What is it about?
The Naturally Optimized Revenue Demand in Communities NORDIC model promotes the health of the workforce and reduces the costs of non-employment by producing artificial shadow costs to be inserted into the public accounts. This approach induces economic incentives to increase the employment-to-population ratio.
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Why is it important?
Much attention has been devoted to the issue of unemployment. A high employment-to-population ratio has positive effects on the Gross Domestic Product.
Perspectives
All over the world, my NORDIC model will improve the workforce and its quality of life, particularly for seniors. Labour authorities and politicians obtain a comprehensive tool to apply to labour issues, and improve the health of the workforce. Further research develops algorithms for certain sections of the workforce.
Dr. Jan Stenis
Swedish state
Read the Original
This page is a summary of: Application of the Naturally Optimised Revenue Demand in Communities NORDIC Model to Improve the Workforce in Sweden, Applied Economics and Finance, February 2020, Redfame Publishing,
DOI: 10.11114/aef.v7i2.4711.
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