SHARE
COPY LINK

BUSINESS

Sweden’s finance minister lands international gig

Swedish Finance Minister Magdalena Andersson has been picked to lead the IMF's steering committee, the first woman to hold that position.

Sweden's finance minister lands international gig
Swedish Finance Minister Magdalena Andersson. Photo: Jonas Ekströmer/TT

Andersson will serve for three years atop the International Monetary and Financial Committee (IMFC), the group of finance ministers and central bankers that advises the Washington-based crisis-lender's board.

She succeeds Lesetja Kganyago, governor of the South African Reserve Bank, who has chaired the IMFC since January 18th, 2018.

Andersson has been finance minister since October 2014, and held numerous posts in the Swedish government.

The 24-member committee meets twice a year, typically in April and October when IMF and World Bank members gather for the spring and annual meetings.

The two meetings in 2020 were held virtually due to the Covid-19 pandemic, but the next meeting is scheduled to be held on April 10th, 2021 in Washington.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.
For members

POLITICS

‘Very little debate’ on consequences of Sweden’s crime and migration clampdown

Sweden’s political leaders are putting the population’s well-being at risk by moving the country in a more authoritarian direction, according to a recent report.

'Very little debate' on consequences of Sweden's crime and migration clampdown

The Liberties Rule of Law report shows Sweden backsliding across more areas than any other of the 19 European Union member states monitored, fuelling concerns that the country risks breaching its international human rights obligations, the report says.

“We’ve seen this regression in other countries for a number of years, such as Poland and Hungary, but now we see it also in countries like Sweden,” says John Stauffer, legal director of the human rights organisation Civil Rights Defenders, which co-authored the Swedish section of the report.

The report, compiled by independent civil liberties groups, examines six common challenges facing European Union member states.

Sweden is shown to be regressing in five of these areas: the justice system, media environment, checks and balances, enabling framework for civil society and systemic human rights issues.

The only area where Sweden has not regressed since 2022 is in its anti-corruption framework, where there has been no movement in either a positive or negative direction.

Source: Liberties Rule of Law report

As politicians scramble to combat an escalation in gang crime, laws are being rushed through with too little consideration for basic rights, according to Civil Rights Defenders.

Stauffer cites Sweden’s new stop-and-search zones as a case in point. From April 25th, police in Sweden can temporarily declare any area a “security zone” if there is deemed to be a risk of shootings or explosive attacks stemming from gang conflicts.

Once an area has received this designation, police will be able to search people and cars in the area without any concrete suspicion.

“This is definitely a piece of legislation where we see that it’s problematic from a human rights perspective,” says Stauffer, adding that it “will result in ethnic profiling and discrimination”.

Civil Rights Defenders sought to prevent the new law and will try to challenge it in the courts once it comes into force, Stauffer tells The Local in an interview for the Sweden in Focus Extra podcast

He also notes that victims of racial discrimination at the hands of the Swedish authorities had very little chance of getting a fair hearing as actions by the police or judiciary are “not even covered by the Discrimination Act”.

READ ALSO: ‘Civil rights groups in Sweden can fight this government’s repressive proposals’

Stauffer also expresses concerns that an ongoing migration clampdown risks splitting Sweden into a sort of A and B team, where “the government limits access to rights based on your legal basis for being in the country”.

The report says the government’s migration policies take a “divisive ‘us vs them’ approach, which threatens to increase rather than reduce existing social inequalities and exclude certain groups from becoming part of society”.

Proposals such as the introduction of a requirement for civil servants to report undocumented migrants to the authorities would increase societal mistrust and ultimately weaken the rule of law in Sweden, the report says.

The lack of opposition to the kind of surveillance measures that might previously have sparked an outcry is a major concern, says Stauffer.

Politicians’ consistent depiction of Sweden as a country in crisis “affects the public and creates support for these harsh measures”, says Stauffer. “And there is very little talk and debate about the negative consequences.”

Hear John Stauffer from Civil Rights Defender discuss the Liberties Rule of Law report in the The Local’s Sweden in Focus Extra podcast for Membership+ subscribers.

SHOW COMMENTS