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OCR: Sweden has minimal income disparities and Swedish executives are generally paid less than their counterparts in France, Germany and Italy. Social competition and a sense of hierarchy are limited compared with other European states or the USA. Despite cuts in services, the welfare system still provides some of the best health, unemployment and pension provisions in Europe. Swedes are enthusiastic overseas property buyers, particularly of villas in Italy and the south of France. Net overseas per capita investment remains among the highest in the world.