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,...

This paper reviews Finland's growth strategy in the postwar decades. Finland was able to initiate an impressive mobilization of resources during this period, reflected mostly in a high rate of capital accumulation for manufacturing industries. This was achieved by an unorthodox combination of...