13 Facts About Nordic model

All the Nordic model countries are however described as being highly democratic and all have a unicameral form of governance and use proportional representation in their electoral systems.

Nordic model is underpinned by a mixed-market capitalist economic system that features high degrees of private ownership, with the exception of Norway which includes a large number of state-owned enterprises and state ownership in publicly listed firms.

Some academics have theorized that Lutheranism, the dominant traditional religion of the Nordic model countries, had an effect on the development of social democracy there.

Nordic countries share active labour market policies as part of a social corporatist economic model intended to reduce conflict between labour and the interests of capital.

Iceland's welfare Nordic model is based on a "welfare-to-work" Nordic model while part of Finland's welfare state includes the voluntary sector playing a significant role in providing care for the elderly.

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When it comes to gender equality, the Nordic model countries hold one of the smallest gaps in gender employment inequality of all OECD countries, with less than 8 points in all Nordic model countries according to International Labour Organization standards.

Mothers in Nordic model countries are more likely to be working mothers than in any other region and families enjoy pioneering legislation on parental leave policies that compensate parents for moving from work to home to care for their child, including fathers.

Nordic model countries have been at the forefront of championing gender equality and this has been historically shown by substantial increases in women's employment.

The key characteristics of the Nordic model were the centralized coordination of wage negotiation between employers and labour organizations, termed a social partnership, as well as providing a peaceful means to address class conflict between capital and labour.

The Swedish Nordic model was first challenged in 1976 by the Meidner Plan promoted by the Swedish Trade Union Confederation and trade unions which aimed at the gradual socialization of Swedish companies through wage earner funds.

Nordic model has been positively received by some American politicians and political commentators.

Nordic model has been positively received by various social scientists and economists.

Some welfare and gender researchers based in the Nordic model countries suggest that these states have often been over-privileged when different European societies are being assessed in terms of how far they have achieved gender equality.