Sweden has long been viewed as epitomizing a particular approach to economic and social policy. To its advocates, the Swedish welfare state builds on a strong social consensus favoring extensive state intervention to ensure a high quality of life for all Swedes. To its critics, the Swedish system is marked by excessive government intervention and attendant inefficiencies. These contrasting views are captured in imagery used by Prime Minister Goran Persson: "think of a bumblebee. With its overly heavy body and little wings, supposedly it should not be able to fly- but its does." The Swedish welfare state is the bumblebee that has managed to fly. This book draws on many years of IMF surveillance and policy advice to understand how it has done so, to access the challenges that the "Swedish model" faces in the new century, and to draw lessons for the many other countries that face similar challenges from globalization and demographics.
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Sweden has long been regarded as epitomizing the modern welfare state. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
dual income tax, taxing capital income, marginal excess burden, new equity finance, tax transfer system, effective corporate tax rate, wage compression, corporate tax system, labor market programs, general government revenues, statutory rate, centralized bargaining, bargaining framework, tax differentials, wage dispersion Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, European Commission, National Tax Board, Social Welfare, Structure of Government, New Zealand, Past Developments, World Economic Outlook New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Sweden has long been regarded as epitomizing the modern welfare state. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
dual income tax, taxing capital income, marginal excess burden, new equity finance, tax transfer system, effective corporate tax rate, wage compression, corporate tax system, labor market programs, general government revenues, statutory rate, centralized bargaining, bargaining framework, tax differentials, wage dispersion Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, European Commission, National Tax Board, Social Welfare, Structure of Government, New Zealand, Past Developments, World Economic Outlook New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 18
books:
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- Economic Growth by Robert J. Barro in Back Matter (1), Back Matter (2), and Back Matter (3)
- Tax Reform and the Cost of Capital: An International Comparison by Dale W. Jorgenson in Back Matter (1), Back Matter (2), and Back Matter (3)
- The Welfare State: The Selected Essays of Assar Lindbeck (Economists of the Twentieth Century) by Assar Lindbeck on page 81, and Back Matter
- The Welfare State in Transition: Reforming the Swedish Model (National Bureau of Economic Research Conference Report) by Richard B. Freeman in Back Matter (1), and Back Matter (2)
- Handbook of Income Distribution, Volume 1 (Handbooks in Economics) by Anthony B. Atkinson in Back Matter (1), and Back Matter (2)
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