Abstract
?A socioeconomic model is the way in which society functions within a state. There are no set rules that define a social model; only loose definitions characterized by certain attributes like taxation, pension funds and employment'- Wikipedia. The Scandinavian model is often described as a reference in terms of gender equality, low income disparity, little unemployment and economic prosperity. Is this just a myth based on outdated arguments or is the Scandinavian way indeed a role model? The Scandinavian welfare model is characterized by specific elements which, when put together, create the particularity of this socio-economic system. Nevertheless, there are numerous other aspects to be taken into account:
-Are the Scandinavian countries really thriving or is it a myth?
-Would the implementation in other countries have positive consequences or can it only function in Scandinavia?
-Are the Scandinavians satisfied with the efficiency of their welfare system?
