Unlocking the Benefits of Nordic Institutions
Discover the key institutional differences of Nordic countries, leading to lower income inequality, humane work-life balance, and high economic growth. Explore the success of Nordic models in social spending, union coverage, and state ownership that contribute to their prosperous societies.
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Presentation Transcript
The Case for Nordic Institutions Matt Bruenig, People s Policy Project
Three Main Institutional Differences The Nordic countries have much higher: 1. Union coverage 2. Social spending 3. State ownership
Result: Low Income Inequality The Nordic countries have: 1. Smaller gaps between wage levels 2. Smaller gaps in disposable income 3. Lower poverty
Result: Humane Work-Life Balance The Nordic countries have: 1. More paid leave for new parents 2. More vacation 3. Fewer work hours
Result: High Growth Nordic economies grow at least as fast as the US economy.
