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OECD Publishing
, Publication date: 07 Apr 2010
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Pages: 122
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Language: English
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Version: E-book (PDF Format)
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ISBN: 9789264084773
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OECD Code: 102010041E1
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Price:
€39 | $52 | £31 | ¥5600 | MXN670
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Availability: Available
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Frequency: Every 18 months
Tables: 10
Charts: 56
Electronic format: Acrobat PDF
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OECD's periodic survey of Finland's economy. This 2010 edition includes chapters on overcoming the crisis, sustainable public finances, coping with the jobs crisis and preparing for ageing, and rising inequalities. It finds that the crisis hit Finland harder than most other OECD countries, worsening the fiscal outlook. This calls for a stronger fiscal framework. Employment has held up relatively well, but rigidities in the labour market could complicate recovery. Increasing inequalities challenge Finland's social model and may be aggravated by the crisis.
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Basic Statistics of Finland (2008)
Executive summary
Assessment and recommendations
Chapter 1. Overcoming the crisis and beyond
-A severe downturn led by trade
-The near term outlook remains muted
-Annex 1.A1. Progress in structural reform
-Annex 1.A2. The Nordic model, recessions and economic performance
Chapter 2. Paving the way for sustainable public finances
-Fiscal policy is on an unsustainable path
-Reaching sustainability will require new fiscal targets
-Consolidation can be facilitated by a more efficient tax structure
-Expenditure growth needs to be reined in and efficiency improved
-Annex 2.A1. Fiscal scenarios
Chapter 3. Coping with the job crisis and preparing for ageing
-The recovery may be slowed by rigid labour markets
-Keeping people employed longer would help meet costs of ageing
Chapter 4. Rising inequalities challenge Finland’s social model
-Rising GDP has been accompanied by increasing inequality
-Addressing disparities is complex, calling for action on many fronts
-Regional inequalities can be reduced by improving municipal management
Glossary
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