The Transformation of the Nordic Models

1987 ◽  
Vol 22 (4) ◽  
pp. 227-243 ◽  
Author(s):  
Jan Otto Andersson ◽  
Lars Mjøsset
Keyword(s):  
World Economy ◽  
Nordic Countries ◽  
Production Model ◽  
Western World ◽  
Economic Policies ◽  
Policy Makers ◽  
The World ◽  
Neoliberal Policies ◽  
The 1960S ◽  
The Impact

With reference to an extensive comparative study of the Nordic economic political models, this article discusses some perspectives for the 1990s. Five economic political models developed as the Nordic area was integrated into the postwar world economy. They emerged as the Nordic countries — on the basis of their specific geo-economic and political-institutional conditions — emulated the Fordist growth model, which originated in the US. The downturn of the Western world economy was a crisis for the Fordist mass consumption/mass production model. We trace the consequences of this crisis for the Nordic models. Policy makers first tried to maintain the established routines of the 1960s, but failed, fumbled and finally turned to more austere, neo liberal economic policies. As a result, there seems to be a certain convergence between the five models, a specific Nordic version of neo-liberalism. Despite this, we doubt that continued neoliberal policies will prove able to cope with the challenges that the Nordic countries face as the world heads into the 1990s. Neoliberal policies aim to promote flexibility by reducing the impact of the state, by liberalizing labour markets and by relying on full integration within the world economy. Alternatively, we argue in our last section that policies should aim to promote flexible specialization by making the welfare state a comparative advantage in connection with industrial policies, by extending efforts at democratization of decisions concerning labour process organ ization and work environment, and by stimulating Nordic integration.

ANALYSIS AND PROSPECTS FOR IMPLEMENTATION OF THE INVESTMENT LIBERALIZATION REGIME IN THE WORLD ECONOMY

2021 ◽  
pp. 99-109
Author(s):  
Shokhrukh B. Akhmedov ◽  
◽  
Vladimir M. Kutovoi ◽  
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World Economy ◽  
Trade Openness ◽  
Economic Policies ◽  
Foreign Companies ◽  
The World ◽  
Local Sources ◽  
Political Conditions ◽  
The Impact

The article assesses a significance of the most important component of the agreement on accession to the WTO, namely the agreement on trade-related investment measures (TRIMs), in increasing the attractiveness of developing countries to investors from abroad. In addition, traditional determinants of FDI placement, such as the macroeconomic stability, trade openness, and economic development, are considered. The authors carry out an analysis in the field of regulation of TRIMs by the example of economic policies in developing countries. The study shows that the extent to which TRIMs contributed to achieving the goals varied significantly, reflecting the specific economic and political conditions of the country using them. In some cases, they played a role in encouraging foreign companies to make more use of local sources or increase their exports from the host country. In other cases, the impact seemingly was negligible.

scholarly journals Nordic economic policies in the 1970s and 1980s

1987 ◽  
Vol 41 (3) ◽  
pp. 403-456 ◽  
Author(s):  
Lars Mjøset
Keyword(s):  
Economic Policy ◽  
Political Mobilization ◽  
External Pressure ◽  
Nordic Countries ◽  
Economic Policies ◽  
Policy Model ◽  
Structural Problems ◽  
The World ◽  
The 1960S ◽  
Favorable Conditions

Although the Nordic countries are small, open economies, they were able to benefit considerably from the expansion of the world economy during the “Golden Age” of the 1950s and 1960s. They achieved industrial diversification and consolidated welfare-state reforms. Throughout this period, several economic policy routines were institutionalized. These routines may be analyzed as parts of a specific economic policy model, determined by the economic structure and the pattern of political mobilization. It seems more fruitful to distinguish five such models rather than to use the generalizing notion of a “Scandinavian model.” In the 1970s, the world economic crisis posed new challenges for the Nordic countries. In the first phase of the crisis, economic policies continued to operate in accordance with the established routines. But structural problems, new patterns of political mobilization, and new forms of external pressure forced governments to shift towards austerity policies in the late 1970s. The extent and the specificities of these shifts are compared and the degree to which the economic policy models have changed assessed. Such an analysis is a first step to answer some crucial questions now facing the Nordic countries: Was their flexible adjustment merely the result of favorable conditions during the 1960s—or is it a permanent trait? Are they now trapped between large industrial nations and dynamic newly industrializingcountries? If so, what will be the fate of their advanced welfare sectors?

Do Neoliberal Economic Policies Kill or Save Lives?

2008 ◽  
Vol 10 (3) ◽  
pp. 1-31 ◽  
Author(s):  
John Gerring ◽  
Strom C. Thacker
Keyword(s):  
Infant Mortality ◽  
Human Development ◽  
Economic Performance ◽  
Economic Policies ◽  
Economic Stability ◽  
Human Welfare ◽  
Positive Effects ◽  
The World ◽  
Neoliberal Policies ◽  
The Impact

Do neoliberal economic policies help or hinder human development? Many have argued that such policies promote economic stability and growth, which may have indirect positive effects on human welfare. Others claim that neoliberal policies retard human development. We argue that neoliberal economic policies may improve the human welfare in ways that are independent of their effects on economic performance. Specifically, this paper hypothesizes that open international trade policies, low-inflation macroeconomic environments, and market-oriented property rights regimes promote human development across the world. We test this argument by examining the impact of several measures of neoliberal policies on infant mortality rates across the world between 1960 and 1999. Results suggest that openness to imports, long-term membership in the GATT and WTO, low rates of inflation, and effective contract enforcement are each associated with lower rates of infant mortality across the world, even when controlling for countries' economic performance.

The ‘Modernisation’ of Scotland and its Impact on Glasgow, 1955–1979: ‘Unwanted Side Effects’ and Vulnerabilities

2016 ◽  
Vol 25 (3) ◽  
pp. 294-316 ◽  
Author(s):  
Chik Collins ◽  
Ian Levitt
Keyword(s):  
Side Effects ◽  
Government Policy ◽  
Regional Policy ◽  
Excess Mortality ◽  
Policy Agenda ◽  
Policy Makers ◽  
Uk Government ◽  
1960S And 1970S ◽  
The 1960S ◽  
The Impact

This article reports findings of research into the far-reaching plan to ‘modernise’ the Scottish economy, which emerged from the mid-late 1950s and was formally adopted by government in the early 1960s. It shows the growing awareness amongst policy-makers from the mid-1960s as to the profoundly deleterious effects the implementation of the plan was having on Glasgow. By 1971 these effects were understood to be substantial with likely severe consequences for the future. Nonetheless, there was no proportionate adjustment to the regional policy which was creating these understood ‘unwanted’ outcomes, even when such was proposed by the Secretary of State for Scotland. After presenting these findings, the paper offers some consideration as to their relevance to the task of accounting for Glasgow's ‘excess mortality’. It is suggested that regional policy can be seen to have contributed to the accumulation of ‘vulnerabilities’, particularly in Glasgow but also more widely in Scotland, during the 1960s and 1970s, and that the impact of the post-1979 UK government policy agenda on these vulnerabilities is likely to have been salient in the increase in ‘excess mortality’ evident in subsequent years.

Private Agricultural R&D: Do the Poor Benefit?

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Jock R. Anderson ◽  
Regina Birner ◽  
Latha Najarajan ◽  
Anwar Naseem ◽  
Carl E. Pray
Keyword(s):  
Poverty Reduction ◽  
Agricultural Research ◽  
Farming Systems ◽  
Agricultural Technologies ◽  
Policy Makers ◽  
The Public ◽  
The Poor ◽  
The World ◽  
Agricultural Research And Development ◽  
The Impact

Abstract Private agricultural research and development can foster the growth of agricultural productivity in the diverse farming systems of the developing world comparable to the public sector. We examine the extent to which technologies developed by private entities reach smallholder and resource-poor farmers, and the impact they have on poverty reduction. We critically review cases of successfully deployed improved agricultural technologies delivered by the private sector in both large and small developing countries for instructive lessons for policy makers around the world.

scholarly journals The impact of the COVID-19 pandemic on socio-economic and sustainability

2021 ◽  
Author(s):  
Xueli Wei ◽  
Lijing Li ◽  
Fan Zhang
Keyword(s):  
World Economy ◽  
Social Economy ◽  
Secondary Data ◽  
Well Being ◽  
Cross Sectional ◽  
The Social ◽  
The World ◽  
The Status ◽  
Sectional Analysis ◽  
The Impact

Pumping elephantThe COVID-19 pandemic has adversely affected the lives of people around the world in millions of ways . Due to this severe epidemic, all countries in the world have been affected by all aspects, mainly economic. It is widely discussed that the COVID-19 outbreak has affected the world economy. When considering this dimension, this study aims to examine the impact of the COVID-19 pandemic on the world economy, socio-economics, and sustainability. In addition, the research focuses on multiple aspects of social well-being during the pandemic, such as employment, poverty, the status of women, food security, and global trade. To this end, the study used time series and cross-sectional analysis of the data. The second-hand data used in this study comes from the websites of major international organizations. From the analysis of secondary data, the conclusion of this article is that the impact of the pandemic is huge. The main finding of the thesis is that the social economy is affected by the pandemic, causing huge losses in terms of economic well-being and social capital.

scholarly journals P237 Annual incidence and prevalence of ulcerative colitis and Crohn’s disease from 2010 to 2017 in four Nordic countries: Results from the TRINordic study

2020 ◽  
Vol 14 (Supplement_1) ◽  
pp. S261-S262
Author(s):  
M Lördal ◽  
J Burisch ◽  
E Langholz ◽  
T Knudsen ◽  
M Voutilainen ◽  
...  
Keyword(s):  
Ulcerative Colitis ◽  
Crohn’S Disease ◽  
Crohn's Disease ◽  
Observational Study ◽  
Nordic Countries ◽  
Annual Incidence ◽  
University Hospital ◽  
Retrospective Observational Study ◽  
Western World ◽  
The Impact

Abstract Background Incidence and prevalence of inflammatory bowel diseases (IBD) have been increasing for the past decades in the western world, however with an emerging trend of incidence stabilisation in recent years. There is an indication of higher IBD incidence and prevalence in northern Europe, especially in the Nordic region, compared with southern Europe. Methods This retrospective observational study collected data from the National Patient Registries and National Prescription Registries (Sweden [SWE], Norway [NOR], Denmark [DEN]) and one university hospital database (Turku, Finland [FIN]) during 2010–2017 to investigate the annual incidence and prevalence of ulcerative colitis (UC) and Crohn’s disease (CD). Patients with ≥2 ICD-10 diagnosis codes for UC (K51) or CD (K50) from 2010 or later and no K51 or K50 codes prior to 2010 were included; patients were classified according to their last code. The look-back period for SWE was until 2000, for NOR until 2008, for DEN until 1995, and for FIN until 2004. Incidence proportions highlight results through 2016, as 2017 patients had less than 1-year follow-up. Results In total, 69,876 patients were included (SWE n = 27,902, NOR n = 20,761, FIN n = 2,118, DEN n = 19,095), of which 44 367 patients were diagnosed with UC and 25,509 with CD. In 2016, the annual incidence of UC was 28 patients per 100,000 persons in NOR, 32 patients per 100,000 persons in DEN, 25 patients per 100,000 persons in SWE, and 44 patients per 100,000 in FIN. The corresponding results for the annual incidence of CD per 100,000 persons were 22 in NOR, 16 in DEN, 16 in SWE, and 21 in FIN. The prevalence per 100,000 persons of both UC and CD was the highest in DEN, followed by SWE and NOR, and lowest in FIN. Prevalence estimates increased in all four Nordic countries during 2010–2017: for UC, from 409 to 488 patients in SWE, from 256 to 428 in NOR, from 129 to 375 in FIN, and from 577 to 798 in DEN. For CD, it increased from 261 to 313 patients in SWE, from 164 to 258 in NOR, from 54 to 164 in FIN, and from 280 to 400 in DEN. Conclusion This retrospective observational study showed that during 2016, the annual incidence of UC ranged from 25–44 patients per 100,000 persons across the evaluated Nordic countries, whereas the annual incidence of CD was 16–22 patients per 100,000 persons. Prevalence of both UC and CD increased during 2010–2017 in all four countries. Estimates of UC and CD incidence and prevalence in this analysis are greater than reported in the published literature. Additional analyses are underway to further explore the impact of methodological decisions on the estimates of UC and CD annual incidence and prevalence.

The world economy

1998 ◽  
Vol 165 ◽  
pp. 35-42
Author(s):  
Nigel Pain
Keyword(s):  
Capital Market ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
Domestic Demand ◽  
The World ◽  
Asian Economies ◽  
Trade Growth ◽  
The Impact ◽  
The Capital Market

Developments in the Asian economies have clearly begun to be felt in the wider global economy in recent months. It has always been expected that the OECD economies would be affected by the aftermath of the capital market turmoil last year, although the timing and magnitude of the impact was difficult to predict. Domestic demand in the affected Asian economies has proved much weaker than expected, with the effects magnified by a continued downturn in Japan. GDP fell by 5¾ per cent in Korea in the first quarter of this year and by 1¼ per cent in Japan. The aggregate volume of merchandise imports in Asia is expected to decline by around 5½ per cent this year, with falls of up to 25 per cent in countries such as Korea, Thailand and Indonesia. This largely accounts for our projected decline in world trade growth to under 6 per cent this year from an estimated 9¾ per cent in 1997.

The Impact of the Women's Decade on Policies, Programs and Empowerment of Women in Kenya

1989 ◽  
Vol 17 (2) ◽  
pp. 9-17
Author(s):  
Maria Nzomo
Keyword(s):  
United Nations ◽  
Women's Organizations ◽  
Policy Position ◽  
Policy Makers ◽  
Women In Development ◽  
The World ◽  
Kenyan Women ◽  
The United Nations ◽  
The Impact ◽  
Women’S Organizations

The 1985 Nairobi Conference to close the United Nations decade dedicated to women of the world caught Kenyan women (and men) by storm. Indeed, the majority of Kenyan women did not know, until the eve of this conference, that there had been an entire decade dedicated to them, and committed to the achievement of Equality, Development, and Peace. However, the Kenyan policy makers and the enlightened among Kenyan women, especially leaders of women's organizations, were not only fully aware of the decade's developments, but had in various ways participated and contributed to it. On its part, the Kenya government by the end of the decade, had adopted a Women in Development (WID) policy position and created and/or promoted national machineries to develop and coordinate programs for women.

Neuroscience20 (BRAIN20, SPINE20, and MENTAL20) Health Initiative: A Global Consortium Addressing the Human and Economic Burden of Brain, Spine, and Mental Disorders Through Neurotech Innovations and Policies

2021 ◽  
pp. 1-39
Author(s):  
Kevin Morris ◽  
Mohammad Nami ◽  
Joe F. Bolanos ◽  
Maria A. Lobo ◽  
Melody Sadri-Naini ◽  
...  
Keyword(s):  
Mental Disorders ◽  
Neurological Disorders ◽  
World Economy ◽  
Disease Burden ◽  
The United States ◽  
Fast Tracking ◽  
The World ◽  
Life Threatening ◽  
The Cost ◽  
The Impact

Neurological disorders significantly impact the world’s economy due to their often chronic and life-threatening nature afflicting individuals which, in turn, creates a global disease burden. The Group of Twenty (G20) member nations, which represent the largest economies globally, should come together to formulate a plan on how to overcome this burden. The Neuroscience-20 (N20) initiative of the Society for Brain Mapping and Therapeutics (SBMT) is at the vanguard of this global collaboration to comprehensively raise awareness about brain, spine, and mental disorders worldwide. This paper aims to provide a comprehensive review of the various brain initiatives worldwide and highlight the need for cooperation and recommend ways to bring down costs associated with the discovery and treatment of neurological disorders. Our systematic search revealed that the cost of neurological and psychiatric disorders to the world economy by 2030 is roughly $16T. The cost to the economy of the United States is $1.5T annually and growing given the impact of COVID-19. We also discovered there is a shortfall of effective collaboration between nations and a lack of resources in developing countries. Current statistical analyses on the cost of neurological disorders to the world economy strongly suggest that there is a great need for investment in neurotechnology and innovation or fast-tracking therapeutics and diagnostics to curb these costs. During the current COVID-19 pandemic, SBMT, through this paper, intends to showcase the importance of worldwide collaborations to reduce the population’s economic and health burden, specifically regarding neurological/brain, spine, and mental disorders.

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