Strong Growth Continues – Finland Wasn’t a Hopeless Case, After All
It is likely that the impending trade war will be limited to individual product groups. If so, growth will continue in Finland this and the next year. The economic recovery shows that Finland has not been endowed with the exceptionally serious structural problems as alleged. Because of spending cuts and other measures, the strong economic development will not improve the situation of all population groups equally. The growth of income inequality should be mitigated by updating basic social security, which would include index adjustments of benefits no later than 2019.
- Hannu Karhunen
- Research Leader
- Tel. +358-40 940 2779
- hannu.karhunen@labore.fi
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- Ilkka Kiema
- Research Leader
- Tel. +358-40 940 2287
- ilkka.kiema@labore.fi
- Profile