This study analyses financial sustainability of the Finnish public sector. Current tax rates are unlikely to yield sufficient tax revenue for financing public expenditure under an ageing population. The estimate of the sustainability gap is 2 1/2 per cent of GDP, for the period 2010 - 2060. The...

This Report analyzes the impacts of population ageing on the Finnish economy and the possibilities to avoid its negative effects by increasing net migration. Our calculations show that a yearly net migration of 44,000 persons is needed to stabilize the size of the birth cohorts and the labor...

This Report analyzes the impacts of population ageing on the Finnish economy and the possibilities to avoid its negative effects by increasing net migration. Our calculations show that a yearly net migration of 44,000 persons is needed to stabilize the size of the birth cohorts and the labor...

The amount of work done in the economy has been subject to a lot of debate in Finland recently. Unemployment is considered a major problem. On the other hand, extending annual working time receives little support. In fact, a widely held view is that one should reduce the working time of the...