The Organisation of Services of General Interest in Finland

Johan Willner () and Sonja Grönblom
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Johan Willner: Åbo Akademi University, Department of Economics, Turku, Finland

No 1520, CIRIEC Working Papers from CIRIEC - Université de Liège

Abstract: Like in most other European countries, services of general interest in Finland have in recent years been subject to competition, increased private provision, and in some cases privatisation. This development is motivated by expected cost reductions, by EUregulations, by ideology and fashion, and in some cases also by a desire to generate sales revenues. Empirical evaluations have provided mixed results, but the relatively successful history of Finland’s state enterprises makes it hard to believe that the public sector would be unable to organise SGI-services efficiently. A number of potential market failures suggest that renationalisation should be taken seriously as an alternative to regulation. This would not necessarily be a very radical policy, because public ownership is still fairly prominent among SGIs in Finland

Keywords: public ownership; privatisation; cost efficiency; social objectives (search for similar items in EconPapers)
JEL-codes: H11 H42 H44 L33 L90 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-com and nep-cse
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Persistent link: https://EconPapers.repec.org/RePEc:crc:wpaper:1520

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