An economist is a professional and practitioner in the social science discipline of economics .
68-612: John Fredrik Reinfeldt (pronounced [ˈfrěːdrɪk ˈrâjnːfɛlt] ; born 4 August 1965) is a Swedish economist , lecturer , former Prime Minister of Sweden from 2006 to 2014 and chairman of the liberal conservative Moderate Party from 2003 to 2015. He was the last rotating President of the European Council in 2009. He is chairman of the Swedish Football Association since 25 March 2023. A native of Stockholm County , Reinfeldt joined
136-567: A minority government , owing to the rise of Sweden Democrats ; he remained in power as the first centre-right Prime Minister since the Swedish-Norwegian Union to be re-elected.. His premiership was characterised by " Arbetslinjen " ( English : Working line) , a focus on getting more people into the workforce , and by management of the 2007–2008 financial crisis and the Great Recession , which resulted in one of
204-639: A ranger (Swedish: lapplandsjägare ) at Lapland Ranger Regiment and finished first in his class as a cadet in Umeå . It was during this time that he became interested in politics, as a representative for his regiment in the congress of conscripts in the Swedish military (Swedish: värnpliktsriksdagen ). He graduated from Stockholm University School of Business with a degree in Business and Economics (Swedish: civilekonomexamen ) in 1990. Reinfeldt joined
272-578: A terraced house in Bromsten in northwestern Stockholm. The Reinfeldt family was living in Bromsten when Fredrik's younger brothers, Magnus and Henrik, were born in 1969 and 1973. In 1976, the family moved into a single-family home in Täby in northeastern Stockholm County. His mother Birgitta was a leadership and management consultant , and some of her professional skills might have inspired and impressed
340-505: A bond with the mother party, eventually taking over the youth league in 1987. In 1988 he became a secretary (Swedish: borgarrådssekreterare ) in the Stockholm Municipality Council. He was active in student politics while studying at Stockholm University , eventually becoming chairman of the student party " Borgerliga Studenter – Opposition '68 " between 1988 and 1989. He became chairman of
408-491: A greater need to seek consensus on matters of substance with the opposition parties. The second term compromised a slow recovery from the Great Recession and consolidation of policies from the first term. The political debate came from 2013 to be highly dominated by issues where the Government came in a defense mode, in particular for the poor performance of Swedish pupils in the international study of school performance,
476-735: A more centrist one. On the other hand, he is thought to have influenced Cameron, since Reinfeldt was elected party leader in 2003—two years before Cameron took control of the British Conservative Party in 2005. Reinfeldt has also been described as a communitarian . In a study by Sifo , a Swedish polling institute, Reinfeldt was the "most admired man in Sweden" in 2006. Reinfeldt's approval rating reached its highest measured point yet in December 2006, at 57% approval in an Aftonbladet /Sifo poll. Approval ratings for Reinfeldt as
544-801: A person remained overall good but fluctuating through most of the period 2006–2010, but did not always seem to translate into support for the cabinet. Economist The individual may also study, develop, and apply theories and concepts from economics and write about economic policy . Within this field there are many sub-fields, ranging from the broad philosophical theories to the focused study of minutiae within specific markets , macroeconomic analysis, microeconomic analysis or financial statement analysis , involving analytical methods and tools such as econometrics , statistics , economics computational models , financial economics , regulatory impact analysis and mathematical economics . Economists work in many fields including academia, government and in
612-631: A poll conducted by the newspaper Svenska Dagbladet in April 2004, Reinfeldt like a large majority of his party favoured Bush over Kerry. Despite this, he has compared his government's actions and policies to those of Bill Clinton 's administration, and supported Barack Obama in the 2008 United States presidential election . Reinfeldt visited Washington, D.C., on 15 May 2007, meeting with President Bush. His trip also included meetings with others, including United Nations Secretary-General Ban Ki-moon and California Governor Arnold Schwarzenegger . This
680-427: A variety of major national and international firms in the financial and commercial sectors, and in manufacturing, retailing and IT, as well as in the public sector – for example, in the health and education sectors, or in government and politics . Some graduates go on to undertake postgraduate studies , either in economics, research, teacher training or further qualifications in specialist areas. Unlike most nations,
748-530: Is a middle-class district of northwestern Stockholm and belongs to the Spånga-Tensta borough . The ruins of an ancient hill fort located in the area are believed to be the source of the district's name. 59°23′1.14″N 17°55′0.7″E / 59.3836500°N 17.916861°E / 59.3836500; 17.916861 This article about a location in Stockholm County , Sweden
SECTION 10
#1732771829908816-524: Is a formalized role. Professionals here are employed (or engaged as consultants ) to conduct research, prepare reports, or formulate plans and strategies to address economic problems. Here, as outlined, the analyst provides forecasts, analysis and advice, based upon observed trends and economic principles; this entails also collecting and processing economic and statistical data using econometric methods and statistical techniques. In contrast to regulated professions such as engineering, law or medicine, there
884-657: Is his first visit to the United States since becoming Prime Minister in 2006. Bush and Reinfeldt mostly discussed climate change and free trade , focusing on the Doha Round . He visited President Barack Obama at first the White House and then in the Metropolitan Museum of Art on 23 September 2009. Reinfeldt was President of the European Council from 1 July to 1 December 2009. The signing of
952-557: Is not a legally required educational requirement or license for economists. In academia, most economists have a Ph.D. degree in Economics . In the U.S. Government, on the other hand, a person can be hired as an economist provided that they have a degree that included or was supplemented by 21 semester hours in economics and three hours in statistics, accounting, or calculus. In fact, a professional working inside of one of many fields of economics or having an academic degree in this subject
1020-401: Is often considered to be an economist; see Bachelor of Economics and Master of Economics . Economics graduates are employed in varying degrees depending on the regional economic scenario and labour market conditions at the time for a given country. Apart from the specific understanding of the subject, employers value the skills of numeracy and analysis, the ability to communicate and
1088-467: The 2000 United States presidential election , Reinfeldt visited the United States to support the campaign of George W. Bush . Prior to the 2004 United States presidential election , Reinfeldt again expressed his support for Bush. In an interview with the newspaper Stockholm City on 8 March 2004, Reinfeldt said that he preferred Bush over the Democratic Party contender John Kerry , and in
1156-668: The Centre Party , the Liberal People's Party and the Christian Democrats . Reinfeldt is said to have been instrumental in uniting the four parties, which previously were known for being notoriously divided, in order to present a powerful alternative to the Social Democrats. The parties presented a joint election manifesto for the alliance. During the run-up to the 2006 general election, Reinfeldt
1224-592: The Moderate Party . He stepped down from the office of Prime Minister on 3 October 2014, being succeeded by Stefan Löfven . He resigned from the Riksdag on 31 December 2014 and stepped down as party leader on 10 January 2015, being succeeded by Anna Kinberg Batra . On 19 January 2015, Reinfeldt announced that he had formed his own business Fredrik Reinfeldt AB where he will serve as an advisor and lecturer. He will also continue to promote his "job line", which
1292-650: The Moderate Youth League in 1983. By 1992 he rose to the rank of chairman, a position he held until 1995. He served as Member of Parliament from 1991 to 2014, representing his home constituency. Reinfeldt was elected party leader on 25 October 2003, succeeding Bo Lundgren . Under his leadership, the Moderate Party has transformed its policies and oriented itself closer to the political centre, branding itself "The New Moderates" ( Swedish : Nya moderaterna ). In 2010, under Reinfeldt's leadership,
1360-688: The Moderate Youth League —the youth wing of the Swedish Moderate Party —in 1983 at the age of 18. As a member of the Moderate Youth League in Täby, he challenged the leaders of the local league, who preferred to use the premises as a place to drink beer and wine rather than engage in discussions about politics. Reinfeldt, who is said to dislike hard liquor and to consume wine and beer in moderate amounts, started "Conservative Youth" (Swedish: Konservativ ungdom ) and formed
1428-532: The Programme for International Student Assessment , and profits gained in private welfare , especially after the economic collapse that had preceded the closure of school group JB Education AB and questions of how key people in the Government, including himself, acted in the N.V. Nuon Energy affair. Reinfeldt had during his second term, in contrast to his first term, no major international engagement. Contacts with other politicians, however, remained good, which
SECTION 20
#17327718299081496-694: The Treaty of Lisbon was Reinfeldt's role as President of the Council, which also occurred on 13 December 2009. Reinfeldt was also responsible in this role to put EU's efforts to get into a binding agreement at the United Nations Climate Change Conference in Copenhagen in 2009 but this did not succeed. After defeat in 2014 , Reinfeldt announced he would step down as both Prime Minister of Sweden and as party leader of
1564-940: The UK are the more than 3500 members of the Government Economic Service . Analysis of destination surveys for economics graduates from a number of selected top schools of economics in the United Kingdom (ranging from Newcastle University to the London School of Economics ), shows nearly 80 percent in employment six months after graduation – with a wide range of roles and employers, including regional, national and international organisations, across many sectors. Some current well-known economists include: [REDACTED] The dictionary definition of economist at Wiktionary Bromsten Bromsten ( Swedish pronunciation: [ˈbrɔ̂mːsteːn] )
1632-538: The Alliance for Sweden were reduced to a minority government, but also becoming the first centre-right government to be re-elected since before World War II . The Moderate Party received 30.06 percent of the votes, which was the highest election result in over one hundred years. The Alliance for Sweden received a plurality of votes, but not full majority in Parliament. But because of the fragmented opposition, after
1700-561: The Czech Republic. His slogan was "taking on the challenge". Reinfeldt immediately requested the European Union to do more to combat climate change . Days earlier, he had been interviewed by Reuters and said he spoke of his worry about increased European public debt. He spoke of his wish for Turkey to join the European Union . He also spoke of his other views, such as his hope that a second term would be possible quickly for
1768-411: The Moderate Party got its highest share of the vote since the introduction of universal suffrage in 1921. Following the 2006 general election , Reinfeldt was elected Prime Minister on 6 October. Along with the three other political parties in the centre-right Alliance for Sweden , Reinfeldt presided over a coalition government with the support of a narrow majority in parliament. At the age of 41, he
1836-406: The Moderate Party leadership, who believed that Reinfeldt's criticisms had gone too far. On 14 February 1995 Reinfeldt was called to a meeting of the Moderate Party's Riksdag group, which took place in the former second chamber (Swedish: andrakammarsalen ) of the Swedish parliament building , a meeting where Bildt apparently scolded him for hours. After this, Reinfeldt toned down his criticism, but
1904-418: The Moderate Party. In the general election of 2002 the Moderate Party received 15.3 percent of the votes—its lowest share of the vote in a general election since 1973. Following the loss, Lundgren was forced to resign his position as leader of the Moderate Party. After the 2002 election Reinfeldt was elected as leader of the Moderate Party parliamentary group, spokesman for economic policy and vice chairman of
1972-548: The Moderate Youth League's Stockholm branch in 1990, and the following year was elected a member of the Riksdag (the Swedish Parliament). In the Swedish general election of 1991 the Moderate Party and its allies had considerable success, leading to the formation of a centre-right coalition government under Moderate Party leader and Prime Minister Carl Bildt . The 1991 government was the first centre-right government in Sweden since 1982. From 1992 to 1995 Reinfeldt
2040-661: The President of the European Commission and his desire that the European Union should not sanction Iran immediately following its election protests . In the 2010 general election , the Moderate Party increased its share of the vote to 30.06 percent. The Alliance got a plurality of votes cast, but with 173 seats no absolute majority in parliament. With the opposition divided mainly by the Sweden Democrats , Reinfeldt could remain in government, but with
2108-478: The Social Democratic Party have become harder to discern. In a series of radio and television debates, the then-Social Democrat leader and Prime Minister Göran Persson portrayed his opponent as a classic conservative in disguise. Persson stated that, if put into power, the conservatives would tamper with Sweden's successful formula of high taxes, a large public sector and generous benefits. There
Fredrik Reinfeldt - Misplaced Pages Continue
2176-485: The Swedish welfare state and argues for a liberal societal system. With phrases such as: "We don't want to see a society where people starve, but other than that no standard rights should be financed by taxes." The book later haunted Reinfeldt, when he faced criticism for phrases such as "The Swedes are mentally handicapped and indoctrinated to believe that politicians can create and guarantee welfare." From 1995 to 1997 he
2244-513: The age of 40 in 1925. With victories in 2006 and in 2010 , Reinfeldt was the Moderate Party's longest-serving prime minister and the only person to lead the party to two consecutive general election victories. His Government compromised four parties (including his own) which prior to the election had formed a coalition named Alliance for Sweden , later turned into the Alliance. At a press conference prior to his appointment, Reinfeldt commented that "this feels historic in many ways" partly because it
2312-466: The best country on several areas after the Great Recession , it brought a resurgence of support, which eventually resulted in his re-election in 2010 . This was the first time ever that the Moderate Party was re-elected after completing a full first term. Reinfeldt became President of the European Council on 1 July 2009, as Sweden took over the Presidency of the Council of the European Union from
2380-418: The capacity to grasp broad issues which the graduates acquire at the university or college . Whilst only a few economics graduates may be expected to become professional economists, many find it a base for entry into a career in finance – including accounting, insurance, tax and banking, or management . A number of economics graduates from around the world have been successful in obtaining employment in
2448-440: The conservatives and Kristersson the libertarians. Reinfeldt later stated that although the effects of that deep ideological division and battle in the party lingered on within the Moderate Youth League, he also felt that it was a defining moment in his life. Had he lost the battle he would most likely not be in politics today. In 1993 Reinfeldt wrote the book The Sleeping People (Swedish: Det sovande folket ), where he criticized
2516-724: The conservatives toward the middle ground by convincing voters that he would fix rather than dismantle the public welfare system. Reinfeldt even extended an invitation to the Swedish Trade Union Confederation , traditional supporter of the Social Democrats and opponent of the Moderate Party. He also changed the Moderate Party's traditional stance towards the Swedish Labour and employment laws , stating that he prefers small changes instead of any radical reform. People both within and outside
2584-617: The economist profession in Brazil is regulated by law; specifically, Law № 1,411, of August 13, 1951. The professional designation of an economist, according to said law, is exclusive to those who graduated with a Bachelor of Economics degree in Brazil. According to the United States Department of Labor , there were about 15,000 non-academic economists in the United States in 2008, with a median salary of roughly $ 83,000, and
2652-456: The eldest of three brothers to his parents Bruno (1938–2016) and Birgitta Reinfeldt. At the time of his birth his parents lived in an apartment in Österhaninge , in the south of Stockholm County , but a short time afterwards the family moved to London , where his father worked as a consultant for Shell . Upon returning to Sweden, the family first lived in an apartment in Handen before moving to
2720-500: The entrance of the Sweden Democrats in parliament, the government could continue. Reinfeldt became the Prime Minister of Sweden on 6 October 2006 when he was confirmed by king Carl XVI Gustaf having been approved by the Riksdag the previous day, serving concurrently as Leader of the Moderate Party. The 41-year old Reinfeldt became the youngest person to become Prime Minister since Rickard Sandler became Prime Minister at
2788-587: The former chairman for the Swedish Social Democratic Youth League, stated that "the Moderates were right strategically to focus on unemployment". Former Social Democratic minister Leif Pagrotsky stated that internal fighting, authoritarianism and perceived aggressiveness as well as a loss of appeal to the middle class and city inhabitants contributed to the election loss. In the 2010 general election held on 19 September 2010
Fredrik Reinfeldt - Misplaced Pages Continue
2856-457: The lowest income earners and reducing unemployment benefits, in order to encourage the jobless to return to work. He toned down calls within the party for dismantling large portions of the Swedish welfare state, stating that change must come gradually from the bottom up and not be dictated from the top down. His goal was said to be to fine-tune the welfare state, by focusing on getting people off welfare benefits and into employment. He worked to shift
2924-408: The material was not meant to be released or spread to a wider audience. At the general election on 17 September 2006 the Alliance for Sweden won a majority of the votes after the first count, defeating the Social Democratic Party. The Moderates received 26.1 percent of the votes, a new record for the party and over 10 percentage points higher than in 2002. The election result was also historic in being
2992-411: The parliament's finance committee. On 25 October 2003 he was unanimously elected as the new leader of the Moderate Party. Under Reinfeldt's leadership, the Moderate Party adjusted its position in the political spectrum , moving towards the centre. To reflect these changes, the party's unofficial name was altered to "The New Moderates" (Swedish: De nya Moderaterna ) in order to emphasize the break with
3060-412: The party differ on their analysis of Reinfeldt's transformation of the Moderate Party, with some arguing that the party was mainly honing the way it describes its visions, and others suggesting that it constituted a substantial policy change towards the centre. As a consequence of Reinfeldt's shift of the Moderate Party to the centre, the differences between the Moderate Party and their traditional opponents
3128-415: The past. The Moderate Party started to focus more on calls for tax cuts for low- and middle-income groups, rather than on major tax cuts that would more benefit high-income earners. As leader of the Moderate Party, Reinfeldt tended to be less forceful in his criticism of the Swedish welfare state than his predecessors. He instead proposed reforms to Sweden's welfare state, which included cutting taxes for
3196-665: The private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They assess this information using advanced methods in statistical analysis, mathematics, computer programming [and] they make recommendations about ways to improve the efficiency of a system or take advantage of trends as they begin." In addition to government and academia, economists are also employed in banking , finance , accountancy , commerce , marketing , business administration , lobbying and non- or not-for profit organizations. In many organizations, an " Economic Analyst "
3264-449: The reduction of public spending. It privatised much of the health sector from 2006, with mixed results. While the number of specialists has increased, reducing waiting times for appointments, privatisation has also led to higher costs for the government (to make a profit, private institutions have to increase the number of consultations and interventions) and increased inequalities in access to health care, with specialists tending to leave
3332-573: The regions for the big cities and the suburbs for wealthier areas. In early 2013, the liberal British magazine The Economist praised the Reinfeldt government's reforms, pointing out that the country could become "the next liberal supermodel". The Moderate Party has a pro- European Union policy stance—including support for exchanging the SEK for the Euro —and also supports Sweden joining NATO . During
3400-405: The requirements for family reunification . During the last year of Reinfeldt's time in office Sweden faced the biggest influx of immigrants it had ever seen up until that point. During a press conference in the run-up to the 2014 election campaign Reinfeldt urged the Swedish people to "open their hearts" (Swedish: öppna era hjärtan ) to people fleeing wars, stating that he wouldn't promise much in
3468-456: The support of Reinfeldt's policies dropped to one of the lowest ever seen for an incumbent Government. From 2009, the Swedish economy emerged as one of the world's fastest recovering economies with high competitiveness . Sweden was noted for having proved to overcome the crisis better than any other developed countries , and this was highlighted by the Government as a force in the run-up to the 2010 Swedish general election . As Sweden emerged as
SECTION 50
#17327718299083536-665: The top ten percent earning more than $ 147,040 annually. Nearly 135 colleges and universities grant around 900 new Ph.D.s every year. Incomes are highest for those in the private sector, followed by the federal government, with academia paying the lowest incomes. As of January 2013, PayScale.com showed Ph.D. economists' salary ranges as follows: all Ph.D. economists, $ 61,000 to $ 160,000; Ph.D. corporate economists, $ 71,000 to $ 207,000; economics full professors, $ 89,000 to $ 137,000; economics associate professors, $ 59,000 to $ 156,000, and economics assistant professors, $ 72,000 to $ 100,000. The largest single professional grouping of economists in
3604-454: The upcoming campaign considering the costs that the immigration would bring. The Sweden Democrats perceived the press conference as confirming their belief that asylum immigration is in conflict with the Swedish welfare state . He adopted a liberal roadmap, leading in particular to a modification of the tax system (including the abandonment of inheritance tax ), a tightening of the conditions of access to unemployment benefits or sick pay, and
3672-568: The world's strongest public finances and top rankings in climate and health care . He is the longest-serving non- Social Democratic Prime Minister since Erik Gustaf Boström 's first spell in office between 1891 and 1900. After his defeat in the 2014 election Reinfeldt announced that he would step down from leading the party, which he did on 10 January 2015. John Fredrik Reinfeldt was born in 1965 in Allmänna BB hospital in Stockholm ,
3740-418: The worst result for the Social Democrats ever (34.6 percent) in a general election under universal suffrage (introduced in 1921). Looking back at the defeat of the incumbent Social Democrats, the opinion among several members of the defeated incumbents was that the election was lost because the previous government failed to bring down unemployment, and failed to campaign on it as an issue. Ardalan Shekarabi ,
3808-619: The young Fredrik. At the age of 11, Reinfeldt became chairman of the student council (Swedish: elevrådet ) in his school, and became a fan of the football club Djurgårdens IF , a passion he maintains to this day. He started playing basketball for the "Tensta Tigers" while living in Bromsten (which is located adjacent to Tensta ), and continued to play for them after his family moved to Täby. At his secondary school, Åva gymnasium , he studied natural science for three years. He also enjoyed setting up and performing revues and cabarets . After school, Reinfeldt completed his military service as
3876-587: Was a key part of his premiership, in a continued community deed. On 1 September 2015 he published his autobiography Halfway , a reflection on his 25 years in Swedish and international politics. On 11 December 2015, Reinfeldt was nominated to become the next chairman of the Extractive Industries Transparency Initiative . In January 2016, Reinfeldt was awarded H. M. The King's Medal , 12th size with chain, for extraordinary efforts as Prime Minister. On 15 March 2016 it
3944-713: Was also marked by Barack Obama 's visit to Stockholm in September 2013. After the nationalist Sweden Democrats entered the Riksdag, Reinfeldt wanted to seek bipartisan consensus on immigration policy in an attempt to undercut and isolate the Sweden Democrats on their main issue. In early 2011 an agreement between the Alliance and the Green Party was reached, which would among other things, give undocumented immigrants access to universal healthcare and lessen
4012-461: Was also some criticism within the party; former Moderate Youth League chairman Christofer Fjellner called Reinfeldt's political reform "leftist rhetoric" (Swedish: vänsterretorik ). In the run-up to the general election of 2006 , Reinfeldt, as leader of the Moderate Party, participated in the creation of the Alliance for Sweden . It united the centre-right in a coalition of the Moderate Party,
4080-525: Was announced that Reinfeldt had been hired by Bank of America Merrill Lynch as a senior adviser for its business in Europe, the Middle East and Africa. On 25 March 2023, he was elected chairman of the Swedish Football Association . Reinfeldt has been called a "Swedish David Cameron ," insofar as he succeeded in shifting the public perception of the Moderate Party from a clear right-wing position to
4148-608: Was chairman of the Democrat Youth Community of Europe . Following the defeat of the Bildt government in the general election of 1994 he publicly criticized the Moderate Party leader Bildt, who he believed had become too dominant in the party. In 1995 Reinfeldt co-authored the book Nostalgitrippen ('The Nostalgic Trip'), which described several persons in the Moderate Party leadership, including Gunnar Hökmark and Bo Lundgren , as "Carl Bildt-lookalikes." Bildt
SECTION 60
#17327718299084216-525: Was completely unacceptable. A short time after the e-mail campaign, images that depicted Reinfeldt and the Moderate Party in an unflattering light were spread internally within the Social Democratic Party and subsequently leaked to the media. Social Democratic Party spokeswoman Carina Persson confirmed that the material came from the Social Democratic Youth League , but denied the existence of an official smear campaign and stated that
4284-417: Was described as being the perfect leader for the opposition to satirize ; a nobleman living in the affluent Östermalm with a boyish expression and a better-than-you attitude. As for the other high party officials, the book stated that "If everyone appears similar to Carl it confirms peoples misconceptions about the Moderate Party. It becomes a party for Carl Bildt-copies." This provoked swift reaction from
4352-410: Was ostracized within the Moderate Party and not given any important posts until after the change of leadership when Lundgren succeeded Bildt in 1999. At that time he was elected into a high party group, the förtroenderåd . From 2001 to 2002 Reinfeldt was chairman of the justice committee of the Riksdag. During this time he traveled around the country gathering impressions and support at the local level of
4420-452: Was subjected to a smear campaign . Mats Lindström, a staff member in the Social Democratic Party headquarters, admitted to sending e-mails accusing Reinfeldt of tax fraud, false financial declarations and only attaining his position because of his father's influence. The IP address used in the e-mails was traced to the Social Democratic Party headquarters. Social Democratic Party Secretary Marita Ulvskog apologized and said that such behavior
4488-481: Was the chairman of the Moderate Youth League. He ousted the former chairman Ulf Kristersson at the controversial congress known as the Battle of Lycksele , securing 58 of the delegates' votes while Kristersson received only 55. The congress was controversial because it was the culmination of a long ideological battle within the Moderate Youth League between the conservatives and the libertarians ; Reinfeldt represented
4556-501: Was the first time in 36 years there would be a majority government in Sweden. The 2007–2008 financial crisis and the Great Recession had a major impact on the Economy of Sweden . Reinfeldt's Government emphasized that a balanced budget was a priority, combined with income tax cuts to stimulate domestic production and commerce. The Cabinet received criticism for holding to hard in the public finances, with limited investments, and
4624-460: Was the third-youngest person to become Prime Minister of Sweden. Reinfeldt's first term in office included the 2007–2008 financial crisis and the Great Recession . His popularity fell until the economy of Sweden emerged as one of the strongest in Europe ; this brought a resurgence of support for him, resulting in his government's re-election in 2010 . Reinfeldt's second government was reduced to
#907092