The Swedish Model

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    Abstract

    The main characteristics of ‘the Swedish model’ are arguably related to the country's knowledge-intensive industry and its advanced welfare state. The purpose of this chapter is to discuss the historical development of these two features of the Swedish economy. The first part looks at industrial development, highlighting both the reasons for the rapid industrialization in the late 19th century and the subsequent shift from raw materials to human capital and knowledge as the main competitive advantages. The second part turns to the development of welfare state, stressing the gradual increase in benefits and coverage as well as the emphasis on universal rather than means-tested benefits. The final part suggests some policy conclusions for today's developing countries and emerging economies.


    OriginalsprogEngelsk
    TitelDevelopment Success : Historical Accounts from More Advanced Countries
    RedaktørerAugustin K. Fosu
    UdgivelsesstedOxford
    ForlagOxford University Press
    Publikationsdato2012
    Sider73-114
    Kapitel4
    ISBN (Trykt)9780199660704
    DOI
    StatusUdgivet - 2012
    NavnWIDER Studies in Development Economics

    Emneord

    • Sweden
    • Industrialization
    • Welfare state

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