When many survey the global economy, some point to the success of the Scandinavian countries as a model to emulate. These countries, however, have evolved over time, and do not conform to some of the stereotypes typically applied to them. The Economist published an essay with a fairly accurate assessment of how their current economic and social policies are being implemented.
The global balance of power is shifting dramatically–perhaps the most significant shift since the end of World War I. How likely is such a shift in historical terms? More precisely, how likely was the shift that we are currently undergoing? Such questions are impossible to answer, but that does not mean that the questions are not worth asking.
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