Economic Performance in the Nordic World
Book Details
Format
Paperback / Softback
Book Series
The Nordic World
ISBN-10
8772193271
ISBN-13
9788772193274
Publisher
Aarhus University Press
Imprint
Aarhus Universitetsforlag
Country of Manufacture
DK
Country of Publication
GB
Publication Date
Aug 28th, 2021
Print length
108 Pages
Weight
216 grams
Dimensions
14.60 x 19.90 x 1.20 cms
Ksh 1,800.00
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Explores how the Nordic countries have managed to achieve such favourable economic performance.
The Nordic model rests on two pillars: the social safety net and the provision of services like education, childcare, and healthcare for all. It can also be characterized as an "employment model," since its financial viability depends upon a high labor participation rate with very few working poor. Economist Torben M. Andersen lays out the model's structure and highlights factors important for understanding its economic performance. He then looks into specific policy areas based on Denmark's experiences and addresses the challenges arising from new technologies and globalization.
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