Please use this identifier to cite or link to this item:
Aiginger, Karl
Year of Publication: 
Series/Report no.: 
WIFO Working Papers 304
Low growth and persistently high unemployment in Europe raised the question whether it was the specific features of the European Social Model, which lead to these disappointing results. This paper defines the characteristics of the model, and the differences between submodels applied in different European countries. Then it carves out the specific characteristics of the Nordic European Model, and its changes in economic policy and strategy which made these countries successful over the past ten to fifteen years - after the same countries had experienced recurrent crises in the decades before. Specifically, we look at the role of institutions and their changing priorities for making the Scandinavian countries better able to cope with change as compared to Germany, Italy and France.
Welfare models
economic performance
models of capitalism
Document Type: 
Working Paper

Files in This Item:
162.62 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.