What is the economy of Northern Europe? How does it differ from the economy of Southern Europe?

It is called "market economy", in principle it is the same as Southern Europe. There are a few implementations, but enumerating the small differences in governance is actually useless. There is a difference in the economies of Northern Europe and the Mediterranean, there is not a deep understanding about international law and treaty law, macroeconomics, political history, so much information

In the north, income disparity is suppressed because individuals can not pay taxes. When you force the company to do this, it is much easier to control. Easy to monitor and cheap

In the west of the iron curtain, Western Europe, Northern Europe, South European countries, and Austria, West Germany, Liechtenstein, Switzerland dominate the market economy. In addition to Spain (until 1975) and Portugal (until 1974) and the military dictatorship of Greece (1967 - 1974), the democratic government governed these countries. Most European countries located in the west side of the iron curtain are partnered with the United States and Canada within NATO, except for the neutral Switzerland, Liechtenstein, Austria, Sweden, Finland, Malta and Republic of Ireland. Economically, the European Community and the European Free Trade Association are representatives of the West of COMECON. Most nominally neutral countries are economically closer to the United States than the Warsaw Pact.

The most important differences in political and economic organizations are differences in the "coordinated market economy" in northern Europe, including Germany, Belgium, Austria, Finland and the Netherlands, "Mediterranean" in southern Europe, including Spain, Portugal, Greece, Italy . It is a typical example of the Scandinavian economy. A well-developed trade union and an employer organization are organized according to the department and are accustomed to negotiating with each other, so it has the ability.