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Social Democracy in Neoliberal TimesThe Left and Economic Policy since 1980$
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The Late Andrew Glyn

Print publication date: 2001

Print ISBN-13: 9780199241378

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199241378.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 October 2021

The Choices for Scandinavian Social Democracy in Comparative Perspective

The Choices for Scandinavian Social Democracy in Comparative Perspective

(p.253) 10 The Choices for Scandinavian Social Democracy in Comparative Perspective
Social Democracy in Neoliberal Times

Torben Iversen

Oxford University Press

The chapter has three-dimensional objectives. First, it aims to explain the introduction, maturity, and subsequent decrease of Danish and Swedish social democratic economic paradigms, concentrating on the 1980s and 1990s. Topics discussed are demand and supply equilibrium, macroeconomic fundamentals, and opportunity costs in wage decisions. Secondly, the chapter gives a comprehensive analysis of the interplay between economic regulations and macro organisations integrated in financial institutions. Internalisation and technological advancement is expected to come out of the experiences of Denmark and Sweden as compared with that of the Northern European democratic countries. Lastly, the chapter hopes lessons will be learnt out of the Scandinavian experience.

Keywords:   Denmark, Sweden, social democratic economic models, full employment, government spending

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