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2008 OECD Economic Surveys: Finland 2008

image of OECD Economic Surveys: Finland 2008

This 2008 edition of OECD's periodic survey of Finland's economy opens with a chapter examining how Finland can get the most out of Globalisation. It then reviews recent economic performance and examines key economic issues Finland faces including tax policy, the municipal services sector, a better functioning labour market, making tertiary education as good as compulsory education, and accessing and integrating foreign labour.

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Recent macroeconomic performance and fiscal sustainability

This chapter briefly summarises Finland’s recent economic performance and highlights the potential for cutting labour taxes in the near term, by pairing tax cuts with offsetting contractionary policies. Priorities for achieving longer term fiscal sustainability are also discussed, including further pension reform.

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