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The Common Nordic Labour Market at 50

2008, TemaNord

Abstract
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This paper examines the impact and historical significance of the Common Nordic Labour Market, established by an agreement among Denmark, Finland, Iceland, Norway, and Sweden in 1954. It assesses how free mobility of labor across these countries has provided welfare benefits, influenced economic cycles, and led to challenges such as competition in the labor market and brain drain. The study reviews empirical research on migration within the region, highlighting the role of economic factors in driving labor flows and discussing the broader implications of the Nordic experience in the context of European migration.