The Nordic countries are often bundled together, as representatives of a 'model' which combines high living standards and an open market economy with social insurance and ambitious public services. Yet, the economic and political development of Denmark, Finland, Norway and Sweden towards this...

Finnish economic history during the "long" 20th century, with a special emphasis on policies for equity and growth, is reviewed. IT is argued that Finland developed from a poor, vulnerable and conflict-prone country to a modern economy in part through policies geared at both growth and equity,...