Welfare State, version 3.0

Photo: Mika Latvanen/Tekes
Enter the new generation: Finland is going to go in a new direction.

Central Chamber of Commerce CEO Risto E.J. Penttilä believes that Finland finds itself at a critical juncture.

He divides Finland’s economic history after the Second World War into three eras: Welfare State version 1.0 in Finland was a closed model. This was followed by the rise of Nokia and Finnish globalisation − what Penttilä calls version 2.0.

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