European Parliament Library

Finland :, Staff Report for the 2003 Article IV Consultation

Label
Finland :, Staff Report for the 2003 Article IV Consultation
Language
eng
Abstract
The economic restructuring and expansion after the crisis reflected a combination of private sector initiative, solid macroeconomic management, including the shift from large deficits to significant surpluses of the general government, and structural reforms. High unemployment is one indication that structural rigidities continue to hamper Finland's output potential. In the face of high unemployment and rapid population aging, the discussions focused on supporting medium-term growth while securing long-term fiscal sustainability. Reflecting concerns about slowing growth, front-loaded expenditure increases, and tax cuts were at the center of the fiscal policy debate
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Finland :
Nature of contents
dictionaries
Series statement
IMF Staff Country Reports
Sub title
Staff Report for the 2003 Article IV Consultation
Content
Other version