Finland’s population aging accelerated significantly around 2010 when the working age population started declining. Sweden and Denmark have somewhat younger population but they will follow Finland with a 10-15 year lag and will have the same problems later on. Others countries of course will also face the same problem.
Japan’s economy is not underperforming – its population is getting too old: https://archive.ph/SmywX
Same thing is happening to Finland
AgentBlue14 on
I wonder if the anti-immigrant Finns Party wants the end (a Finland with less immigrants) without any of the means (less economic growth and the consequences of that to the welfare state).
With a declining birth rate and difficult employment prospects for non-Finnish speaking/looking immigrants in an extremely tight job market, who would consider moving to Finland when you have an uphill battle on top of everything else?
I think that’s a choice that puts you between a rock and a hard place. Do you see your country grow and prosper with people who share your values and want to build a future, or do you succumb to an eventual decline because you’re too scared of the people who might come and save you?
C3P0-Jedi on
I had no idea the Finland haven’t seen real growth for so long. The problem is bigger than I thought…
solenico on
I don’t really care how Finnish economy does anymore. We have still all the basics in extremely good condition what comes chances for economic growth. Has nothing to do with government. It’s the companies and their chances for success.
Government can affect very little on this.
Obviously I’m concerned how we handle our elderly people and how are things when I should retire. I’m probably not retiring in Finland anyway so I have to admit that’s one of the reasons I stopped stressing about the whole thing.
I read a lot of books about economics and especially macroeconomics which also gives me confidence that things are not as bad as it sometimes seems.
The other things I can’t change a thing anyway. No matter how concerned I would be.
I’m more concerned for my kids ever going to get decent job when AI takes over. Do I have a job till I retire before AI is going to replace me.
But I can’t affect that either. Well, I can much more than I can affect whatever is going to happen to Finland.
4 commenti
There’s pretty much no difference between finlands gdp per capita and the eurozone after the 2008 financial crisis:
https://www.imf.org/external/datamapper/NGDPDPC@WEO/FIN/EURO
Finland’s population aging accelerated significantly around 2010 when the working age population started declining. Sweden and Denmark have somewhat younger population but they will follow Finland with a 10-15 year lag and will have the same problems later on. Others countries of course will also face the same problem.
EDIT:
if you adjust for the working age population there hast been “lost decades in japan” which supposedly started in the 1990s:
https://www.investmentoffice.com/rc/img/GDP_per_capita_large_5287.jpg
Japan’s economy is not underperforming – its population is getting too old:
https://archive.ph/SmywX
Same thing is happening to Finland
I wonder if the anti-immigrant Finns Party wants the end (a Finland with less immigrants) without any of the means (less economic growth and the consequences of that to the welfare state).
With a declining birth rate and difficult employment prospects for non-Finnish speaking/looking immigrants in an extremely tight job market, who would consider moving to Finland when you have an uphill battle on top of everything else?
I think that’s a choice that puts you between a rock and a hard place. Do you see your country grow and prosper with people who share your values and want to build a future, or do you succumb to an eventual decline because you’re too scared of the people who might come and save you?
I had no idea the Finland haven’t seen real growth for so long. The problem is bigger than I thought…
I don’t really care how Finnish economy does anymore. We have still all the basics in extremely good condition what comes chances for economic growth. Has nothing to do with government. It’s the companies and their chances for success.
Government can affect very little on this.
Obviously I’m concerned how we handle our elderly people and how are things when I should retire. I’m probably not retiring in Finland anyway so I have to admit that’s one of the reasons I stopped stressing about the whole thing.
I read a lot of books about economics and especially macroeconomics which also gives me confidence that things are not as bad as it sometimes seems.
The other things I can’t change a thing anyway. No matter how concerned I would be.
I’m more concerned for my kids ever going to get decent job when AI takes over. Do I have a job till I retire before AI is going to replace me.
But I can’t affect that either. Well, I can much more than I can affect whatever is going to happen to Finland.