Thursday, January 1, 2015

The Real Success of the Nordic Welfare State - Part I

The Nordic welfare states were for decades considered role models; they were supposedly the proof that a highly developed welfare state could coexist successfully with an economically free society. Indeed, the Nordic countries, especially Sweden and to some extent Denmark, were recognized for pushing the welfare state further than other countries, for having developed social-democratic “universal” welfare states, and at the same time managing competitive economies with high rates of growth.[1] Though there is some truth to these perceptions, they require some important amendments that might somewhat tarnish this rosy view.