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Economics - Public Finance | The Good Society - A Comparative Study of Denmark and Switzerland

The Good Society

A Comparative Study of Denmark and Switzerland

Christoffersen, H., Beyeler, M., Eichenberger, R., Nannestad, P., Paldam, M.

2014, XII, 327 p. 67 illus.

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  • Providing empirical answers on how to achieve a good society
  • Highly relevant comparative study in political economy and welfare studies
  • Bringing together work from economists and political scientists ​
Denmark and Switzerland are small and successful countries with exceptionally content populations. However, they have very different political institutions and economic models. They have followed the general tendency in the West toward economic convergence, but both countries have managed to stay on top. They both have a strong liberal tradition, but otherwise their economic strategies are a welfare state model for Denmark and a safe haven model for Switzerland. The Danish welfare state is tax-based, while the expenditures for social welfare are insurance-based in Switzerland. The political institutions are a multiparty unicameral system in Denmark, and a permanent coalition system with many referenda and strong local government in Switzerland. Both approaches have managed to ensure smoothly working political power-sharing and economic systems that allocate resources in a fairly efficient way. To date, they have also managed to adapt the economies to changes in the external environment with a combination of stability and flexibility.

Content Level » Research

Keywords » Comparative Economics - Happiness Studies - Institutional Equivalence - Public Choice - Social Welfare

Related subjects » Political Science - Public Finance - Wellbeing & Quality-of-Life

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