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A Self-Renewing, Resilient and Sustainable Society: Contribution by the officials of the Ministry of Finance
(Ministry of Finance, 2019-03-22)
In the document ‘A Self-Renewing, Resilient and Sustainable Society’, the key economic and governance policy issues for the coming parliamentary term are reviewed from the perspective of the Ministry of Finance. Development ...
Productivity and resource allocation – Weak level and growth of productivity in Finland's digital services
(Ministry of Finance, 2021-12-10)
The labour productivity gap between Finland and the world's leading countries narrowed consistently until 2008, when the trend took a downward turn. Since then the productivity gap has been widening. While labour productivity ...
The State of Productivity in Finland. Why did its growth stop? Will it start again?
(Ministry of Finance, 2020-09-15)
Economic growth is still important source of improving living standards and, in the long term, labour productivity growth is the most important factor behind it. Productivity grows as a result of better utilisation of ...
Wages and competitiveness depend on productivity : How can we foster productivity growth?
(Valtiovarainministeriö, 2022-12-09)
The report examines Finland's cost-competitiveness, development of earnings, innovation policy and the causes of its exceptionally slow productivity growth.
The underlying cause of Finland’s slow productivity growth is ...
Skilled people create productivity : Skills shortage threatens to slow down the effectiveness of R&D investments and productivity growth
(Valtiovarainministeriö, 2023-12-01)
Productivity is an absolute requirement for material welfare in the long term. The productivity growth was very rapid in Finland from the 1990s until 2007, while it has been slow since 2008.
The slow development of ...