Understanding Swedish social democracy

Victims of success?

Bibliographic Data

ID23138161
AuthorsJuhana Vartiainen (Labour Institute for Economic Research, corresponding author)
Year1998
Volume14
Issue1
Pages19-39
Publication date1998-03-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueOxford Review of Economic Policy (JOURNAL)
Journal identifiersISSN: 0266-903X • E-ISSN: 1460-2121
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1093/oxrep/14.1.19
OpenAlexW2055446781
LanguageEN
Citations received16
References cited2

The economic policies of Swedish Social Democrats were not the product of one centralized authority but, rather, a series of initiatives influenced by many political actors and inspired by egalitarian preferences. We focus on three policy areas. First, the welfare state is a central achievement of Social Democracy. Although its expansion is over, it has cemented Social Democracy's position in power and is still popular among the electorate. Second, the labour-market model is in crisis. The centralized Rehn/Meidner model is not working, coordination of wage bargaining has turned out to be difficult, and the trade unions' radical politics of the 1970s alienated Swedish employers from social concertation. Finally, macroeconomic management has had to struggle with inflationary pressures, and the overheating of the late 1980s and the subsequent deflationary shock led to a sharp increase in unemployment in the 1990s. Many of these problems are related to Social Democracy's internal strains. Copyright 1998 by Oxford University Press.

Collective bargaining · Deflation · Democracy · Economic system · Economics · Labour economics · Macroeconomics · Market economy · Monetary policy · Overheating (electricity) · Political economy · Political science · Politics · Shock (circulatory) · Social democracy · Unemployment · Wage · Welfare · Welfare state · European Monetary and Fiscal Policies · Fiscal Policies and Political Economy · Law · Social Policy and Reform Studies

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