The Danish Model and the Globalizing Learning Economy: Lessons for Developing Countries
AbstractAlthough Denmark shares with the other four Nordic countries certain attributes, such as pragmatic protestant religion, small and homogenous population, strong social democratic parties and ambitious welfare states, it also has its own characteristics. High degree of specialization in the so-called low-tech sectors, combined with high mobility and income security in labour markets (flexicurity), contributes to making the Danish system unique in the world. Denmark has experienced some stagnation in its growth over the last decade but still ranks among the top ten in the world in terms of GNP per capita, registered unemployment is less than 2 per cent (as of June 2008) while the inflation rate has remained moderate. These goals for economic policy have been realized in an environment with a high degree of income equality. In this paper we use the concepts .innovation system., .the learning economy. and .learning modes. to analyse the evolution of the Danish model and what can be learnt from it.
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Bibliographic InfoPaper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper RP2009/18.
Date of creation: 2009
Date of revision:
economic development; welfare state; social cohesion; innovation;
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- Juhana Vartiainen, 2010. "The Nordic Development and Growth Models: The Riddle is Still There but We May be a Little Bit Wiser," Working Paper Series wp2010-116, World Institute for Development Economic Research (UNU-WIDER).
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