2004 OECD Economic Surveys: Finland 2004

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In this 2004 review of the Finnish economy, OECD finds that Finland’s recent strong performance is threatened by population ageing and falling productivity and prices in the ICT sector. OECD suggests countering these pressures by boosting competition and expanding employment by further reducing early retirement schemes and tapering unemployment benefits. This edition’s special feature suggests other fiscal measures to counter the budgetary pressures of the ageing population. 

English Also available in: French

Fiscal Priorities Ahead of Ageing

Growth in public spending has been vigorous and pressure for raising spending is likely to continue to be strong, especially due to ageing as reviewed in Chapter 1. At the same time, the tax burden is high, especially on labour. Achieving the government’s medium-term objectives and ensuring the sustainability of public finances over the long term, while maintaining the essential parts of the welfare...

English Also available in: French

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