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Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
Maintaining high participation and employment in the face of the current recession and a rapidly ageing population are major challenges for policy makers. The recession of the early 1990s showed that high unemployment can leave long–lasting scars on labour markets.
Finland was among the most affected OECD countries during the crisis as demand for its mainly capital–goods intensive exports collapsed. The financial sector weathered the shock well, but credit contracted, reflecting both demand and supply factors.
The costs of the recession and ageing are a challenge to fiscal sustainability. The estimated fiscal sustainability gap has increased from 3 to 8% of GDP due to a sizeable permanent stimulus and lower potential output. A consolidation plan should be articulated now...
Income distribution remains among the most equitable in the OECD although disparities have widened over the decade. While the tax and transfer system has been effective in reducing income inequality, changes to the income tax system in the early 1990s have contributed to rising disparities.
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This note, taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2009, contains information about the progress in implementing reforms in line with the 2008 priorities for Finland.
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The purpose of this review is to provide an overview and analysis of the use of digital learning resources (DLR) in Finnish schools and, based on this, to review and evaluate the process of innovation in a broad range of related policies projects and initiatives.
The EU Better Regulation project is a partnership between the OECD and the European Commission. It draws on the initiatives for Better Regulation promoted by both organisations over the last few years.
This third report in the OECD series Sickness, Disability and Work looks specifically at the cases of Denmark, Finland, Ireland and the Netherlands, and highlights the roles of institutions and policies.
Two companion volumes focusing on the improvement of school leadership. Volume 1 provides a range of policy options to help governments improve school leadership. Volume 2 examines measures taken in five countries.