What lessons does the current economic crisis in Sweden offer for other economies? Written in a clear and precise style and using modern theories of macroeconomics and economic policy to analyze Sweden's serious economic situation, Turning Sweden Around outlines recommendations for change that are both unusual and provocative. Combining economic and political analysis it covers wide-ranging areas and broad structural issues that encompass the necessity for institutional reforms as well as economic change.The plunge in Sweden's economy has taken many by surprise, showing how much more vulnerable Sweden has been to macroeconomic disturbance than previously believed. Since 1990 industrial output has fallen dramatically, total unemployment has grown to 12 percent, the public sector deficit is 13 percent of GDP, and since the country shifted to a floating exchange rate last fall, the krona has depreciated by more than 20 percent.The authors identify the deficiencies of Sweden's economic and political institutions, and suggest remedies that cut across virtually all aspects of economic and political life: product and factor markets, the system of wage formation, the public sector, and central and local government. They show that many of the current problems stem from an unclear division of responsibilities, describing a government that has taken on so many tasks that it is unable to fulfill its core obligations. Three chapters tackle the basic problems in the Swedish economy -- stability, efficiency, and growth -- while a fourth chapter suggests how to change the political system to strengthen democracy.

Turning Sweden Around

Business & Money

Molander, Per

Persson, Torsten

Lindbeck, Assar

Economics

MIT Press]

“Virtually all human societies are marked by inequality, at a level that surpasses what could be expected from normal differences in individuals’ capabilities alone.” So begins this new approach to the greatest social ill of our time, and nearly every other era. From a country with one of the world’s lowest rates of income and social imbalance, award-winning Swedish analyst Per Molander’s book changes the conversation about the causes and effects of inequality. Molander addresses the obvious questions that other pundits often avoid—including why the wealthiest countries, such as the United States, have the greatest incidences of inequality. Drawing from anthropology, statistics, references to literature, and political science, Molander looks at his subject across various political and ideological systems to examine policies that have created more just societies, and demonstrate how we can enact similar changes in the name of equality. In doing so, he presents a persuasive and moving case that humankind is much greater than the inequalities it has created.

The Anatomy of Inequality: Its Social and Economic Origins- and Solutions

Melville House

The Origins of Inequality: Mechanisms, Models, Policy

Politics & Social Sciences

Social Sciences

Springer

This book presents a unified approach to the problem of inequality, combining results from a variety of research fields - the human life cycle, group dynamics, networks, markets, and economic geography. Its main message is that inequality emerges as the natural result of mechanisms operating both in individual human development and in social interaction. It posits that inequality is not an anomalous deviation from a naturally egalitarian social structure; quite to the contrary, inequality is to be expected as part of the human condition. The author states that the growth of inequality, on the other hand, is not a natural law - the level and character of inequality can be affected by collective decisions. This perspective on human inequality has potentially far-reaching consequences both for the political philosophy of inequality and for public policy-making. This book is of interest to a wide interdisciplinary social science readership, including public policy, decision sciences, economic geography, and life course studies.&nbsp; &nbsp;

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