Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/201291 
Title (translated): 
The Nature of the Finnish Competitiveness Problem
Year of Publication: 
2013
Series/Report no.: 
ETLA Report No. 9
Publisher: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
Abstract (Translated): 
We assess Finland’s competitiveness in the light of various, mainly short-term indicators. It turns out that the weak export market performance over the last few years is linked to the deterioration of profitability of production in Finland. A better export and employment performance requires a decline of relative unit labour costs and an improvement of business profitability. Wage moderation is necessary for this to happen. On the other hand, the determinants of Finland’s long-term competitiveness are quite good and maintaining and developing them should remain a key element of economic policy also in the future.
Subjects: 
Competitiveness
Profitability
Productivity
Export performance
Employment
JEL: 
F40
E25
E64
J31
O47
Document Type: 
Research Report

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