12 Pages Posted: 6 Feb 2017
Date Written: January 30, 2017
The sceptic view on globalization suggests, the neoliberal agenda led to increased inequalities and global crises; economic, political, social. Amid global crises, the performances of the Nordic countries draw curious attention of the development researchers. Globalisation of Social Democracy is recommended in order to redress the growing inequalities, and meet the challenges posed by global crises. This calls for examining the policies and strategies that shaped the patterns of Nordic model of development. This is the subject matter of this paper. It makes a brief analysis of some major feature of the Nordic model: growth with equity; a high degree of public commitment; income and means of subsistence independent of market forces; a high rate of employment; class compromise between capital, labour and peasants. The analysis directs our attention to the complex relationship between sustainability and equality.
Keywords: Equality; Inequality; Social Democracy; Sustainability
Suggested Citation: Suggested Citation
Rahman, Masudur, Sustainability: The Nordic Model with Special Reference to Norway (January 30, 2017). OIDA International Journal of Sustainable Development, Vol. 10, No. 01, pp. 49-60, 2017. Available at SSRN: https://ssrn.com/abstract=2912193