The Welfare State in Transition


Book Description

Once heralded in the 1950s and 1960s as a model welfare state, Sweden is now in transition and in trouble since its economic plunge in the early 1990s. This volume presents ten essays that examine Sweden's economic problems from a U.S. perspective. Exploring such diverse topics as income equalization and efficiency, welfare and tax policy, wage determination and unemployment, and international competitiveness and growth, they consider how Sweden's welfare state succeeded in eliminating poverty and became a role model for other countries. They then reflect on Sweden's past economic problems, such as the increase in government spending and the fall in industrial productivity, warning of problems to come. Finally they review the consequences of the collapse of Sweden's economy in the early 1990s, exploring the implications of its efforts to reform its welfare state and reestablish a healthy economy. This volume will be of interest to policymakers and analysts, social scientists, and economists interested in welfare states.




Migration and Labor Market Adjustment


Book Description




Defending the Swedish Model


Book Description

Across Europe the prospect of a rapidly shrinking workforce has put increased labor migration back on the political agenda However for many on the political left concerns exist that less restrictive labor migration policies threaten core features of the social democratic project. This is perhaps clearest in Sweden which in late 2008 adopted a liberal approach to third-country national labor migration allowing employers to hire freely from outside the European Union. Defending the Swedish Model explores the debate leading up to this reform focusing on the preferences of the Swedish Social Democratic Party (SAP) and the Swedish trade union confederation (LO). While generally positive to the economic potential of increased labor migration these allies remained highly skeptical toward calls from employers and bourgeois parties for liberalization Gregg Bucken-Knapp argues that the SAP and LO develop their labor migration policy preference on the basis of whether specific reform alternatives are perceived as being consistent with or as undermining the Swedish model in the case of third-country nationals both allies considered liberalization a threat to full employment aims instead seeking to preserve an influential role for the state labor market board and organized labor. Bucken-knapp also focuses on the Swedish labor migration debate prior to the 2004 enlargement of the European union showing how SAP concerns over potential abuse of the universal welfare sate led to its support for transitional arrangements defending the Swedish model illuminates the challenges faced by social democrats and trade unions when considering the need for increased labor migration Book jacket.




Do Active Labor Market Policies Increase Employment?


Book Description

Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.




Reforming the Welfare State


Book 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.










The Unequal Pandemic


Book Description

EPDF and EPUB available Open Access under CC-BY-NC- ND This accessible, yet authoritative book shows how the pandemic is a syndemic of disease and inequality. It argues that these inequalities are a political choice and we need to learn quickly to prevent growing inequality and to reduce health inequalities in the future.