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Macroeconomic Strategies towards Internal and External Balance in the Nordic Countries

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  • Andersen, Torben M

Abstract

The aim of this paper is to clarify the policy strategies pursued in the Nordic countries in the 1970s and 1980s to attain internal and external balance. A distinction is made between (1) a bridging strategy, (2) a sheltering or adaptive strategy, and (3) a production strategy of export-led growth. These strategies are characterized and related to the experience of the Nordic countries. Copyright 1990 by The editors of the Scandinavian Journal of Economics.

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  • Andersen, Torben M, 1990. "Macroeconomic Strategies towards Internal and External Balance in the Nordic Countries," Scandinavian Journal of Economics, Wiley Blackwell, vol. 92(2), pages 177-202.
    • Handle: RePEc:bla:scandj:v:92:y:1990:i:2:p:177-202
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    Cited by:

    1. Andersen, Torben M. & Sorensen, Jan Rose, 1995. "Unemployment and fiscal policy in an economic and monetary union," European Journal of Political Economy, Elsevier, vol. 11(1), pages 27-43, March.

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