However, this should be seen in the context of very high initial redistribution and thus a likely binding trade-off with economic efficiency. Education, employment regulations and wage bargaining have also seen significant changes since the 1990s, and there are no doubt further challenges and need for reforms looming. However, the Nordics have so far been able to adjust their policies in such a way that equality, opportunity and economic efficiency co-exist relatively well compared to the rest of the OECD.