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Swedish Lessons for Post-Socialist Countries

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  • Lindbeck, Assar

    ()
    (Institute for International Economic Studies, Stockholm University)

Abstract

Sweden experienced exeptionally fast economic growth during the century-long period 1870-1970. This illustrates that a decentralized market economy, highly open to international transactions, may be quite conductive to sustained productivity growth if the government fulfills its "classical" functions well. The subsequent period of centralization and large government, 1970-1985/90, was characterized by considerable social achievements. But the rate of economic growth was quite low as compared to other developed countries. The last period discussed in the paper, after about 1985/90, may be characterized as a "period of transition" away from the centralized and highly interventionistic system of the 1970s and 1980s. A number of transition problems are discussed in the paper.

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Bibliographic Info

Paper provided by Stockholm University, Institute for International Economic Studies in its series Seminar Papers with number 645.

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Length: 48 pages
Date of creation: 01 Aug 1998
Date of revision:
Handle: RePEc:hhs:iiessp:0645

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Postal: Institute for International Economic Studies, Stockholm University, S-106 91 Stockholm, Sweden
Phone: +46-8-162000
Fax: +46-8-161443
Web page: http://www.iies.su.se/
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Keywords: Sweden; lessons for post-socialist countries; transition economies;

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References

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Citations

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Cited by:
  1. Anastasiia V. Rassadovskaia & Andrey V. Aistov, 2014. "Corruption Perceptions In Russia: Economic Or Social Issue?," HSE Working papers WP BRP 57/EC/2014, National Research University Higher School of Economics.
  2. Eugen Dimant, 2014. "The Nature of Corruption - An Interdisciplinary Perspective," Working Papers CIE 79, University of Paderborn, CIE Center for International Economics.
  3. Shang-Jin Wei, 1999. "Corruption in economic development - beneficial grease, minor annoyance, or major obstacle?," Policy Research Working Paper Series 2048, The World Bank.

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