Transformation of the Swedish model.
The Swedish model does not have single interpretation. It developed successfully in 1950–1960. From the 1990‑ies substantial transformation took place in the relations between labour and capital, state policy on labour market, social policy and other spheres of economy. Globalization, internationalization of the Swedish economy and participation of Sweden in European integration became also important factors. Adaptation to constantly changing economic environment takes place in the course of transformation of the Swedish model.
Keywords: Swedish model | economic growth | relations between labour and capital | state policy on labour market | social policy | globalization | European integration | income leveling | social security |
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