Nordic model | Wikipedia audio article
Channel: wikipedia tts
Date: 26/03/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Nordic_model


00:01:57 1 Overview
00:08:22 2 Aspects
00:08:32 2.1 Labor market policy
00:09:50 2.2 Economic system
00:11:56 2.2.1 Norway's particularities
00:13:59 2.3 Nordic welfare model
00:16:11 2.3.1 Poverty reduction
00:17:57 2.4 Religion as a factor
00:18:40 3 Reception
00:23:18 3.1 Misconceptions
00:26:15 4 Criticism
00:31:16 5 Political ideologies in the Nordic countries
00:31:55 6 See also



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SUMMARY
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The Nordic model refers to the economic and social policies common to the Nordic countries (Denmark, Finland, Norway, Iceland, Greenland, the Faroe Islands, and Sweden). This includes a comprehensive welfare state and collective bargaining at the national level with a high percentage of the workforce unionised while being based on the economic foundations of free market capitalism. The Nordic model began to earn attention after World War II.The Scandinavian countries were all monarchies, with Finland and Iceland becoming republics in the 20th century. Currently, the Nordic countries have been described as being highly democratic. Although there are significant differences among the Nordic countries, they all share some common traits. These include support for a universalist welfare state aimed specifically at enhancing individual autonomy and promoting social mobility; a corporatist system involving a tripartite arrangement where representatives of labour and employers negotiate wages and labour market policy mediated by the government; and a commitment to private ownership (with some caveats), a mixed economy and free trade.Each of the Nordic countries has its own economic and social models, sometimes with large differences from its neighbours. As of 2018, all of the Nordic countries rank highly on the Inequality-adjusted HDI and the Global Peace Index.