Growth and Equity in Finland

Finnish economic history during the "long" 20th century, with a special emphasis on policies for equity and growth, is reviewed. IT is argued that Finland developed from a poor, vulnerable and conflict-prone country to a modern economy in part through policies geared at both growth and equ...

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Main Authors:	Jäntti, Markus, Saari, Juho, Vartiainen, Juhana
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	World Development Report 2006
Online Access:	http://hdl.handle.net/10986/9125

id	okr-10986-9125
recordtype	oai_dc
spelling	okr-10986-91252021-04-23T14:02:44Z Growth and Equity in Finland Jäntti, Markus Saari, Juho Vartiainen, Juhana World Development Report 2006 Finnish economic history during the "long" 20th century, with a special emphasis on policies for equity and growth, is reviewed. IT is argued that Finland developed from a poor, vulnerable and conflict-prone country to a modern economy in part through policies geared at both growth and equity, such as land reform and compulsory schooling. The state participated in economic activity both indirectly and directly in the post-war period, implementing many social policy reforms that facilitated the functioning of the labor market and led to greater equity. Centralized collective bargaining was just one of the many means through which central government intervened in the economy. Both the long-run growth record and the equality of different kinds of economic outcomes are fairly positive. This suggests that facilitating economic growth through such policies that further more equitable outcomes may at least in the case of Finland have met with some success. 2012-06-26T15:38:54Z 2012-06-26T15:38:54Z 2005 http://hdl.handle.net/10986/9125 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Europe and Central Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	World Development Report 2006
spellingShingle	World Development Report 2006 Jäntti, Markus Saari, Juho Vartiainen, Juhana Growth and Equity in Finland
geographic_facet	Europe and Central Asia
description	Finnish economic history during the "long" 20th century, with a special emphasis on policies for equity and growth, is reviewed. IT is argued that Finland developed from a poor, vulnerable and conflict-prone country to a modern economy in part through policies geared at both growth and equity, such as land reform and compulsory schooling. The state participated in economic activity both indirectly and directly in the post-war period, implementing many social policy reforms that facilitated the functioning of the labor market and led to greater equity. Centralized collective bargaining was just one of the many means through which central government intervened in the economy. Both the long-run growth record and the equality of different kinds of economic outcomes are fairly positive. This suggests that facilitating economic growth through such policies that further more equitable outcomes may at least in the case of Finland have met with some success.
author	Jäntti, Markus Saari, Juho Vartiainen, Juhana
author_facet	Jäntti, Markus Saari, Juho Vartiainen, Juhana
author_sort	Jäntti, Markus
title	Growth and Equity in Finland
title_short	Growth and Equity in Finland
title_full	Growth and Equity in Finland
title_fullStr	Growth and Equity in Finland
title_full_unstemmed	Growth and Equity in Finland
title_sort	growth and equity in finland
publisher	Washington, DC: World Bank
publishDate	2012
url	http://hdl.handle.net/10986/9125
_version_	1764408560959094784

Growth and Equity in Finland

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