Copyright 1996

particularly, your studies Can you 
related to that topic'  
something about your university 
P   Well, can you help me please'
P
Yes I'm   after my high school, 
W Sure 
school in Sweden, I went to the  
P   Well, it's like that I have found cheap
university — University of Laccommodation here in the last day in the
southern part of Sweden in a part 
newspaper and er it's a one bedroom flat
Scania Quite near Denmark and  
and but it s unfurnished so I want some
Germany
advice how I could find some cheap
W Oh right
furniture because I'm a student and I
P
and er I studied majorly Business
don't have so much money as you
Administration, Economics and  
W OK Well yes OK Um you can either rent
Commercial Law at university for 
your furniture  it depends on  How
year
long are you staying here'
W Oh right So um private business I
P   Well I think it would be a year, I think,
suppose is the area that you would 
say, yes  
most interested in'  
W A year Well you can either rent some
P
Yeah That's right But, the the 
pieces of furniture or perhaps better still.
lately, in Europe especially have 
you can buy furniture  
a condition there the most of the  
P   So it's not so big difference betvveen
movements and the interesting 
renting or buying from if I'm here for a
sometimes in the public sector  
year  
W Oh right
W Mm I think the long term rental of
P
So therefore maybe there 11 be 
furniture could be quite costly
possibilities there instead cause it's 

---

  dou ngoing or in the private sector Yes.
W Mm Mm Yeah But just going back to  
w  So does that mean that urn  
what you've just said about the  
  unemployment is er high in Sweden at the
recession   there seems to be quite a few  
  moment'  
countries m the world at the moment  
p   Yes in fact u hen you hear the word  
Japan for instance, that are experiencing .1  
  Sweden you sometimes connect it with
bit of a downturn in the economy Do you  
  low unemployment figures but in fact
foresee any improvement in ter.ms of the  
  today we have had quite high  
recession through out the globe' Do do  
  unemployment especially among young
you see that'
  people and academic people yes  
P
Yes I see in in some parts, there of course  
w  I see So the recession has hit the er  
if you look at these trade areas as the  
  ordinary Swede fairly harshly'  
European market
p   Yeah, that's right  
W Right
w  Mm Um One thing about Sweden that
P
and recently we have heard about the  
  I've always well um believed is that there "
the the er, agreement in America  
  is a particularly high taxation rate Is that
W Right
  true
7
  
p
and some people m Australia for  
p   Yes, but since 2 or 3 years ago that had
example don't understand that this would  
  been changed not only the income  
made it a little bit harder for Australian  
  taxation, also for example for taxation on
companies to export to these areas m  
  alcohol  
America because there will be a trade war  
w  Right  
w Yes
p   and just to move the country much  
p
But the important thing is not only the  
  more towards the EC ' 'cos we are had in
facts always, sometimes it's the  
  EC plan enrolment for a couple of years
expectations So, I see some expectation in  
  ago  
the world today, yes even if we have  
w  Right  
especially in Europe   we have some wars  
p   so we intend to be a part of the EC in
there as you know in the Eastern Europe  
  95, yes  
and that's affect the whole economy but  
v Right I don I know if you re aware but in
the expectation is much more important  
  Australia people are constantly  
than the effects
  complaining about our high taxation rate I
w Yeah I'm not quite clear what you mean  
  don't think it s quite as high as Sweden's
by expectations Can you'
  What do people think about taxation in
p
Expectations   if you today if you have  
  Sweden'  
seen the statements and comments in the  
p   Generally Well as most people as you said
newspaper about this agreement in the  
  hate the uord tax It s not so funny when
W Yes
  the tax bill comes Um, but in fact 1 will
p
in America you see that most people arc-  
  I'm not really er agree with you about that
quite positive even if they know that it  
  because 1 think Sweden have the lower
will in some cases hit Australia in a bad  
  taxes mm than Australia in fact  
way
  Especially v\ hen you if you have, a, in a
w This is um NAFTA 
!
  higher level of wages  
p
NAFTA Yes Right And But the the  
w  Oh right What is the rate in Sweden'  
dynamic effects are are forecast or  
p   Well It s not no   it's not over 50% It had
expected to be more important than these  
  been 80%  
smaller effects on special businesses in  
w  80%'  
Australia and throughout the world So  
p   Quite often quite often it's just 35 or 30%
right
  Which 1 Ihink is quite alright  
w So There'll be long term gams  
w  Right Mm I'm not really aware of how
p
Right long term gains and with it big big  
  much it is in Australia but 1 thought it was
communities, like, or big areas with free  
  something like 39 or 40 %  
trade, will create a high competition, and  
p   Well okay  
then more movement of people and better  
v 1 think so 1 m not really sure I'm not an
allocation of resources
  economist  
w Right Well that sounds as if um there  
p   Well okay It depends if you talk about
could be some improvement there  
  median or average figures it's working
p
We would hope so Yes
  pretty good  
w
I think Australians are waiting for an  

---

improvement in our economy as well.  
 
P. You’ve hit the recession. One of the first 
countries who hit the recession and that have 
been with us a long time. Stucked because you 
have had other your business 
pa mers have hit the recession later on. So 
yl have had been hi. a little bit harder 
tnan we have had. That's right. 
 
W
  Yes Thai's a shame isn't ,t. Oh well we 
hope, I hope we can all come out of this 
safely and er we all do well in the end. 
Okay. Thank you very much. It was nice  
talking to you.  
P.   Thank you.  
W. Good  
Thai's the end of Phases 4 and 5 and the end  
of the interview.  
i 
EC
—
 
European Community (now the  
European Union)