Home » Though Sweden was not immune to the pandemic’s economic impact, it was the only major economy to grow in the first quarter of the year

Though Sweden was not immune to the pandemic’s economic impact, it was the only major economy to grow in the first quarter of the year

Sweden

Source: business insider.com

Throughout the coronavirus pandemic, Sweden has drawn international attention for its unorthodox approach to managing the virus’ spread.

The Nordic state didn’t impose strict lockdown measures, instead asking citizens to stay home if they were sick and to practice social distancing in public. Bars, restaurants, and shops stayed open, even when cases peaked in the country.

Its relaxed coronavirus strategy, relying on personal responsibility and willful obedience, has been both praised and criticized. And while the jury is still out on the effectiveness of the country’s public-health approach, there is growing evidence that, economically speaking, the loose rules seem to have worked.

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