The still existing rigidities in product and labour markets that impair effective competition and flexibility, and more generally the presence of regulatory restraints on business, have prevented firms from investing more strongly in the adoption of new information and communication technologies, which could be effective tools to reduce costs and improve productivity.
You might be aware that Sweden ranks among the countries where cash usage is declining rapidly, with demand for cash having contracted by 40% since 2008. That, of course, dramatically reduces cash’s network effect. At some point, cash usage might fall below a critical threshold.