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European Integration — Prospects and Challenge to the ‘Scandinavian Model’

In: Macroeconomic Theories and Policies for the 1990s

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  • John Storm Pedersen

Abstract

What will be the main tasks in the society of the 1990s? And in relation to this: What shall economic theory be able to explain and economic policies do for the society? One central task for the society in the 1990s will be to create development and growth with less diseconomies or social costs than the development and growth in the post-war period has generated seen in a long term perspective. To do so an economic theory of development and growth which takes account of the major aspects of diseconomies or social costs in a proper way is needed, as well as economic policies which can handle the diseconomies or social costs in an efficient way.

Suggested Citation

  • John Storm Pedersen, 1992. "European Integration — Prospects and Challenge to the ‘Scandinavian Model’," Palgrave Macmillan Books, in: Macroeconomic Theories and Policies for the 1990s, chapter 7, pages 105-116, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11639-3_7
    DOI: 10.1007/978-1-349-11639-3_7
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