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Published by: Harvard Business Publishing
Originally published in: 2008
Version: 12 November 2002
Revision date: 08-May-2019
Length: 28 pages
Data source: Published sources

Abstract

This is a Spanish version. The Swedish Model - sometimes presented as a third way between savage capitalism and unrealistic socialism - was much lauded in the 1960s. It was viewed as a strategy that addressed social concerns while supporting economic growth. However, the financial and currency crisis of the early 1990s threw the model into doubt and prompted much soul searching and reform among Sweden's establishment. The welfare state introduced in Sweden imposed a high tax burden on individuals and business. By the late 1990s, some concerns were emerging that these costs were acting as a deterrent to doing business in Sweden. In an international market for labor and capital, Sweden was a less attractive home for high-flying MBAs or multinational companies than other countries.
Location:
Other setting(s):
1945-2001

About

Abstract

This is a Spanish version. The Swedish Model - sometimes presented as a third way between savage capitalism and unrealistic socialism - was much lauded in the 1960s. It was viewed as a strategy that addressed social concerns while supporting economic growth. However, the financial and currency crisis of the early 1990s threw the model into doubt and prompted much soul searching and reform among Sweden's establishment. The welfare state introduced in Sweden imposed a high tax burden on individuals and business. By the late 1990s, some concerns were emerging that these costs were acting as a deterrent to doing business in Sweden. In an international market for labor and capital, Sweden was a less attractive home for high-flying MBAs or multinational companies than other countries.

Settings

Location:
Other setting(s):
1945-2001

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