Nordic Capitalisms and Globalization: New Forms of Economic Organization and Welfare Institutions

Paperback | May 30, 2012

EditorPeer Hull Kristensen, Kari Lilja

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In the early 1990s the Nordic countries were considered to be in a serious situation. The costs of welfare states, generous unemployment benefits, high taxation rates, strong unions, and centralized wage bargaining were thought to be undermining their competitiveness in an age of rapidglobalization. By 2005 however, they all ranked at the top of a number of performance indexes on economic competitiveness and sustainability. Citizens in the Nordic countries continue to participate in and benefit from globalization on a much wider scale than in any other similarly highly developedcountry, and these countries increasingly provide templates within the EU for imitation and social innovation. This book investigates how and why welfare services, active labour market institutions, and public policies were re-combined into enabling and risk-sharing mechanisms to stimulate innovation, and how this made it possible for firms to change their work organization and pursue highly rewarding anddistinctive globalization strategies. Through detailed analysis of Finland, Denmark, Norway, and Sweden, this book reveals the dynamics and transformations of their national business systems, and the emerging new patterns of interaction between firms, labour markets, and institutions. It will bevaluable addition to the literature on social innovation and institutional entrepreneurship.

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In the early 1990s the Nordic countries were considered to be in a serious situation. The costs of welfare states, generous unemployment benefits, high taxation rates, strong unions, and centralized wage bargaining were thought to be undermining their competitiveness in an age of rapidglobalization. By 2005 however, they all ranked at ...

Peer Hull Kristensen is Professor of the Sociology of Firms and Work Organization at the International Center for Business and Politics, Copenhagen Business School, where he is currently co-leading a World Class Initiative on Institutional Competitiveness. His research interest is the comparative study of national business systems, la...

other books by Peer Hull Kristensen

Format:PaperbackDimensions:328 pages, 9.21 × 6.14 × 0.07 inPublished:May 30, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199655847

ISBN - 13:9780199655847

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Table of Contents

Peer Hull Kristensen and Kari Lilja: Preface1. Peer Hull Kristensen and Kari Lilja: The Co-evolution of Experimentalist Business Systems and Enabling Welfare States: Nordic Countries in Transition2. Kari Lilja, Juha Laurila, and Raimo Lovio: Finland: Innovating the Global Positioning of Flagship Companies and Foreign Owned Subsidiaries3. Peer Hull Kristensen, Maja Lotz, and Robson Rocha: Denmark: Tailoring Flexicurity for Changing Roles in Global Games4. Eli Moen: Norway: Consolidating the Core of Raw Material Refinement and Integrating Peripheral Companies in Innovative Global Dynamics5. Christer Peterson: Sweden: From Large Corporations towards Knowledge Intensive Economy6. Peer Hull Kristensen: Developing Comprehensive, Enabling Welfare States for Offensive Experimentalist Business Practices