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SWEDEN 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 has recently been undermined by high unemployment, rising maintenance costs, and a declining position in world markets. Questions regarding the benefit of remaining a monarchy have also plagued Sweden. The royal family is still …

…be doing what they had hoped it would do. The Swedish economy is on the rise, which is what the Swedes have been waiting for. Whether Sweden will remain a welfare state after economic stability has been reached remains to be seen. All in all, Sweden’s economic status, while lower than wanted, has been remarkably stable through wars, reforms, and more- which is very impressive and shows good judgment and decsions on their part.