Introduction
I. The 1973-74 upturn
-Departure from international trends
-Some specific features of the upturn
--(a) Significant improvement in labour market conditions
--(b) Sharp deterioration in the external balance
--(c) Declining propensity to consume
II. Economic policy
-Monetary policy
-Brief review of housing policy in Sweden
-Fiscal policy
III. The 1975 outlook
-Exports
-Business investment
-Residential construction
-Private consumption
-Total demand and imports
-Output and employment
-Wages and prices
-Balance of payments
IV. Conclusions
Annexes
-I. Estimated Consumption Functions for Sweden
-II. Chronology of Major Economic Policy Events
Statistical Annex