Finland is the forerunner in adjusting to the ageing of population. Population ageing will have repercussions on the labour market, economic growth potential and public finances. The main features of the Finnish strategy to counter the effects of population ageing have been extensive and...

Wage-setting systems are a key element of the labour market institutional setup. In Europe, they vary considerably, reflecting the diversity of existing economic and social models. Over the long run, different wage-setting models can have a significant impact on macroeconomic performance,...

In the recent debate on the response to the challenges of globalisation, the so-called Nordic model has received much praise. While the three Nordic countries are often lumped together, their performance has not been the same. A notable feature of the Finnish economy compared with that of Sweden...