C2 Edited work
The Nordic Economic, Social and Political Model : Challenges in the 21st Century (2021)

Koivunen, A., Ojala, J. O., & Holmén, J. (Eds.). (2021). The Nordic Economic, Social and Political Model : Challenges in the 21st Century. https://doi.org/10.4324/9780429026690

JYU authors or editors

Publication details

All authors or editorsKoivunen, Anu; Ojala, Jari Ojala; Holmén, Janne



Publication year2021

Publication date08/04/2021

Number of pages in the book272


Place of PublicationAbingdon, Oxon

Publication countryUnited Kingdom

Publication languageEnglish


Publication open accessOpenly available

Publication channel open accessOpen Access channel

Publication is parallel published (JYX)https://jyx.jyu.fi/handle/123456789/75135


The Nordic Model is the 20th-century Scandinavian recipe for combining stable democracies, individual freedom, economic growth and comprehensive systems for social security. But what happens when Sweden and Finland – two countries topping global indexes for competitiveness, productivity, growth, quality of life, prosperity, and equality – start doubting themselves and their future? Is the Nordic Model at a crossroads?

Historically, consensus, continuity, social cohesion, and broad social trust have been hailed as key components for the success and for the self-images of Sweden and Finland. In the contemporary, however, political debates in both countries are increasingly focused on risks, threats, and worry. Social disintegration, political polarization, geopolitical anxieties, and threat of terrorism are often dominant themes. This book focuses on what appears to be a paradox: countries with low income differences, high faith in social institutions, and relatively high cultural homogeneity becoming fixated on the fear of polarization, disintegration, and diminished social trust. Unpacking the presentist discourse of "worry" and a sense of interregnum at the face of geopolitical tensions, digitalization, and globalization, as well as challenges to democracy, the chapters take steps back in time and explore the current conjecture through the eyes of historians and social scientists, addressing key aspects of and challenges to both the contemporary and future Nordic Model. In addition, the functioning and efficacy of the participatory democracy and current protocols of decision-making are debated.

This work is essential reading for students and scholars of the welfare state, social reforms, and populism, as well as Nordic and Scandinavian studies.

Keywordswelfare statesocietal policyprogress of a societyeconomic policyeconomic growthfuturegeopoliticssocial institutionstrustthreatspolarisation (social sciences)

Free keywordseconomics; finance; business and industry; humanities; politics; international relations; social sciences; Nordic countries

Contributing organizations

Ministry reportingYes

Reporting Year2021

JUFO rating3

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Last updated on 2024-22-04 at 14:58