The Economist:  

“The Nordic Countries are Probably the Best-Governed in the World”

2013.02.08

A new special report by the Economist highlights Denmark and the other Nordic countries as role models.

In the leader of the magazine it reads : “The Nordics cluster at the top of league tables of everything from economic competitiveness to social health to happiness. They have avoided both southern Europe’s economic sclerosis and America’s extreme inequality. Development theorists have taken to calling successful modernisation “getting to Denmark”.”

Jacob Warburg, chief economist at the Danish Ministry of Foreign Affairs elaborates:

- "The report confirms that Denmark along with the other Nordic countries has proved that it is possible to combine competitive capitalism with a welfare state: the secret is efficiency, transparency and honesty.”

- “Denmark is a stout free-trader who resists protecting domestic companies and welcomes investments from abroad. Denmark has perhaps the most flexible labour market in the world. Although taxes are high, procurement of public services are competitive, efficient and totally free of corruption. The credit rating is AAA and government debt significantly below the euro-zone average. In Denmark the state is popular not because it is big but because it works.

Click to read the full report or watch the interview with the editor Adrian Wooldridge below:

 

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