Once heralded in the 1950s and 1960s as a model welfare state, Sweden is now in transition since its economic plunge in the early 1990s. This volume examines Sweden's economic problems from a US perspective, exploring such diverse topics as income equalization and efficiency, welfare and tax policy, wage determination and unemployment, and international competitiveness and growth. It considers how Sweden's welfare state succeeded in eliminating poverty and became a role model for other countries. The book then reflects on Sweden's past economic problems, such as the increase in government spending and the fall in industrial productivity. Finally it reviews the consequences of the collapse in Sweden's economy in the early 1990s, exploring the implications of its efforts to reform its welfare state and re-establish a healthy economy.
Acknowledgments Introduction Richard B. Freeman, Robert Topel, Birgitta Swedenborg. 1: Generating Equality and Eliminating Poverty, the Swedish Way Anders Bjorklund, Richard B. Freeman. 2: Public Employment, Taxes, and the Welfare State in Sweden Sherwin Rosen 3: Tax Policy in Sweden Erik Norrman, Charles E. McLure, Jr. 4: Wage Policy and Restructuring: The Swedish Labor Market since 1960 Per-Anders Edin, Robert Topel. 5: The Effects of Sweden's Welfare State on Labor Supply Incentives Thomas Aronsson, James R. Walker. 6: An Evaluation of the Swedish Active Labor Market Policy: New and Received Wisdom Anders Forslund, Alan B. Krueger. 7: Taxes and Subsidies in Swedish Unemployment Lars Ljungqvist, Thomas J. Sargent. 8: The Social Costs of Regulation and Lack of Competition in Sweden: A Summary Stefan Folster, Sam Peltzman. 9: Industrial Policy, Employer Size, and Economic Performance in Sweden Steven J. Davis, Magnus Henrekson. 10: A Heckscher-Ohlin View of Sweden Competing in the Global Marketplace Edward E. Leamer, Per Lundborg. Contributors Author Index Subject Index