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Was it Kekkonen who said that the Finnish economy is like a chair, and two of the legs are made of wood? The forestry industry is still a big player, especiall
by danjac 3y ago
Was it Kekkonen who said that the Finnish economy is like a chair, and two of the legs are made of wood?
The forestry industry is still a big player, especially with the recent disconnection of Russia from the world economy. Biofuels may play a part in that. But not sure it's a big enough differentiator these days.
The country is well-educated, however it suffers from the same problem as much of Europe: not enough young people to support a growing retired population. That retired population is also more conservative leaning and doesn't want more immigration, yet Finland needs more skilled immigrants. Again, a common European story of an older voting base who want to live off the fruits of other peoples' labour (whether as recipients of government largesse, or as landlords on their property investments) but do their darnedest to make it harder for that labour to make those fruits.
- distances 3y agoDisconnected Russia is also a problem for the Finnish forest industry: the processing capacity greatly exceeds domestic wood supply and was relying on raw material imports from Russia. This now results in reduced industrial output.