ocr: Strengths Companies of. global importance, including Ericsson, Saab, Volvo, Electrolux and SRF,the world's biggest roller-bearing manufacturer. Highly developed and constantly updated intrastructure. Sophisticated technology. Skalled: labor force is virtually bilingual in English. Wealaesses Uncompetitive labor costs, although this is beginning to change slowly. Highest taxation in the OECD, accounting for over 60% of GDP.. Peripheral location, raising costs for producers and exporters. Profile The state plays a signiticant role in the economy, but tends to restrict its role to services and in ...
