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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-1990's. 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-1990's 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.

Microeconomics --- Public economics --- Sweden --- Labor market - Sweden. --- Labor market -- Sweden. --- Manpower policy - Sweden. --- Manpower policy -- Sweden. --- Sweden - Economic conditions - 1945-. --- Sweden -- Economic conditions -- 1945-. --- Sweden - Economic policy. --- Sweden -- Economic policy. --- Welfare state - Sweden. --- Welfare state -- Sweden. --- Manpower policy --- Labor market --- Welfare state --- Business & Economics --- Economic History --- Economic conditions --- Economic policy. --- E-books --- welfare, reform, government, policy, aid, assistance, poverty, equality, wealth, social programs, financial crisis, banking, recovery, international, politics, economics, capitalism, manpower, labor, workforce, trade, industrial structure, tax, taxation, global markets, competition, regulation, unemployment, depression, economy, women, gender, wage determination, wages.

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Labor policy --- Personnel management --- Labor market --- Management --- Employee participation --- -Labor policy --- -Management --- -Personnel management --- -Corporations --- Employment management --- Human resource management --- Human resources management --- Manpower utilization --- Personnel administration --- Public administration --- Employees --- Employment practices liability insurance --- Supervision of employees --- Administration --- Industrial relations --- Organization --- Labor --- State and labor --- Economic policy --- Market, Labor --- Supply and demand for labor --- Markets --- Government policy --- Supply and demand --- -Employee participation --- -Labor market --- Corporations --- Labor policy - Sweden --- Personnel management - Sweden --- Labor market - Sweden --- Management - Employee participation - Sweden

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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 Göran Persson: "Think of a bumblebee. With its overly heavy body and little wings, supposedly it should not be able to fly--but it 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 explain how it has done so, to assess the challenges that the Swedish model faces in the new century, to propose a strategy for dealing with those challenges, and to draw lessons for the many other countries that face similar challenges from globalization and demographics.

Labor market -- Sweden. --- Public welfare -- Sweden. --- Sweden -- Economic conditions. --- Sweden -- Economic policy. --- Sweden -- Social conditions. --- Welfare state. --- Welfare state --- Public welfare --- Labor market --- Business & Economics --- Economic History --- 316.323.65 <485> --- 316.32 <485> --- -331.30 --- 331.31 --- 331.32 --- SE / Sweden - Zweden - Suede --- -Labor market --- -330.9485 --- Employees --- Market, Labor --- Supply and demand for labor --- Markets --- Benevolent institutions --- Poor relief --- Public assistance --- Public charities --- Public relief --- Public welfare reform --- Relief (Aid) --- Social welfare --- Welfare (Public assistance) --- Welfare reform --- Human services --- Social service --- State, Welfare --- Economic policy --- Social policy --- State, The --- Welfare economics --- Verzorgingsstaat. Welvaartsstaat--Zweden --- Globale samenlevingsvormen--Zweden --- Economische toestand. --- Economisch beleid. --- Structuur van de economie. --- Supply and demand --- Government policy --- Sweden --- Economic conditions. --- Economic policy. --- 316.32 <485> Globale samenlevingsvormen--Zweden --- 316.323.65 <485> Verzorgingsstaat. Welvaartsstaat--Zweden --- Social conditions. --- 330.9485 --- 331.30 --- Economische toestand --- Economisch beleid --- Structuur van de economie --- E-books