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ECONOMY

‘Don’t fear the word power’: equality minister

Gender equality has fallen off many Swedish citizens' list of top-priorities, several speakers noted at a labour and equality conference in Stockholm on Thursday.

'Don't fear the word power': equality minister

“Saying that you want power kinda sounds like you want to get into a fight, which is why internationally people have talked about ‘influence’ instead,” Equality Minister Nyamko Sabuni said at the conference, which was organized by Sweden’s labour ministry.

“But power is good, it’s fantastic, it gives you influence.”

Sabuni spoke at the conference alongside two previous equality ministers – retired Liberal Party MP Bengt Westerberg and former Social Democrat Equality Minister Margareta Winberg.

When he served in the 1990s, Westerberg was hailed both as a superhero and scoundrel from opposite sides of the debate when he introduced a reform mandating that one month of parental leave had to be taken by the father.

Today, he is in favour of splitting parental leave evenly between the parents.

“It is one of the few tools left for politicians to influence the structure at home, which is were gender equality begins,” Westerberg said.

Strictly divvying up parental leave is not on the cards for the current government, however.

His successor, Margareta Winberg, said that, among Swedish voters, the question of gender equality was not ranked as important.

“Gender equality is not among the top five issues that Swedes think are important as election issues,” she said.

“So there’s a need to build up the topic, to shape public opinion.”

She joked that when she went on to become agriculture minister, which overlapped for two years with her ministerial post overseeing equality, the then Left Party leader Gudryn Schyman, who went on to create the Feminist Initiative party, used to call her “the minister for women and heffers”.

Winberg, when she headed the Social Democrat women’s association (S-kvinnor) in the early 1990s, is famous for pushing her party to strictly alternate between male and female candidates on the party list before elections (Sweden has proportional representation election system).

The alternate policy, dubbed “varannan damernas” (‘every other for the ladies’), was later adopted by most political parties in Sweden and is widely credited for making Sweden’s parliament the most gender equal in the world at the time.

Wrapping up the debate on Thursday, Winberg turned to Sabuni, who’d earlier in the discussion admitted her ministry does not do a good job at publicizing the work they do, and challenged her to improve her efforts.

“Please get better at communicating,” said Winberg.

Ann Törnkvist

Follow Ann on Twitter here

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ECONOMY

How is Denmark’s economy handling inflation and rate rises?

Denmark's economy is now expected to avoid a recession in the coming years, with fewer people losing their jobs than expected, despite high levels of inflation and rising interest rates, The Danish Economic Council has said in a new report.

How is Denmark's economy handling inflation and rate rises?

The council, led by four university economics professors commonly referred to as “the wise men” or vismænd in Denmark, gave a much rosier picture of Denmark’s economy in its spring report, published on Tuesday, than it did in its autumn report last year. 

“We, like many others, are surprised by how employment continues to rise despite inflation and higher interest rates,” the chair or ‘chief wise man’,  Carl-Johan Dalgaard, said in a press release.

“A significant drop in energy prices and a very positive development in exports mean that things have gone better than feared, and as it looks now, the slowdown will therefore be more subdued than we estimated in the autumn.”

In the English summary of its report, the council noted that in the autumn, market expectations were that energy prices would remain at a high level, with “a real concern for energy supply shortages in the winter of 2022/23”.

That the slowdown has been more subdued, it continued was largely due to a significant drop in energy prices compared to the levels seen in late summer 2022, and compared to the market expectations for 2023.  

The council now expects Denmark’s GDP growth to slow to 1 percent in 2023 rather than for the economy to shrink by 0.2 percent, as it predicted in the autumn. 

In 2024, it expects the growth rate to remain the same as in 2003, with another year of 1 percent GDP growth. In its autumn report it expected weaker growth of 0.6 percent in 2024.

What is the outlook for employment? 

In the autumn, the expert group estimated that employment in Denmark would decrease by 100,000 people towards the end of the 2023, with employment in 2024  about 1 percent below the estimated structural level. 

Now, instead, it expects employment will fall by just 50,000 people by 2025.

What does the expert group’s outlook mean for interest rates and government spending? 

Denmark’s finance minister Nikolai Wammen came in for some gentle criticism, with the experts judging that “the 2023 Finance Act, which was adopted in May, should have been tighter”.  The current government’s fiscal policy, it concludes “has not contributed to countering domestic inflationary pressures”. 

The experts expect inflation to stay above 2 percent in 2023 and 2024 and not to fall below 2 percent until 2025. 

If the government decides to follow the council’s advice, the budget in 2024 will have to be at least as tight, if not tighter than that of 2023. 

“Fiscal policy in 2024 should not contribute to increasing demand pressure, rather the opposite,” they write. 

The council also questioned the evidence justifying abolishing the Great Prayer Day holiday, which Denmark’s government has claimed will permanently increase the labour supply by 8,500 full time workers. 

“The council assumes that the abolition of Great Prayer Day will have a short-term positive effect on the labour supply, while there is no evidence of a long-term effect.” 

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