By Richard B. Freeman,Robert H. Topel,Birgitta Swedenborg

Once heralded within the Fifties and Sixties as a version welfare kingdom, Sweden is now in transition and in hassle considering its fiscal plunge within the early 1990s.

This quantity provides ten essays that research Sweden's financial difficulties from a U.S. viewpoint. Exploring such assorted themes as source of revenue equalization and potency, welfare and tax coverage, salary selection and unemployment, and foreign competitiveness and progress, they think about how Sweden's welfare kingdom succeeded in removing poverty and have become a job version for different international locations. They then examine Sweden's prior fiscal difficulties, comparable to the rise in govt spending and the autumn in commercial productiveness, caution of difficulties to return. eventually they evaluate the results of the cave in of Sweden's economic climate within the early Nineteen Nineties, exploring the results of its efforts to reform its welfare kingdom and reestablish a fit economy.

This quantity can be of curiosity to policymakers and analysts, social scientists, and economists attracted to welfare states.

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