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The article aims to present the evolution of Swedish and Finnish economies from a welfare state to a model of a knowledge-based competitive economy, and to identify factors which determine the competitiveness of these economies in view of the rise of the post-industrial information society. The article analyses selected statistical data on Swedish and Finnish economies relative to other European and world economic systems. The conclusions drawn from our observations and statistical materials collected may constitute a viable basis for more comprehensive research.
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Batowski et al. (2008) studied this question.
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