(16/12/2016) Against the spirit of the law. The Riksbank seems to have misinterpreted its mandate. The Riksbank Act provides flexibility, despite this, the Riksbank sticks to its 2 per cent inflation target at almost any price. In addition, it violates the spirit of the law when it buys government bonds for billions, write the associate professors Fredrik NG Andersson and Andreas Bergh, Lund University and Intelligence Watch Economic Council, and Anders Olshov, chief Intelligence Watch. They also call for a discussion on the monetary policy’s income and distribution effects.
(11/10/2016) In the report “Smart city – Smart planning to achieve Sweden’s environmental goals” Intelligence Watch argues Sweden must end its sprawl if the target of at least 70 percent lower greenhouse gas emissions from domestic transport shall be reached by 2030. Instead, cities must be densified sharply around public transport stations in order to make commuting sustainable and, in addition, grow inward so that more individuals can afford to live and work in a zone close to the work and life’s most necessary. Nyhamnen in Malmö is mentioned as an example of an area with very good communications both locally and regionally which can be developed as an extraordinary densed zone and grow in importance for the regional labor market.
(29/04/2016) The Swedish economy may be heading for a crisis worse than the crisis in the 1990s that could cripple the Swedish model, increase exclusion and create a new group of poor in Sweden. It appears from the Intelligence Watch report ”Sweden into the fog – an unpleasant probable crisis scenario”. The authors, associate professors Fredrik NG Andersson and Andreas Bergh, Lund University and Intelligence Watch Economic Council, and Anders Olshov, chief Intelligence Watch, point out the risks associated with the Riksbank’s ultra-loose monetary policy with negative interest rates, the rising property prices, unsustainable household debt levels, Sweden’s large banking sector, an extraordinary influx of refugees to volume with many low-skilled and a fragmented political governance with a lack of ability to manage Sweden’s challenges. An interest rate rise would create financial problems for many households, real estate prices to fall and risk a recession and a rapidly growing budget deficit. A deep economic and social crisis in a few years time seems uncomfortably plausible.
(05/01/2016) Countries with high ambitions should form a climate alliance, harmonize their national carbon dioxide taxes and introduce a common carbon dioxide tariff on imports, suggests Håkan Pihl, vice-chancellor of Kristianstad University and vice chairman of Intelligence Watch, in an article in Svenska Dagbladet. The climate impact of all domestic consumption would then be priced. If the alliance is open to all countries which introduce a corresponding price (carbon dioxide tax and import tariff) a mechanism is created that gives countries outside the alliance a strong reason to consider an entry, argues Pihl.