The nordic model: myths and realities

The Nordic model is well known for its successful results in societies that adopt it. Denmark, Finland, Iceland, Norway, and Sweden top a wide range of indices and indicators worldwide. However, several aspects of these welfare states are little known, so some common myths exist. In this context, we...

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Bibliographic Details
Published in:Desafíos: Economía y Empresa
Main Authors: Camacho, Kyara, Lau, Samantha, Llanos, Maria Teresa, Pozo, Ximena
Format: Article in Journal/Newspaper
Language:Spanish
Published: Universidad de Lima 2022
Subjects:
nordic model
welfare state
labor market
education
Modelo nórdico
Estado de bienestar
mercado laboral
educación
Mercado
Noruega
Norway
Suecia
Iceland
Islandia
Online Access:https://revistas.ulima.edu.pe/index.php/ddee/article/view/5728
https://doi.org/10.26439/ddee2022.n002.5728
Description
Summary:The Nordic model is well known for its successful results in societies that adopt it. Denmark, Finland, Iceland, Norway, and Sweden top a wide range of indices and indicators worldwide. However, several aspects of these welfare states are little known, so some common myths exist. In this context, we identified the main characteristics of the Nordic model and pointed out the most relevant facts within each nation. Likewise, we compared the Nordic countries with Latin American ones. Then, we considered the main criticisms of the model in four areas: economy, labor market, education, and culture. Finally, we presented a general assessment of the advantages and disadvantages of the Nordic model. El modelo nórdico es bien conocido por sus exitosos resultados en las sociedades que lo adoptan. Dinamarca, Finlandia, Islandia, Noruega y Suecia encabezan una amplia gama de índices e indicadores a nivel mundial. Sin embargo, aún se desconocen varios aspectos del funcionamiento de estos estados de bienestar, de modo que existen algunos mitos comunes sobre ellos. En ese contexto, identificamos las principales características del modelo nórdico y señalamos los hechos más relevantes dentro de cada nación. Asimismo, comparamos los resultados en los países nórdicos con los de los países latinoamericanos. Luego, consideramos las principales críticas a este modelo en cuatro ámbitos: economía, mercado laboral, educación y cultura. Por último, presentamos una valoración general de las ventajas y desventajas del modelo nórdico.

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