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Bretton Woods as a prerequisite for the Swedish Model
University of Gävle, Faculty of Education and Business Studies, Department of Business and Economic Studies, Business administration.ORCID iD: 0000-0001-9802-5932
2012 (English)Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

In the suggested paper I will discuss my idea that one of the main conditions for the Rehn-Meidner Model – which was first described for a wider audience in 1952 – was the Bretton Woods Agreement of 1944. I actually suggested this to Meidner and other economists at a conference in Stockholm in the 1990s. But none of those present were prepared to discuss the subject. I have, however, not been able to abandon the idea. My inspiration in this mainly comes from Eric Helleiner's, States and the Reemergence of Global Finance (1994) as well as acquaintance with Swedish Model thinking gained during decades of exposure to actors central to the model's further fate. The title of the keynote ch. 2 in Helleiner (1944) is "Bretton Woods and the Endorsement of Capital Controls". Helleiner's high-lighting of 'the double nature of' Bretton Woods was far from main-stream when his book was published. By 'the double nature of' Bretton Woods I refer to the trait that Bretton Woods at the same time provided a framework for liberalising trade in goods and controling movements of capital. When global finance reemerged in the 1970s it led to problems for most of the welfare states built during the early postwar period ( ≈ 1950s - 1960s). The Swedish welfare state was among the most resilient but to my judgement important parts of it have been dismantled. In order to thoroughly study and understand the issues raised above I think that a large research project would be needed. My intention with the suggested paper is to give an impetus to this rather than to seriously initiate the research.

Place, publisher, year, edition, pages
2012.
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hig:diva-23895OAI: oai:DiVA.org:hig-23895DiVA, id: diva2:1089466
Conference
Economic Policy in Times of Crisis, the 24th Annual Conference of the European Association for Evolutionary Political Economy (EAEPE), Cracow University of Economics, Krakow, Poland, 18 – 21 October 2012
Available from: 2017-04-19 Created: 2017-04-19 Last updated: 2022-09-19Bibliographically approved

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Hollander, Ernst

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • harvard-cite-them-right
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • sv-SE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • de-DE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
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