Reforming the Welfare State: Recovery and Beyond in Sweden (National Bureau of Economic Research Conference Report)

Reforming the Welfare State: Recovery and Beyond in Sweden (National Bureau of Economic Research Conference Report)
Publisher: University Of Chicago | ISBN: 0226261921 | edition 2010 | PDF | 352 pages | 2 mb

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.

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