Finland: Staff Report for the 2004 Article IV Consultation

February 7, 2005

Preview Citation

Format: Chicago

Finland: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Summary

The staff report for the 2004 Article IV Consultation on Finland highlights economic background and policy discussions. Sustained economic growth, among the highest in the industrialized world, has been underpinned by productivity gains led by the high technology electronics sector. The medium-term fiscal prospects are shaped by the strengthening recovery and the planned tax cuts. Reducing taxation of labor has been a key element of the authorities’ efforts to promote employment. The structural unemployment remains high, and Finland faces a rapidly changing global and domestic environment that calls for hard policy choices.

Subject: Employment, Expenditure, Labor, Labor markets, Labor taxes, Public debt, Taxes, Wages

Keywords: CR, Economy, Employment, Euro, Global, Government, Government program, ISCR, Labor markets, Labor taxes, Policy agenda, Price level, Staff assessment, Structural surplus, Surplus, Wages

Publication Details

Pages:

45
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/035
Stock No:

1FINEA2005001
ISBN:

9781451813234
ISSN:

1934-7685

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