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Scandinavian Countries Enjoy the Most Successful Welfare Systems in Europe   Researchers of the Kiel Institute for the World Economy (IfW) have scrutinized the performance of different welfare systems in Europe. They wanted to work out how to realize a more even income distribution and more even living standards without overburdening social systems or impeding economic growth. In doing so they have differentiated social systems of the Northern, Continental and Southern European type on the one hand and the Anglophone type on the other hand. Representatively, they analyzed social systems in Sweden, Germany, France, and Italy as well as in Great Britain. They concluded that Sweden best masters how to balance solid economic growth, high employment and a just distribution of income. “Especially with respect to women Sweden has achieved a high employment rate. This broadens the tax base, helps to maintain solid state budgets and allows to fully take advantage of the countries resources,” explains IfW researcher Christiane Krieger-Boden.   By Christiane Krieger-Boden. Institut für Weltwirtschaft Available at: <https://www.ifw-kiel.de/media/press-releases/2015/scandinavian-countries-enjoy-the-most-successful-welfare-systems-in-europe> Accessed on: oct. 30, 2015. (Extract)


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Point out what benefits the best income distribution and the highest living standards brought to Sweden according to the text.

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