Swedish model of development is one of the most successful in the world, with high levels of well-being, social equality and economic stability. An analysis of its historical and theoretical foundations allows us to understand what factors contributed to the achievement of these results. In today’s world, many countries face challenges such as economic inequality, aging populations, migration crises, climate change, etc. The Swedish model can offer valuable experience that can be adapted by other countries to address these challenges. The object of the research is the Swedish model of socioeconomic development. The subject of the research is the historical and theoretical aspects of of studying the Swedish model of development. The aim of the article is to study the historical prerequisites and stages of formation of the socioeconomic policy of Sweden. In the course of the research, the methods of analysis and synthesis, the theoretical method, the method of comparison, the calculation and constructive method, the analytical and prognostic methods were used. The article highlights the socioeconomic and political profile of Sweden; the main stages of historical development and formation of socioeconomic policy of Sweden are identified. The authors concluded that national models of economic development, despite some common features, demonstrate unique characteristics in each country. An important aspect of the success of such models is the reliance on general principles and norms that promote socioeconomic growth. The success of the socioeconomic policy of any country is based on deep historical values, an active foreign policy and reliable social protection of citizens, including access to education, health care and social support. Achievements in the economic sphere allow Sweden to conduct an active foreign policy and strengthen its position in international organizations and entities. Sweden also uses economic leverages to advance its foreign policy goals, which provides it with influence in the international arena not only economically, but also politically and strategically. In the future, Sweden must maintain a balance between a high level of social protection and economic sustainability. It is important to improve strategies to combat unemployment and stimulate the development of innovative sectors of the economy in order to ensure the sustainability and competitiveness of the Swedish economy at the international level.
Read full abstract