Finland report in the FT

Last Wednesday I read this full report on Finland and its economic outlook (some of the articles available here).

My main learnings below:

  • Economic growth hasn't translated in lower unemployment nor higher incomes per capita.
  • The baby boomer retirement bomb will explode here earlier than in the rest of Europe.
  • In order to maintain the same amount of people in the workforce, immigration would be needed.  However, the country is not prepared for it nor is very attractive.
  • There is a lot of focus in innovation, but not enough in marketing that innovation (which is obvious when one reads articles like this one).  Entrepreneurship is really minimal.
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