Conversation with Nordic Ambassadors: Paths Toward Common Prosperity: The Nordic Model and Beyond

In an era of globalization, countries everywhere face daunting socioeconomic challenges. Inequality is rising. Cohesion is weakening as societies undergo identity crises. As governments in search of role models for governance, equality, and social and economic policy, the so-called Nordic model often rank the top. Practiced in Nordic countries, including Sweden, Norway, Denmark, Finland, and Iceland, the Nordic model is characterized by state welfare system, access to quality education, and low income disparities and contributes tot he countries‘ continued growth and prosperity. China shares the Nordic countries‘ drive to combine market economy and government intervention. As the country seeks to transform its economy and address challenges due to unfettered growth in the past decades, the Nordic experiences may shed light on possible pathways toward the national goal of common prosperity. This event provides highly contextualized accounts of the Nordic model and a discussion about its relevant applic