The Nordic model has been successful for many reasons. One is that it promotes a highly educated workforce, which leads to a high workforce participation rate, strengthening economic development.

James McWhinney is a long-tenured Investopedia contributor and an expert on personal finance and investing. With over 25 years of experience as a full-time communications professional, James ...

The Nordic countries—Denmark, Finland, Iceland, Norway, and Sweden—show that there is a way. The Nordic model that they have pioneered over decades has a few basic components: a welfare state with ...

The Nordic countries have long promoted gender equality to spur economic and social development — now, their model can provide a blueprint for rebuilding stronger and more inclusive economies ...

The Nordic model is proven, justifying taxpayer investments toward settling refugees, say economists. Many will struggle to work, but their children will grow up speaking Swedish.

Another important notion is that the Nordic model(s) of capitalism have not been the same over time. The economic, political, and institutional environment today is very different from the post ...