Wage Inflation in Post-War Finland

Bruno Suviranta
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Bruno Suviranta: Helsinki School of Economics

Chapter Chapter 16 in Inflation, 1962, pp 248-263 from Palgrave Macmillan

Abstract: Abstract The economic policy customarily pursued in Finland was recently characterized by Per Jacobsson as follows: ‘A readiness to take the initiative, and even to experiment, has remained a characteristic of Finland’s political and economic life. Of course, Finland has not always been right; mistakes have no doubt been made, but the country has continued to make rapid progress under conditions that have not always been very favourable. It is useful to study a country that is not afraid to deviate from the common pattern, for such a study is apt to throw fresh light on factors which determine the trend of economic developments.’1

Keywords: Trade Union; National Income; Inflationary Pressure; Stabilization Policy; Cyclical Fluctuation (search for similar items in EconPapers)
Date: 1962
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-08455-5_16

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DOI: 10.1007/978-1-349-08455-5_16

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