OECD Home › Finland › Publications & Documents › Policy Briefs
7-April-2010
English, , 383kb
The worldwide recession hit Finland harder than most other OECD countries. Export volumes fell by almost a third from their mid-2008 peak, reflecting the dominance of income-sensitive capital goods and exceptional exposure to hard hit markets such as the Russian Federation. The well supervised and prudent financial sector has weathered the crisis well, although there was some inevitable slowing in credit growth. A significant fiscal
3-June-2008
English, , 338kb
The Finnish economy has performed very well in recent years, with strong GDP growth in a low-inflation environment, rising employment and a sound fiscal position. Strong social safety nets and high education standards put the country in a good position to benefit from the opportunities of globalisation. However, unemployment remains high compared with the best performing countries, despite rising labour shortages, pointing to
Follow us
E-mail Alerts Blogs