This book represents the first recent attempt to provide a comprehensive treatment of Sweden's economic development since the middle of the 18th century. It traces the rapid industrialisation, the political currents and the social ambitions, that transformed Sweden from a backward agrarian economy into what is now regarded by many as a model welfar
The book is based on a rich and detailed quantitative material from research over the past decades with consecutive time series over production volumes, employment, productivity, investments etc. for sectors and branches covering the whole economy, even including estimates of non-marketed domestic work. It is also based on a broad literature from Swedish historiography with details on the individual level of firms, innovators and entrepreneurs. Focus is upon the interplay between technological, economic and social change where a number of broad themes are treated with a general interest to historians or economists, e.g. the role of social change and domestic markets versus international specialisation and exports as dynamic factors in Swedish economic growth.
This book tackles a number of controversial questions regarding Swedenês economic and political development: «¾¾¾¾ How did Sweden become rich? «¾¾¾¾ How did Sweden become egalitarian? «¾¾¾¾ Why has Sweden since the early 1990s grown faster tha
This book explores the relationship between democracy and the economy in contemporary political thought and policy-making. Using the concepts of economic, industrial and enterprise democracy, the author focuses on the history of Finland and Sweden during the latter part of the twentieth century. The three concepts are discussed in relation to various political groups, such as social democrats, conservatives and liberals, and the reforms that they were associated with, painting a picture of changing economic thought in the Nordic countries, and the West more generally. Arguing that the concept of democracy has evolved from representative parliamentary democracy towards ‘participation’ in civil society, this book demonstrates how the ideal of individual freedom and choice has surpassed collective decision-making. These shared characteristics between Finland, Sweden and other Western countries challenge the view that the Nordic countries have been exceptional in resisting neoliberalism. In fact, as this book shows, neoliberalism has been influential to the Nordics since the 1970s. Offering an innovative and conceptual perspective on European political history, this book will appeal to scholars interested in Nordic political history and modern European history more generally.
The notion of social policy as a productive investment and a prerequisite for economic growth became a core feature in the ideology of Swedish social democracy, and a central component of the universalism of the Swedish welfare state. However as the Swedish Social Democratic Party (SAP) embarked on its Third Way in 1981, this outlook on social policy as a productive investment was replaced by the identification of social policy as a cost and a burden for growth. This book discusses the components of this ideological turnaround from Swedish social democracy’s post-war notion of a strong society, to its notion of a Third Way in the early 1980s. It is a novel and innovative contribution to the history of Swedish social democracy and recent developments in the Swedish welfare state, and it also sheds light on contemporary social policy debates. It will appeal to a wide readership from students of contemporary history and politics to policy makers and specialists.
‘This is a desperately needed book. It not only surveys the field of African economic history at the level of undergraduate students, but provides several fresh perspectives, drawing on insights from the latest research on the evolution of African societies and their economic prosperity. This valuable source of teaching material will be the premier text on African economic history for at least the next decade.’ —Johan Fourie, Stellenbosch University, South Africa This upper level textbook offers a historical understanding of sub-Saharan Africa. By looking at the economic history of the African region from before the arrival of European territorial control all the way through to Africa’s integration in the current era of globalisation, readers can understand the development paths for African countries today. Organisation of production, social structures, trade, and governance are key factors in the discussion about African success stories and failures. Suitable reading for upper level undergraduates, MSc and postgraduate students, in addition to policy makers and development practitioners looking for a comprehensive overview of Africa from an economic and social perspective. Hillbom and Green also provide a starting point for the study of African economic history for those who would like to continue their own research in this area.
Offers a comprehensive analysis of the historical experiences of monetary policymaking of the world's largest central banks. Written in celebration of the 350th anniversary of the central bank of Sweden, Sveriges Riksbank. Includes chapters on other banks around the world written by leading economic scholars.