The world should consider adopting the Nordic approach to capitalism and learn from the region’s response to its financial and economic crisis in the 1990s in the attempt to stave off recession, according to the chairman of two of Europe’s biggest companies. (3/22/09 Financial Times, Richard Milne) … Read Article
1. Identify the two characteristics of the Nordic model of capitalism according to Richard Milne.
2. Discuss the actions taken by Nordic politicians in the 1990s to address their financial and economic crisis.