Last Wednesday I read this full report on Finland and its economic outlook (some of the articles available here).
My main learnings below:
- Economic growth hasn't translated in lower unemployment nor higher incomes per capita.
- The baby boomer retirement bomb will explode here earlier than in the rest of Europe.
- In order to maintain the same amount of people in the workforce, immigration would be needed. However, the country is not prepared for it nor is very attractive.
- There is a lot of focus in innovation, but not enough in marketing that innovation (which is obvious when one reads articles like this one). Entrepreneurship is really minimal.