Friday, August 12, 2011

What are the secrets behind the prosperity of the Scandinavian nations?

Simple, good legal system , highly educated population, lower levels of curroption than Untied States, or France. They make adjustments very quickly in the world economy, and have educated population to know correctly how to excute social policy. Scanidivans came by the boatloads to Minnesota, North Dakota at the end of the 19th century because of poverty during that time. During the 20th century they slowly industralize, and investment wisely in instructure, education, and most of them avoided the great depression depth because they were ahead of the time in economic policy, unlike the USA, Canada, Austraila which tighted money supply during the great depression, the opposite ouccured in Scandvian countries. People said 20 years ago Sweden would fail, but anybody with common sense know Scanidivan country have more flexible labor markets than UK, USA when it comes to the global because of good safety net to quickly retrain workers.

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