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This book represents the first recent attempt to provide a comprehensive treatment of Sweden's economic development since the middle of the 18th century. It traces the rapid industrialisation, the political currents and the social ambitions, that transformed Sweden from a backward agrarian economy into what is now regarded by many as a model welfar
This books examines economic conditions and policies in Sweden. Topics include adjusting to slower economic growth, labor markets, taxation, the public sector, and Swedish political foundations.
This set reprints works by, and about, Swedish economists working between the turn of the century and 1960. The editor provides an overview of Swedish economics, as well as growth and specialization within the discipline.
Tommy Bengtsson The Swedish welfare model of the 1960s and 1970s excited great interest among many other countries. Today it still is an ideal image for some but a warning for many others. The reason why opinion about the Swedish welfare model has changed is primarily Sweden's financial problems, which are associated with a badly financed and excessively large public sector. It is argued that the size of the budget deficit is a great problem in itself, but also, and perhaps more importantly, that the large public sector has negative effects on the entire economy since it lead to inefficient allocation of resources. A first step in order to solve these problems is to examine how they arose. The questions then are to what extent the large public sector which Sweden has today results from social entitlements which have come into existence since the 1960s, from the maturing of welfare systems decided upon earlier, from unfavourable demographic developments, or from economic stagnation, and how these factors are interlinked. What is quite clear is that Sweden has had very low economic growth during the 1970s and 1980s compared with the preceding period. But so have many other industrial countries, without their having in consequence found themselves in diffi culties as great as Sweden's. Therefore economic stagnation alone cannot explain Sweden's situation.
This set reprints works by, and about, Swedish economists working between the turn of the century and 1960. The editor provides an overview of Swedish economics, as well as growth and specialization within the discipline.
During the 1870 to 1970 period, Sweden experimented with a number of social policy measures, including far-reaching egalitarian policies and an extensive welfare system, yet they still enjoyed one of the most rapid growth rates in the world economy. These policy experiments in large part marked the beginnings of the academic field of economic history, nurtured most carefully by Eli F. Heckscher. This collection of reprinted articles by various authors reflects upon Sweden's economic maturity from a poor preindustrial nation to a wealthy European model economy. The development of Sweden's banking system plays prominently in the discussion, as does the importance of exports and transportion lines to this geographically small country with a long coastline. But perhaps the most attention goes to how the Swedish economy thrived while steadfastly emphasizing their public welfare system. Annotation copyrighted by Book News, Inc., Portland, OR
Economics in Sweden contains the results of one of the most comprehensive attempts to evaluate research in economics ever undertaken. A team of Swedish and international researchers, including Avinash K. Dixit, Seppo Honkapohja and Robert M. Slow, examined the structure of economics in Sweden and its results. They identified postgraduate education as a key area, and their findings will be of particular relevence at a time when many countries are restructuring their graduate education programme.