Finland : Staff Report for the 2004 Article IV Consultation

1FINEA2005001 Image
Price:  $15.00

Release Date: © February, 2005
ISBN : 978-1-45181-323-4
Stock #: 1FINEA2005001
English
Stock Status: On back-order

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Description

The staff report for the 2004 Article IV Consultation on Finland highlights economic background and policy discussions. Sustained economic growth, among the highest in the industrialized world, has been underpinned by productivity gains led by the high technology electronics sector. The medium-term fiscal prospects are shaped by the strengthening recovery and the planned tax cuts. Reducing taxation of labor has been a key element of the authorities’ efforts to promote employment. The structural unemployment remains high, and Finland faces a rapidly changing global and domestic environment that calls for hard policy choices.

Taxonomy

Economic policy , Fiscal policy




More publications in this series: IMF Staff Country Reports