Finland : Selected Issues.

This Selected Issues paper outlines Finland's experience in the field of public expenditure policies, illustrates alternative medium-term approaches to fiscal policy, and discusses prospects for efficient expenditure management in the future. The paper illustrates the evolution of public expend...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Staff Country Reports; Country Report ; No. 1999/122
Online Access:Full text available on IMF
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520 3 |a This Selected Issues paper outlines Finland's experience in the field of public expenditure policies, illustrates alternative medium-term approaches to fiscal policy, and discusses prospects for efficient expenditure management in the future. The paper illustrates the evolution of public expenditures from the creation of the welfare state to the crisis of the early 1990s. It discusses the post-crisis consolidation process, including the institutional reforms that facilitated adjustment. The paper also illustrates the future challenges and policy trade-offs in the context of alternative long-term scenarios. 
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