Finland: Staff Report for the 2002 Article IV Consultation

International Monetary Fund

No 2002/186, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2002 Article IV Consultation highlights that the economic growth in Finland slowed sharply in 2001 in the face of a deteriorating external environment, but is expected to pick up significantly by 2003 after staying somewhat lackluster in 2002. The abrupt contraction of the information and communications technologies market, as well as a decline in traditional exports, contributed to a significant decline in both export volume growth and real growth overall in 2001. The main challenges for economic policy are interrelated to deal with high unemployment and the impact of a rapidly aging population.

Keywords: ISCR; CR; market flexibility; surplus; product market; public expenditure limit; IMF staff estimate; IMF staff projection; exchange rate; article IV consultation; supply incentive; employment rate; potential GDP; public expenditure; Labor taxes; Employment; Social security contributions (search for similar items in EconPapers)
Pages: 30
Date: 2002-08-15
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=16033 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2002/186

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().