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Sweden is leading global efforts to shape the transition to a new era of digitalization and disruptive technologies associated with the Fourth Industrial Revolution. The Journal of International Affairs spoke to Ylva Johansson, Sweden's Minister for Employment and Integration, about emerging challenges for labor markets and social-welfare models, as well as the necessary governance arrangements to confront these. This interview took place on 8 October 2018 and has been edited for clarity and length.

Sweden's government said yesterday it plans to create a national blood bank containing stem cells from donated umbilical cords and used to more effectively treat deadly diseases like leukemia. Some 6,000 transplants using umbilical-cord stem cells have been done to date worldwide, but only around a dozen have been carried out in Sweden, which so far has been forced to request the stem cells from foreign blood banks.

Minister of Children and Families Berit Andnor will assume the social affairs portfolio. [Ylva Johansson], who is married to former Finance Minister Erik Asbrink, has worked with web-based training since leaving the government.