Assar Lindbeck ()
Additional contact information
Assar Lindbeck: Institute for International Economic Studies, Stockholm University, Postal: Stockholm University, S-106 69 Stockholm, Sweden
Abstract: Sweden experienced exeptionally fast economic growth during the century-long period 1870-1970. This illustrates that a decentralized market economy, highly open to international transactions, may be quite conductive to sustained productivity growth if the government fulfills its "classical" functions well. The subsequent period of centralization and large government, 1970-1985/90, was characterized by considerable social achievements. But the rate of economic growth was quite low as compared to other developed countries. The last period discussed in the paper, after about 1985/90, may be characterized as a "period of transition" away from the centralized and highly interventionistic system of the 1970s and 1980s. A number of transition problems are discussed in the paper.
Keywords: Sweden; lessons for post-socialist countries; transition economies
48 pages, August 1, 1998
Full text files
FULLTEXT01
Questions (including download problems) about the papers in this series should be directed to Hanna Christiansson ()
Report other problems with accessing this service to Sune Karlsson ().
RePEc:hhs:iiessp:0645This page generated on 2024-09-13 22:15:25.