Susanna Fellman

Susanna Fellman is professor of business history at the School of Business Economics and Law at the University of Gothenburg, Sweden. You can read more about her here.

Contributions to nordics.info

Despite previous moves for economic integration in the Nordics, it became especially vigorous once globalisation took hold, particularly from 1990s. Photo: Calvin Hanson, Unsplash.

2019.08.27 | The Quick Read, Susanna Fellman, Economy, Region-building

The Nordic countries and economic integration

As small, open economies, all the Nordic countries (Denmark, Finland, Island, Norway and Sweden) have been well integrated in the regional and international economy. There have been moves to further intra-Nordic integration, such as, the NORDEK project in 1960s and the establishment of Nordic companies. Each of the five countries has had differing…

Important export products from Sweden today include iron and steel, precision equipment (bearings, radio and telephone parts and armaments), processed foods and motor vehicles. Photo: SPK ball bearings.

2019.06.13 | Article, Susanna Fellman, Economy

Economic development in the Nordic countries

The Nordic countries are today among the richest countries in the world measured by GDP per capita. These countries also come top in more or less every international comparison of competitiveness. This was not the case 150 years ago. In the mid-nineteenth century the Nordic economies lagged behind those of the leading industrialised nations. The…

The Oslo Stock Exchange, or 'Oslo Børs'. The financial and other markets were highly regulated in all the Nordic countries post-war, but this changed radically in the 1980s and 1990s. Photo: Colourbox.

2019.05.28 | The Quick Read, Susanna Fellman, Economy, Public policy

The 'Nordic model' of capitalism

The five Nordic countries (Denmark, Finland, Iceland, Norway and Sweden) are often characterised as being welfare capitalist, featuring a combination of free market activity and government intervention. However, the institutional frameworks and economic policy models have changed over time, and the ‘model’ used has varied between countries and…