Sweden May Welcome Back The Welfare State

Political campaigns are low-key affairs in Sweden. At a rally in a suburban Stockholm office park, there's no cheering mob or placard-carrying protesters, just Prime Minister Carl Bildt, 45, loping up to the microphone to scattered applause. With all the panache of an Econ 101 professor, he launches into a speech on economic reforms. As Bildt answers questions in great detail, office workers drift back to their desks. Most of the journalists depart before he does.

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