Reform Capacity And Macroeconomic Performance In The Nordic Countries
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Reform Capacity And Macroeconomic Performance In The Nordic Countries
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Author : Torben M. Andersen
language : en
Publisher: Oxford University Press, USA
Release Date : 2015
Reform Capacity And Macroeconomic Performance In The Nordic Countries written by Torben M. Andersen and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business & Economics categories.
This volume examines whether the reform experiences in the Nordic economies offer some lessons for the design of the general fiscal framework in the wake of the financial crisis.
Reform Capacity And Macroeconomic Performance In The Nordic Countries
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Author : Torben M. Andersen
language : en
Publisher: OUP Oxford
Release Date : 2015-02-05
Reform Capacity And Macroeconomic Performance In The Nordic Countries written by Torben M. Andersen and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-05 with Business & Economics categories.
The outbreak of the financial crisis in 2008 has had significant effects on economic activity, unemployment, and public finances for all European countries. However, European economies do not form a homogenous region, and any serious analysis of macroeconomic imbalances in Europe must account for the fact that different economic and political models and circumstances operate across the continent. This book focuses on the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden) which have a relatively good record of undertaking fiscal and structural reforms after their own financial and debt crises in the 1980s and 1990s. The Nordic countries are small and open economies, well-known for their high income levels, high employment rates, organized labour markets, a relatively equal distribution of incomes, and large public sectors. From this perspective, the book asks whether there are lessons that might be learned from the Nordic economies. Is there a distinctive Nordic model that could be usefully followed, by other small open economies, in terms of fiscal and monetary policy design, labour market policies and reforms, and financial and housing market regulation? It is inappropriate to define the Nordic model in terms of a common set of policies. Since the key characteristics, including the overarching objectives and supporting institutions, have strong historical foundations, copying and pasting them to other countries is not easily done. Even though the Nordic experiences are not directly transferable, they may add new knowledge about the importance of institutional design, fiscal consolidation, and structural reforms not only for macroeconomic performance but also for how to preserve key objectives such as social balance and equity.
The Routledge Handbook Of Scandinavian Politics
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Author : Peter Nedergaard
language : en
Publisher: Routledge
Release Date : 2017-08-09
The Routledge Handbook Of Scandinavian Politics written by Peter Nedergaard and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-09 with Political Science categories.
The Routledge Handbook of Scandinavian Politics is a comprehensive overview of Scandinavian politics provided by leading experts in the field and covering the polity, the politics and the policy of Scandinavia. Coherently structured with a multi-level thematic approach, it explains and details Scandinavian politics today through a series of cutting-edge chapters. It will be a key reference point both for advanced-level students developing knowledge about the subject, as well as researchers producing new material in the area and beyond. It brings geographical scope and depth, with comparative chapters contributed by experts across the region. Methodologically and theoretically pluralistic, the handbook is in itself a reflection of the field of political science in Scandinavia and the diversity of the issues covered in the volume. The Routledge Handbook of Scandinavian Politics will be an essential reference for scholars, students, researchers and practitioners interested and working in the fields of Scandinavian politics, European politics, comparative politics and international relations.
Creative Co Evolution Of The Economies And Welfare States In The Nordic Countries
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Author : Norio Tokumaru
language : en
Publisher: Springer Nature
Release Date : 2025-01-25
Creative Co Evolution Of The Economies And Welfare States In The Nordic Countries written by Norio Tokumaru and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-01-25 with Business & Economics categories.
This book analyses the changes of welfare states, examining their sustainability enabled by innovative adaptations. On the basis of evolutionary social sciences, the authors understand the welfare states as complex adaptive systems, in which the actors’ perceptions, strategies and behaviours change in adaptive manners, which results in institutional changes. From this perspective, the dynamics of Nordic welfare states, mainly Finland as the Nordic welfare state under the greatest pressure to adapt, is analysed from the multiple perspectives of history, politics, economics and social policy. Through these analyses, the authors show that the long-term changes in welfare states can be creative evolutionary processes in which the experiences, cognitive frameworks, resources and capacities of different actors allow for diverse responses and, as a result of interaction, diverse outcomes. The book also illustrates the historical processes of welfare states’ formation that have created the human and social resources and capabilities that enable innovative responses today.
The Politics Of Budgetary Surplus
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Author : Scott Brenton
language : en
Publisher: Springer
Release Date : 2016-11-04
The Politics Of Budgetary Surplus written by Scott Brenton and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-04 with Law categories.
This book probes the hollow rhetoric of debt, deficits and austerity. It explores the decisions of parties of the left which have attempted to deflect criticisms of economic mismanagement and gain trust by depoliticising the budget process and financial management with various rules, albeit with elements of discretion. The book argues that this is a perverse form of trust as it is premised on the belief that political leaders and the public sector cannot be trusted to make appropriate decisions given the economic circumstances of the time and need rules, but at the same time that they can be trusted to follow the rules. The book also explores parties of the right, which often advocate stricter rules and which tend to be the least effective. The book describes how few conservative governments have admirable records on sustained surpluses, given a propensity for unsustainable tax cuts, and the future opportunities this provides to advance a political program of deeper spending cuts.
The Nordic Countries And The European Union
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Author : Caroline Howard Grøn
language : en
Publisher: Routledge
Release Date : 2015-02-20
The Nordic Countries And The European Union written by Caroline Howard Grøn and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-20 with Political Science categories.
In European policy-making, the Nordic countries are often viewed as a relatively coherent bloc; in international and European affairs the Nordic position has traditionally been conditioned on being different from and better than Europe. This book offers a coherent, original and systematic comparative analysis of the relationship between the Nordic countries and the European Union over the past two decades. It looks at the historical frame, institutions and policy areas, addressing both traditional EU areas such as agriculture and more nascent areas affecting the domestic and foreign policies of the Nordic countries. In doing so, it examines how the Nordic approach to European policy-making has developed and explains why the Nordic countries are similar in some respects while differing in others when engaging with EU institutions. In highlighting the similarities and differences between the Nordic countries it explores what lessons – positive and negative – may be drawn from this approach for the Nordic countries and other small states. This book will be of interest to scholars, students and practitioners engaged with the Nordic Countries, EU politics and policy-making, European politics and comparative politics.
Welfare And The Great Recession
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Author : Stefán Ólafsson
language : en
Publisher: Oxford University Press
Release Date : 2019-01-10
Welfare And The Great Recession written by Stefán Ólafsson and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-10 with Business & Economics categories.
Welfare and the Great Recession surveys and analyses welfare consequences in the period following the financial crisis in Europe. It investigates how the burdens of the recession were shared between countries, between different socio-economic groups across Europe, and within individual countries, and offers new evidence that demonstrates the importance of the welfare state and government policies in sheltering populations from serious economic contraction. The first comprehensive study of the Great Recession in Europe that focuses on household level welfare consequences, this edited volume relates financial hardship to institutional characteristics such as welfare regimes, currency regimes, socio-political patterns, affluence levels, public debt, and policy reactions to periods of crisis. It takes into account stimulus versus austerity, the degree of social protection emphasis, the commitment to redistribution, and the significance of activism. Widely comparative, Welfare and the Great Recession combines comparisons of thirty countries with an in-depth study of nine country cases to offer various lessons from the crisis experience in Europe and reflect on welfare futures in a globalized crisis-prone environment.
Economic Performance In The Nordic World
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Author : Torben M. Andersen
language : en
Publisher: University of Wisconsin Pres
Release Date : 2021-08-31
Economic Performance In The Nordic World written by Torben M. Andersen and has been published by University of Wisconsin Pres this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-31 with Business & Economics categories.
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.
Nordic Economic Policy Review 2022 Covid 19 Effects On The Economy In The Nordics
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Author : Andersen, Torben M.
language : en
Publisher: Nordic Council of Ministers
Release Date : 2022-06-07
Nordic Economic Policy Review 2022 Covid 19 Effects On The Economy In The Nordics written by Andersen, Torben M. and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-07 with Business & Economics categories.
Available online: https://pub.norden.org/nord2022-001/ This issue of the Nordic Economic Policy Review surveys the economic repercussions of the COVID-19 pandemic and the health and economic policies introduced to minimise its impact in the Nordic countries. Although national policies were broadly similar, they also differed in many respects. Given that some enjoyed greater success than others, comparing different policies and their effects may yield valuable lessons for the future. The Nordic countries weathered the pandemic relatively well compared to most other high-income countries, both in terms of public health and economic repercussions. Infection and excess mortality rates were comparatively low in the Nordic Region, except in Sweden, where they relied more on recommendations and guidelines than mandatory measures to contain the spread of the virus. The fall in GDP was also comparatively small and short-lived in all the countries except Iceland, where tourism plays a more prominent role in the economy. Nordic Economic Policy Review (NEPR) aims to convey policy-relevant, up to date research on different economic issues. The review produces one issue per year, each time with a new topic and researchers. NEPR strives to make the latest economic research accessible to both decision-makers and a broader audience, as well as to contribute to Nordic knowledge exchange on economic policy issues and challenges.
Getting Globalization Right
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Author : Luigi Paganetto
language : en
Publisher: Springer
Release Date : 2018-09-15
Getting Globalization Right written by Luigi Paganetto and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-15 with Business & Economics categories.
This book presents stimulating new perspectives on three key sets of issues: a fair globalization, the policies that might be adopted in response to protectionist pressures, and sustainable development policies involving G7 and G20 actions to lay the foundations for renewed trust. The individual topics addressed within this framework are wide ranging. Examples include globalization and national inequality, globalization and policies for inclusive growth in developing countries, the sources of controversies regarding trade agreements and their effects, the impact of new U.S. commercial policies on the world trading system, real convergence in the Euro area, and the causes of Brexit. The book comprises a selection of contributions presented at the XXIXth Villa Mondragone International Economic Seminar. In offering contrasting points of view on topics of high current interest, it will appeal to academics, policymakers, and economic experts at institutions.