Norwegian welfare system set to be example in Davos / News / The Foreigner

Norwegian welfare system set to be example in Davos. Norway’s welfare system could be one of the main attractions at this year’s World Economic Forum (WEF) in Davos. The WEF gathering is a communication platform to envisage solutions on diverse issues, such as economic growth, health, and social development. World leaders in Davos are now interested in the Scandinavian welfare model was considered unsustainable by many foreign countries 20 years earlier.

worldeconomicforum, davos, crownprincehaakon, crownprincessmette-marit, jensstoltenberg, jonasgahrstoere



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Norwegian welfare system set to be example in Davos

Published on Thursday, 27th January, 2011 at 12:27 under the news category, by Ramona Tancau.
Last Updated on 28th January 2011 at 10:03.

Norway’s welfare system could be one of the main attractions at this year’s World Economic Forum (WEF) in Davos.

Davos Congress Centre, WEF 2011
Davos Congress Centre, WEF 2011
Photo: World Economic Forum/Flickr


The WEF gathering is a communication platform to envisage solutions on diverse issues, such as economic growth, health, and social development.

World leaders in Davos are now interested in the Scandinavian welfare model was considered unsustainable by many foreign countries 20 years earlier.

Oslo University Professor Karl Ove Moene explained there used to be misconceptions about the Nordic welfare system, one of them being that it can only be applicable to rich nations.

“The Nordic countries did not achieve this success because they were rich. However, they became rich because of it,” he told Aftenposten earlier this week.

Prior to his arrival in Davos, Norwegian Foreign Minister Jonas Gahr Støre said, “the pendulum has now swung in the other direction. The Nordic welfare model is no longer perceived as unwieldy.”

“Taxes used to be extremely high but the Nordic model has proved to be not only sustainable, but also more successful in facing economic turmoil, with Norway being one of the countries with the lowest unemployment levels,” he said.

Moreover, according to Kristin Clement, of the Conservative think tank Civita, an increasing number of countries are now gradually adopting a quasi-Nordic system.

“The world is becoming more Nordic in the sense that this model, with a very open market economy coupled with a welfare state, is becoming more common - and a goal for many countries,” she said.

With FM Støre in Davos is Prime Minister Jens Stoltenberg, who is scheduled to hold a panel discussion about the Nordic social welfare system tomorrow, along with representatives from other Nordic countries. 

The PM will also meet with Bill and Linda Gates, with whom he is planning to discuss the work of the Global Alliance for Vaccines and Immunization (GAVI), according to Dagens Næringsliv (DN).

“This work began in Davos in 2000, and millions of children have been helped since then thanks to the large donations that have come in. Davos is not a place where decisions are made, the meeting is too complex for that, however you can share ideas and arguments, which is always useful," he said.

Crown Prince Haakon and Crown Princess Mette-Marit are also attending the forum, as well as other Norwegian companies, including Orkla, DnB NOR, Statoil, Telenor, Norsk Hydro, Yara, Statkraft, and the Norwegian Seafood Export Council.

The meeting ends on 30th January.



Published on Thursday, 27th January, 2011 at 12:27 under the news category, by Ramona Tancau.
Last updated on 28th January 2011 at 10:03.

This post has the following tags: worldeconomicforum, davos, crownprincehaakon, crownprincessmette-marit, jensstoltenberg, jonasgahrstoere.





  
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