Cover IMF Staff Country Reports
Finland: Staff Report for the 2000 Article IV Consultation
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2000: Issue 117
Language:
English
Publication Date:
31 Aug 2000
DOI:
https://doi.org/10.5089/9781451813159.002
ISBN:
9781451813159
ISSN:
1934-7685
Pages:
23
Keywords:
ISCR; CR; economy; public finance; surplus; core inflation; Finland; IMF staff estimate; product market; banking sector; output gap; housing market; labor market tension; productivity growth; stability program; price index; structural surplus; supply response of the economy; Labor markets; Potential output; Social security contributions; Labor force; Europe
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Finland has recovered from the depression of the early 1990s, and is engaged in a new phase of economic expansion. Problems remain on the structural front and should be tackled for robust long-term growth. The restraint on the growth of public expenditures should be complemented by a significant reduction in the heavy tax burden on labor income. The macroeconomic policy stance should be complemented by other measures on the structural front to help expand the effective labor supply and enhance the supply response of the economy.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund