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Economic Performance in the Nordic World (Paperback)

P&S History > Social Science & Culture > Politics > Political Sciences & Current Affairs

Imprint: Aarhus University Press
Series: The Nordic World
Pages: 108
ISBN: 9788772193274
Published: 28th August 2021
Casemate UK Academic

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The Nordic model rests on two pillars: the social safety net and the provision of services like education, childcare, and healthcare for all. It can also be characterized as an “employment model,” since its financial viability depends upon a high labor participation rate with very few working poor.

 

Economist Torben M. Andersen lays out the model’s structure and highlights factors important for understanding its economic performance. He then looks into specific policy areas based on Denmark’s experiences and addresses the challenges arising from new technologies and globalization.

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