User:NBasham1/sandbox/Stockholm

Economy
The economy of Stockholm is generally considered strong with lower unemployment rates than both the nation and the EU more generally. Stockholm has consistently performed better than other regions in Europe and the U.S. in dealing with unemployment while keeping economic growth. The city and its surrounding county are a vital part of Sweden's national economy. More than a third of privately employed Swedish citizens as well as a quarter of the nations companies reside in Stockholm county. As of 2016, the GDP of Stockholm was €147.8 billion, corresponding to 31.8 percent of national GDP. While the city accounts for a high proportion of Sweden's GDP per capita, Sweden still has very little regional disparity in GDP per capita. The city has continued to grow economically; it posted growth of almost six percent between the fourth quarters of 2016 and 2017.

The majority employment is in the service industry. Home to the Stockholm School of Entrepreneurship Stockholm has a very well educated workforce. This well-educated workforce helps contribute to Sweden ranking as one of the most innovative countries in the world, and Stockholm puts more into research and development expenditure than the country as a whole. Many sectors experience growth with finance, health and social work, and transport experiencing the most growth since 2011. One industry that has surged in recent years is the video game industry; from 2010 to 2015 revenue in this industry increased by a factor of ten.

Government Policy
The government of Stockholm has tried to maintain fiscally responsible economic policies, with a projected balanced budget through 2030. Sweden as a whole has cut social spending and promised to maintain a surplus. Stockholm has a AAA long-term credit rating due to its prudent fiscal management. There is concern about the government's management of a housing shortage in Stockholm with queues for housing reaching over half a million people. There are also concerns about the government's handling of the diminishing role of cash payment in society as more Swedes decide to forego cash altogether. Despite potential problems, Stockholm's fiscal policies and encouragement of innovation has allowed its economy to continue to grow.

Technology
A large and growing sector of Stockholm's economy is the high technology industry. 19 percent of those employed in Stockholm county are in professional, scientific, and technical sector. Stockholm is home to major tech companies. This includes music streaming services, such as Soundcloud and Spotify, and easy payment services, including iZettle and Klarna. However, there are concerns that smaller startups are going to struggle to find capital and the sector will remain dominated by larger companies. Despite these concerns, the high tech industry continues to grow, and Stockholm has produced the second most billion-dollar tech companies per capita.

Tourism
Another expanding sector of Stockholm's economy is the tourism industry. 2017 saw a 7.4 percent increase in tourism spending over 2016 and was the best year for Swedish tourism on record. Thirty percent of overnight stays in Sweden occur in Stockholm with a plurality of foreign overnight stays coming from European countries. While Stockholm does not compete with the tourism of London or Paris, it has grown to the 21st most visited European country by bednights with 14.05 million bednights in 2017. Recent years have seen a marked increase in the number of hotel rooms available in Stockholm with growth of 7,000 rooms from 2010 to 2014 and continual expansion every year.

12/1/2018 Evaluation by Koopnasty
Koopnasty (talk) 15:30, 1 December 2018 (UTC)


 * Points: 38.5
 * Grade: 96%

Spelling/Grammar
Nearly Standard I believe High Tech should have a Hyphen. It might be safe to just say technology sector and then specify what you mean specifically by high-tech. The tourism section should read 21st, not 21th. Last sentence should read "recent years have seen" vs "has seen". A lot of sentences repeat some words when the subject was already implied (for example you say "such as" twice in the third sentence under High tech). Just a few errors here but the corrections can help with the flow.

Language
Does not meet Standard The first two sentences can be combined for a smoother read. When you refer to a quarter of companies in the third sentence, it is difficult to understand what you mean. The first sentence under "high tech" would sound better reading: "Technology is a growing sector of Stockholm's economy, specifically the high-tech industry. 19% of employment in Stockholm county is in the professional, scientific, and technical sectors." It is also confusing if you are referring to technical sectors as a skilled profession or the production of high-tech products or services for public or private consumption. Overall I would give language a strong look!

Organization
Meets Standard Clean organization. The last two sentences under government policy might need more sprucing. They could easily go under the Economy portion as they relate to the economy more than the government.

Coding
Exceeds Standard Very clean.

Validity
Meets Standard This one is hard when using economic data. I struggles with my last assignment (economy of Seville) and checking multiple sources for one fact might help. A lot of the information is vague i.e. what exactly is the GDP, what are a couple of the policies you mentioned from the government, and what are some of these growth patterns (numerically) that you have mentioned?

Completion
Meets Standard You covered all bases that should be mentioned economically, but the caveat is that when you mention a subject it should have some data to back it up vs. blanket statements.

Relevance
Meets Standard Good information, however it reads kind of choppy in the first couple of paragraphs because of the placement of random facts. However these facts help with the grade of completeness (which has to sacrifice for the relevance grade and visa versa). I didn't see any information that didn't belong, but to get the best grade on both of these areas is to have more than the minimum required content.