| Reforming the Welfare State: Recovery and Beyond in Sweden Contributor(s): Freeman, Richard B. (Editor), Swedenborg, Birgitta (Editor), Topel, Robert H. (Editor) |
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ISBN: 0226261921 ISBN-13: 9780226261928 Publisher: University of Chicago Press OUR PRICE: $121.77 Product Type: Hardcover - Other Formats Published: April 2010 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economic Conditions - Business & Economics | International - Economics - Business & Economics | Economics - Comparative |
| Dewey: 330.948 |
| LCCN: 2009024336 |
| Series: National Bureau of Economic Research Conference Report (Hardcover) |
| Physical Information: 0.8" H x 5.5" W x 8.4" (0.75 lbs) 352 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |
Contributor Bio(s): Freeman, Richard B.: - Richard B. Freeman is the Herbert Ascherman Professor of Economics at Harvard University and is a research associate of the National Bureau of Economic Research. |
