Economic Growth and Economic Policy in Sweden in the 20th Century: A Comparative Perspective
AbstractIt is conventional wisdom that Sweden’s economic growth internationally seen was unusually rapid 1870-1970 and then very slow. In this paper Sweden is compared with three country groups viz. sixteen industrialised countries, six countries at the same income level as Sweden 1970, and European small industrialised countries. It is shown that as to relative growth another periodisation is relevant. 1890-1950 with Sweden’s industrial break-through and the world wars where Sweden was non-belligerent showed an exceptional growth. Then, already from the 1950s growth was slow internationally seen. It is hypothesised that this was due to institutional factors related to the so-called “Swedish Model”.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by The Ratio Institute in its series Ratio Working Papers with number 32.
Length: 24 pages
Date of creation: 19 Mar 2004
Date of revision:
Contact details of provider:
Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden
Phone: 08-441 59 00
Fax: 08-441 59 29
Web page: http://www.ratio.se/
More information through EDIRC
economic growth; gdp comparisons; gdp calculations; historical growth; welfare state;
Find related papers by JEL classification:
- N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- P17 - Economic Systems - - Capitalist Systems - - - Performance and Prospects
- P47 - Economic Systems - - Other Economic Systems - - - Performance and Prospects
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-03-22 (All new papers)
- NEP-DEV-2004-03-22 (Development)
- NEP-HIS-2004-03-22 (Business, Economic & Financial History)
- NEP-MAC-2004-03-22 (Macroeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jeffrey G. Williamson, 1992.
"The Evolution of Global Labor Markets Since 1830 Background Evidence and Hypotheses,"
NBER Historical Working Papers
0036, National Bureau of Economic Research, Inc.
- Williamson Jeffrey G., 1995. "The Evolution of Global Labor Markets since 1830: Background Evidence and Hypotheses," Explorations in Economic History, Elsevier, vol. 32(2), pages 141-196, April.
- Henrekson, Magnus, 1996.
"Sweden's Relative Economic Performance: Lagging Behind or Staying on Top?,"
Working Paper Series
460, Research Institute of Industrial Economics.
- Henrekson, Magnus, 1996. "Sweden's Relative Economic Performance: Lagging Behind or Staying on Top?," Economic Journal, Royal Economic Society, vol. 106(439), pages 1747-59, November.
- Dowrick, Steve, 1996. "Swedish Economic Performance and Swedish Economic Debate: A View from Outside," Economic Journal, Royal Economic Society, vol. 106(439), pages 1772-79, November.
- Korpi, Walter, 1996. "Eurosclerosis and the Sclerosis of Objectivity: On the Role of Values among Economic Policy Experts," Economic Journal, Royal Economic Society, vol. 106(439), pages 1727-46, November.
- Tanzi, Vito & Schuknecht, Ludger, 1997. "Reforming government: An overview of recent experience," European Journal of Political Economy, Elsevier, vol. 13(3), pages 395-417, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Martin Korpi).
If references are entirely missing, you can add them using this form.