the funding of the developmental process and growth of various businesses. Similarly, the Small Business Advocate (SBA) is an example of approaches used to provide funding to businesses today (Reichert, 2007). This paper provides comprehensive analysis on various financial

One of the most important objectives a country faces is providing the population high quality, accessible, and affordable health care. Unfortunately, it’s not that simple due to the many challenges that health care systems encounter. According to the World Health Organization’s rankings of the World’s Health Systems, Australia and Sweden are ranked high on the list compared to the rest of the world. Both countries have an exceptional health care system that is able to provide universal care for its entire population. It’s important to take into consideration the demographic profile and socioeconomic condition of a country before reviewing their health care system as a whole since these factors can greatly affect the outcome. It’s also essential to look at the governance system in order to understand the current reform that is taking place within the country to overcome the challenges they are facing. Both have displayed outstanding achievements and they may be used as models for other countries that aim for universal healthcare.

This is what makes America so great that anyone can start up a business and becomes successful, however there are plenty of business that fail. One of the main issues that we face is being able to fund a start up company. “Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established”(Brown). Being able to allow business to have more access to money with out collateral is a must. “Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% don’t even have a savings account”(Fottrell).

Whether it be per capita GDP, poverty rates, healthcare, or disability Sweden comes out ahead due to the structure of their government and their welfare system. They are able to more adequately provide for their population and make sure there is a more equal playing field. Although the Swedish Model works well for a smaller country, there is no way to know for sure how such a system would hold up to the scale of the United States. Based on the data collected it could really do some

It was important to carry out research on the determination of financial strategies for women-owned small businesses in Florida. Therefore, this research will include studies and combination of research work, to contribute to relevancy for this dissertation (Adkins et.al, 2013). Admittedly, the small business enterprise ought to consider making an exhaustive examination of open markets, by how much the SME can permit to be hazard avoidance, what objectives they need to achieve (both short-term and all the more vital long haul), not to mention that they ought to remember their financial plan. What 's more, Polish economy development is profoundly connected to the execution of SMEs, which is appearing on the exhibited outlines. Besides, it is not diverse in the state of Florida as well, and the circumstance is the same all over the place on the planet. In this way, after numerous changes,

It has been brought to my attention about the different topics that has a major effect on the people, their lifestyle, education and environment. In Denmark, all people are provided with services like good healthcare, education, housing and well paid jobs. For example, “men and women have almost the same educational attainment” (NY resource). This shows men receive the same high quality education as a woman. Which is important because as the skills needed in the labour market are becoming more knowledge-based. Education plays a key role in obtaining knowledge, skills and competences because it improves the likelihood of finding a job and earning sufficient money. They want the country to a completed tertiary education, “A well-educated and well-trained population is essential for a country's social and economic well-being” (Education). Students that recieve a good amount of level of education can benefit the country in the labour market, which will increase their economic and social

Its developmental and transformative qualities particularly on emerging global economies, has given great significance to the concept of entrepreneurship. The impact of entrepreneurship has more contributory value is most The concept of entrepreneurship has received significant global attention across the developed and developing countries due to its capacity to transform the economy (Le & Nguyen, 2009:867). The Global Entrepreneurship Monitor (2011:8) revealed that there are approximately 400 million entrepreneurs across 54 countries operating start-up businesses. These countries are grouped into three stages of economic development driven by: factor, efficiency and innovation (GEM, 2009:5). This is based on the level of

According to the IMF World Economic Outlook report in January 2016, Iceland’s Gross Domestic Product grew at 4.8% in 2015 (IMF, 2016). This is in stark contrast to the -4.6% decline in 2009, and -3.5% the following year. Iceland’s central bank and its government have used many different policy tools, both Fiscal and Monetary to enable the economy to recover not only as quickly as it did, the overall economy grew at just over 1% in 2011, but as strongly as it is doing now. Recent projections from the IMF WEO indicate that Iceland is expected to continue this level of growth into 2016/17 at around a 3% growth rate, inflation is ‘expected to reach 4% in early 2016 and to remain between 4 and 4.5% in the next two years.’(IMF, 2016)

Overall, SMEs in Sweden are more likely to be credit constrained than large firms and manufacturing firms are more credit constrained compared to other sectors in the economy. A significantly higher percentage of innovative SMEs were credit constrained in 2013 than non-innovative or large firms. Moreover, sales growth is generally lower in credit-constrained firms than in firms that are not credit constrained. Historically, Swedish SMEs have benefitted tremendously from government and EU programs aimed at increasing access to finance, allowing firms to expand their business operations and grow. The data we collected seems to demonstrate that to a large extent Swedish authorities have been successful in creating an environment conducive to private firms’ getting access to credit.

Sweden wasn’t always a country every other country looked up to in regard to innovation. Instead, it was mostly dismissed and forgotten. In fact, as long ago as the early 90s, the country was actually hit with a huge financial crisis. National debt was at an all-time high, and unemployment and government spending didn’t fare much better.

The importance of small and Micro Enterprises (SMEs) in the economy of any country cannot be overlooked. In fact for nearly 15 years, most researchers dealing with economic planning have highlighted the significance of these enterprises stating that they are a key player in realizing any country’s economic goals. As such, governments as well as other organizations with interest in development are laying plans and strategies to promote the establishment of Small and Micro Enterprises. This is seen as a move to ensure that there is full participation of SMEs in the country’s economy. The Small and Micro Enterprises have been known to contribute to a large extend as a source of innovation, entrepreneurial skills as well as source of employment. For example, statistics in 25countries of the European Union show that 99% of the jobs provided to its citizens come from the micro, small and medium-sized enterprises. Rowe (2008) points out that the British economy relies heavily on the participation of SMEs. On the other hand, 99% of the UK’s economy is composed of small and micro enterprises.