History of Sweden (1991–present)

After a period of rapid growth and unprecedented economic prosperity during the late 1980s, by 1990 the Swedish economy overheated, and after a controversial bill freezing salaries and banning strikes failed in the Riksdag, the social democratic government led by Prime Minister Ingvar Carlsson resigned in February 1990. At this time the respected Finance Minister Kjell-Olof Feldt left the government in protest over what he saw as irresponsible economic policies.

Source: Wikipedia — History of Sweden (1991–present) (CC BY-SA 4.0)