Efficiency and equity – The Swedish economy in comparison to other countries at the beginning of the 21st century
Referring to economic ideals of efficiency and equity, we are comparing the state of the Swedish economy in the early 21st century to the situation in other countries, especially the other Nordic countries, the United States (US), and Poland. After presenting the basic facts about Nordic countries w...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2021-09-01
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| Series: | International Journal of Management and Economics |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/ijme-2021-0017 |
| _version_ | 1798013929961553920 |
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| author | Czarny Bogusław Czarny Elżbieta |
| author_facet | Czarny Bogusław Czarny Elżbieta |
| author_sort | Czarny Bogusław |
| collection | DOAJ |
| description | Referring to economic ideals of efficiency and equity, we are comparing the state of the Swedish economy in the early 21st century to the situation in other countries, especially the other Nordic countries, the United States (US), and Poland. After presenting the basic facts about Nordic countries we examine the issue of economic efficiency. In addition to gross domestic product (GDP) we use the Human Development Index (HDI), the findings of the economics of happiness, and the number of registered triadic patent families as measures of efficiency. Then we analyze the issue of equity. We use the Gini coefficient, the extent of poverty, the level of unemployment, and the level of intergenerational mobility of earnings as measures of equity. |
| first_indexed | 2024-04-11T15:09:29Z |
| format | Article |
| id | doaj.art-8634f10d6e684c60aa4e11d4e235756b |
| institution | Directory Open Access Journal |
| issn | 2543-5361 |
| language | English |
| last_indexed | 2024-04-11T15:09:29Z |
| publishDate | 2021-09-01 |
| publisher | Sciendo |
| record_format | Article |
| series | International Journal of Management and Economics |
| spelling | doaj.art-8634f10d6e684c60aa4e11d4e235756b2022-12-22T04:16:41ZengSciendoInternational Journal of Management and Economics2543-53612021-09-0157325526710.2478/ijme-2021-0017Efficiency and equity – The Swedish economy in comparison to other countries at the beginning of the 21st centuryCzarny Bogusław0Czarny Elżbieta1Collegium of World Economy, SGH Warsaw School of Economics, Warsaw, Poland, E-Mail: bczarny@sgh.waw.plCollegium of World Economy, SGH Warsaw School of Economics, Warsaw, Poland.Referring to economic ideals of efficiency and equity, we are comparing the state of the Swedish economy in the early 21st century to the situation in other countries, especially the other Nordic countries, the United States (US), and Poland. After presenting the basic facts about Nordic countries we examine the issue of economic efficiency. In addition to gross domestic product (GDP) we use the Human Development Index (HDI), the findings of the economics of happiness, and the number of registered triadic patent families as measures of efficiency. Then we analyze the issue of equity. We use the Gini coefficient, the extent of poverty, the level of unemployment, and the level of intergenerational mobility of earnings as measures of equity.https://doi.org/10.2478/ijme-2021-0017comparative economic systemsnordic modelswedenp520 |
| spellingShingle | Czarny Bogusław Czarny Elżbieta Efficiency and equity – The Swedish economy in comparison to other countries at the beginning of the 21st century International Journal of Management and Economics comparative economic systems nordic model sweden p520 |
| title | Efficiency and equity – The Swedish economy in comparison to other countries at the beginning of the 21st century |
| title_full | Efficiency and equity – The Swedish economy in comparison to other countries at the beginning of the 21st century |
| title_fullStr | Efficiency and equity – The Swedish economy in comparison to other countries at the beginning of the 21st century |
| title_full_unstemmed | Efficiency and equity – The Swedish economy in comparison to other countries at the beginning of the 21st century |
| title_short | Efficiency and equity – The Swedish economy in comparison to other countries at the beginning of the 21st century |
| title_sort | efficiency and equity the swedish economy in comparison to other countries at the beginning of the 21st century |
| topic | comparative economic systems nordic model sweden p520 |
| url | https://doi.org/10.2478/ijme-2021-0017 |
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