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Swedish Lessons for Post-Socialist Countries

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Author Info

  • Lindbeck, Assar

    ()
    (The Research Institute of Industrial Economics)

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 Research Institute of Industrial Economics in its series Working Paper Series with number 498.

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Length: 37 pages
Date of creation: 08 Jun 1998
Date of revision:
Handle: RePEc:hhs:iuiwop:0498

Contact details of provider:
Postal: Research Institute of Industrial Economics, Box 55665, SE-102 15 Stockholm, Sweden
Phone: +46 8 665 4500
Fax: +46 8 665 4599
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Web page: http://www.ifn.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. Dimant, Eugen, 2013. "The nature of corruption: An interdisciplinary perspective," Economics Discussion Papers 2013-59, Kiel Institute for the World Economy.
  2. 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.
  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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