The Scandinavian challenge - The future of advanced welfare states in the knowledge economy
Author
Summary, in English
The Scandinavian countries - Denmark, Norway, Sweden and Finland - have developed a particular model of welfare, employment and economic governance. It is based on universal access to tax-financed social services and social insurance, full employment secured by expansive macro-economic policies and active labour market policies, highly organized labour markets, corporatist interest mediation, and so on. This article surveys the response of the Scandinavian socio-economic model to the challenges of economic globalization and the rise of a knowledge-based economy. It has repeatedly been stated that this changing economic model 'requires' labour market deregulations, tax cuts and privatizations of public services. The experience of the Scandinavian countries in the 1990s indicates that it is possible to retain traditional commitments to employment and social security by developing active policies for industrial renewal and support of innovation systems, technological development, scientific infrastructures and regional concentrations of industrial competence.
Department/s
- Research Policy Institute (RPI)
Publishing year
2003
Language
English
Pages
132-149
Publication/Series
Acta Sociologica
Volume
46
Issue
2
Document type
Journal article
Publisher
SAGE Publications
Topic
- Social Sciences Interdisciplinary
Keywords
- welfare
- policy adjustment
- innovation
- globalization
- employment
Status
Published
ISBN/ISSN/Other
- ISSN: 0001-6993