The Real Success of the Nordic Welfare State - Part II

It may not have been true in the past, but today there is a real reason to admire the Nordic welfare states. Since the late 90s, after the banking crisis of 1991 in Sweden and Finland and the recession of the early 90s, these welfare states have been radically transformed. It is even possible to speak of a “reinvention” of the welfare state.[1] 


The Nordic countries, and in particular Sweden, have shown a remarkable amount of political will to carry out reforms whose aim has been to ultimately preserve - not destroy - the welfare state.