Finland 2001 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Finland

Finland's performance has been impressive. In light of rapid population aging, a significant and durable increase in the employment rate is vital. To leave room for needed tax cuts on labor while maintaining sufficiently large fiscal surpluses is crucial. With both growth and inflation set to s...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2001
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Finland's performance has been impressive. In light of rapid population aging, a significant and durable increase in the employment rate is vital. To leave room for needed tax cuts on labor while maintaining sufficiently large fiscal surpluses is crucial. With both growth and inflation set to slow, the current cyclical outlook offers an excellent opportunity for a taxed-based fiscal easing. Pension reform will ease the consequences of the demographic shock substantially. The private services sector in Finland has very strong potential for employment creation and growth
Physical Description:51 pages
ISBN:9781451813166