Scandinavian Economic Miracle Unveiled 🌍

If you look at almost any list measuring human development around the world, you can be sure that Scandinavian countries are somewhere at the top. But what's their secret?

00:00 - Intro
01:01 - The Birth of the Nordic Model
02:31 - Part 1: The Welfare State
06:56 - Part 2: The Great Compromise
08:22 - Part 3: Social Trust
10:13 - The Origin of Social Trust

References, sources and further reading

Intro:
https://worldjusticeproject.org/rule-of-law-index/global
https://pages.eiu.com/rs/753-RIQ-438/images/eiu-democracy-index-2021.pdf?mkt_tok=NzUzLVJJUS00MzgAAAGC8w1LVM_MFiGRiVTuG6mMnWEtdXySqlqwlu0B-32mVk8D6MP1gRwGT_OElF6_jx3iBG6vLXlGsnE7AF_6iznOxRYWWo60kc8U8lXLOVZ0EB9Upg
https://www.theglobaleconomy.com/rankings/human_rights_rule_law_index/#:~:text=Human%20rights%20and%20rule%20of%20law%20index%2C%200%20(high),countries%20was%205.37%20index%20points.
https://fragilestatesindex.org/global-data/
https://ourworldindata.org/trust
https://www.weforum.org/agenda/2022/07/gender-equal-countries-gender-gap/
https://www.statista.com/statistics/1225047/ranking-of-happiest-countries-worldwide-by-score/

The Birth of the Nordic Model:
https://nordics.info/show/artikel/red-norden-the-scandinavian-communist-federation-and-soviet-ambitions-in-the-1920s
https://nordics.info/show/artikel/the-nordic-response-to-the-great-depression-an-economic-lesson-for-the-corona-crisis

Part 1: The Welfare State
https://www.ifn.se/wfiles/wp/wp873.pdf
https://herususetyodotcom.files.wordpress.com/2017/09/m00094-an-introduction-to-swedish-welfare-state.pdf
https://portal.research.lu.se/en/publications/the-swedish-welfare-state-model-a-brief-overview

Part 2: The Great Compromise
https://tidsskrift.dk/scandinavian_political_studies/article/view/32759/30967

Part 3: Social Trust
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1738812
https://www.socialeurope.eu/wp-content/uploads/2020/04/socialtrust.pdf
https://norden.diva-portal.org/smash/get/diva2:1095959/FULLTEXT02.pdf

The Origin of Social Trust
https://www.econstor.eu/dspace/bitstream/10419/44134/1/394929810.pdf
https://www.jstor.org/stable/4621213
https://norden.diva-portal.org/smash/get/diva2:1095959/FULLTEXT02.pdf
https://sciencenorway.no/forskningno-norway-social-relations/why-do-the-nordics-trust-one-another/1444626
https://www.emerald.com/insight/content/doi/10.1108/CCIJ-01-2020-0036/full/html
https://democracyjournal.org/magazine/20/growth-and-the-middle-class/#:~:text=A%20strong%20middle%20class%20leads,they%20can%20control%20their%20circumstances.
https://sciencenordic.com/denmark-economics-history/trust-creates-a-welfare-state--not-vice-versa/1461980