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Reforming the Welfare State - Recovery and Beyond in Sweden (Hardcover)
Loot Price: R3,313
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Reforming the Welfare State - Recovery and Beyond in Sweden (Hardcover)
Series: (NBER) National Bureau of Economic Research Conference Reports
Expected to ship within 12 - 19 working days
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Over the course of the twentieth century, Sweden carried out one of
the most ambitious experiments by a capitalist market economy in
developing a large and active welfare state. Sweden's generous
social programs and the economic equality they fostered became an
example for other countries to emulate. Of late, Sweden has also
been much discussed as a model of how to deal with financial and
economic crisis, due to the country's recovery from a banking
crisis in the mid-1990s. At that time economists heatedly debated
whether the welfare state caused Sweden's crisis and should be
reformed--a debate with clear parallels to current concerns over
capitalism.
Bringing together leading economists, "Reforming the Welfare State"
examines Sweden's policies in response to the mid-1990s crisis and
the implications for the subsequent recovery. Among the issues
investigated are the way changes in the labor market, tax and
benefit policies, local government policy, industrial structure,
and international trade affected Sweden's recovery. The way that
Sweden addressed its economic challenges provides valuable insight
into the viability of large welfare states, and more broadly, into
the way modern economies deal with crisis.
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