Social Nordic Model

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Social Nordic Model Labor markets are kept mobile with easy firing and hiring, and government taking care of those laid off with unemployment benefits and retraining.

The Nordic Model, mainly refers to Nordic countries Norway, Sweden, Denmark, Iceland, Finland but some include the Netherlands[2], also called 'Nordic corporatist' model because of strong influence of the corporatist elements such as labor unions and employers' organizations, advocates a highly developed and government-funded welfare state which provides generous unemployment benefits among other resources for the general public. The equality of the Nordic model is achieved through progressive taxation. As a result of the policy, Sweden, Denmark and Norway have the lowest income disparities in the world. Nordic countries have been enjoying high economic and productivity growth, but most remarkably they conquer consistently top spots in world happiness surveys.[3][4]

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29/04/2017

The Nordic model produces some of the world’s happiest citizens, so what can Brexit Britain learn from it?

Incase anyone was wondering who is the person never updating this page...lol Well this is me. You can call me Elle(L), i...
18/12/2014

Incase anyone was wondering who is the person never updating this page...lol Well this is me. You can call me Elle(L), if you like.

18/12/2014
18/12/2014

A-mix-of-democracy,-the-free-market,-social-security,-the-rule-of-law-and-trust-in-the-state-is-the-secret-of-the-success-of-the-Nordic-countries,-writes-Niveen-Wahish

05/02/2013
13/10/2012

The Nordic Model in the global crisis: [T]he Nordic model itself contributes to resilience. The comprehensive safety net, one of the attributes of the Nordic model, has proved to be robust also in times of crisis. The entitlements are not tied to the fate of individual companies or particular markets, and risks are widely shared in the society. While forest plants are shutting down in Finland and car manufacturing is sharply contracting in Sweden, the governments are firmly rejecting requests for support of ailing industries. Still, there are no crowds protesting in the streets, largely because flexible work arrangements, based both on general and company-specific agreements between businesses and labour, alleviate a rise in unemployment. Structural change is enhanced by the employment protection legislation, which is more liberal than in most other EU countries. A well-educated labour force, another of the attributes of the Nordic model, facilitates adjustment by making it easier to upgrade skills through additional training.

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