Assessment of International Economic Policy Models and Measures: Lessons for Canada

Abstract

We consider a typology of four social and economic policy models each pertaining to different groups of countries. These four policy systems namely the Nordic model, the Anglo-Saxon model, the Continental model, and the Mediterranean model, are described individually and in terms of selected public policies. In particular, we review the Swedish economic experience in promoting flexible labour markets and reforming its education sector, the French regulatory reforms in telecommunications and health care sectors, the competitive compulsory tendering and best value reforms in the United Kingdom, and the recent economic growth led by trade in Chile. Finally, we draw important lessons for reforms in Canada.