Brain357
Platinum Member
- Mar 30, 2013
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A number of comparative studies of economic and social performance have ranked the Nordics high. A common finding of cross-country comparisons is that the Nordics succeed better than other countries in combining economic efficiency and growth with a peaceful labour market, a fair distribution of income and social cohesion. The model is pointed to as a source of inspiration for other people in their search for a better social and economic system. On the other hand, many observers around the world are amazed that “the bumble-bee can fly” – that the Nordic economies can prosper and grow in spite of the presumably weak economic incentives associated with high tax wedges, a generous social security system and an egalitarian distribution of income. Critics have been looking for inner contradictions in the model and they have questioned its sustainability. Some argue that the economic performance of the Nordic countries is simply a result of exceptional and temporary advantages, bound to disappear over time. This report deals with the Nordic model, the reasons why it has worked in the past, and the challenges it is being subjected to in the future. Present economic and social trends, including globalization and demographic change, pose significant challenges to the model as we know it. The model will remain viable and successful only if the challenges and the need for reform are understood – and if action is taken. THE NORDIC MODEL Embracing globalization and sharing risks Torben M. Andersen, Bengt Holmström, Seppo Honkapohja, Sixten Korkman, Hans Tson Söderström, Juhana Vartiainen
https://economics.mit.edu/files/5726
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That's because Coward Continent countries don't have to spend much money on defense, because they are under the protection of the US military. So that frees up more of their budgets to spend on social programs. In other words, they achieve this social model on OUR tax dollars and parasites don't impress me. And the Islamic human condom Coward Continent has always been the the constant, habitual ingrate, spoiled-brat, backstabbing parasite on this country. Ohhh, how I detest Eurocuckolds and their attitude (said attitude inserted by a proctologist). Hate them, hate them, hate them with every quantum of my yankee-doodle-soul.
We don't need to spend as much as we do on the military. We spend more than like the next 10 countries combined.