The economic performance of the Nordic countries -- The Nordic welfare model -- How does the model work? -- Labor markets, the flexicurity model -- Ageing populations -- Globalization and migration -- The wealth dilemma.

Denmark is often termed a "flexicurity" country with lax employment protection legislation, generous unemployment insurance, and active labor market policies. This model is not a safeguard against business cycles, but has coped with the Great Recession and the Covid-19 pandemic, avoiding large...