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Sweden’s Economic Boom Revisited

Sweden’s economy faces slowest per-capita growth in more than three decades
Pedestrians walk past retail stores on Drottninggatan shopping street in central Stockholm, Sweden, on Friday, Sept. 12, 2014. Stefan Loefven, a former welder, is closing in on becoming Sweden's first Social Democratic premier in eight years, according to polls ahead of the Sept. 14 election.
Photographer: Johan Jeppsson

There's less than meets the eye to Sweden's economic boom.

The largest Nordic economy has been outpacing most of Europe in recent years, helped by booming domestic demand and rising exports. But under the surface, the growth is a lot less impressive and looking ahead prospects looks positively gloomy.