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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Institucional Dynamics of Swedish Welfare State in the 20th Century
 Šetele, Adam ; Fabianková, Klára (advisor) ; Johnson, Zdenka (referee)
In my thesis I focus on the concept of the Swedish welfare state, which many economists consider as a conclusive evidence that an extensive welfare state is fully compatible with a growing and competitive economy. The main hypothesis is that institutions of the welfare state leads in time to a continual pressure on change of overall condition of all social structures, expansion of the public sector, its overuse and increasing inefficiency. I examine a period from about 1850, when Sweden began to rapidly develop until the turn of the 20th and 21st century, when the Swedish welfare state fell into crisis. The hypothesis is verified by using the methodological approach of induction and with theoretical framework of new institutional economics. Findings of my work shows that the success of Swedish welfare state is rather a result of specific institutional factors that were favorable to business environment for most of the modern Swedish history. On contrary, excessive social spending, high taxes and market regulation from the second half of the 20th century made the system unsustainable and pointed to the need of reformation.
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