1. The Social Purpose of Economic Policy.
- Author
-
Lindvall, Johannes
- Subjects
- *
ECONOMIC policy , *ECONOMICS , *DEMOCRACY , *POLITICAL culture , *ECONOMIC reform , *POLICY sciences - Abstract
I explain why full employment remained the primary objective of Swedish economic policies in the 1970s and 1980s, when other advanced democracies gave priority to price stability. The reason was, I argue, that a specific set of norms about the social purpose of politics were present in Swedish political culture until the late 1980s. My empirical evidence also suggests that Sweden’s trajectory of economic policy changes can only partly be explained with reference to structural economic factors, or to economic ideas. [ABSTRACT FROM AUTHOR]
- Published
- 2002