The Swedish Model

Ari Kokko

No wp-2010-088, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The main characteristics of 'the Swedish model' are arguably related to the country's knowledge-intensive industry and its advanced welfare state. The purpose of this paper is to discuss the historical development of these two features of the Swedish economy. The first part looks at industrial development, highlighting both the reasons for the rapid industrialization in the late 19th century and the subsequent shift from raw materials to human capital and knowledge as the main competitive advantages.

Keywords: Economic development; Industrialization; Management (Technological innovations); Welfare state (search for similar items in EconPapers)
Date: 2010
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