Econchange : State’s changing role in regard to the economy in turbulent times
Harjuniemi, Timo; Jousilahti, Julia; Nuutinen, Johannes; Hynes, William; Lammersen, Frans; Kirman, Alan; Saarinen, Taru; Leppänen, Juha; Ahokas, Jussi; Järvensivu, Paavo (2023-04-26)
Harjuniemi, Timo
Jousilahti, Julia
Nuutinen, Johannes
Hynes, William
Lammersen, Frans
Kirman, Alan
Saarinen, Taru
Leppänen, Juha
Ahokas, Jussi
Järvensivu, Paavo
Valtioneuvoston kanslia
26.04.2023
Julkaisusarja:
Publications of the Government´s analysis, assessment and research activities 2023:28Julkaisun pysyvä osoite on
http://urn.fi/URN:ISBN:978-952-383-412-5Tiivistelmä
Economic systems around the world are facing pressure to change from multiple directions. The COVID-19 pandemic as well as Russia's invasion of Ukraine and its aftermath have required states' active involvement to ensure the sustainability of their economies and societies. In addition to short-term shocks, the economy is facing a number of long-term challenges:, the need to tackle climate change and rapidly transition to a fossil-free energy system, the strengthening of geopolitical blocs and tensions, an ageing population and the effects of technological development on employment. These changes challenge the established premises of fiscal, trade, labour, industrial and innovation policies in Finland and call for the state to take a more active orchestration role in the economy.
This more active role in economic policy requires new capabilities from the state. The state must be able to maintain an up-to-date overall understanding of the complex and constantly changing operational environment, steer societal resources towards implementing politically-decided strategic goals, and more strongly coordinate different actors and sectors of society amidst the changing economy. Strengthening these capabilities requires adequate resources in public administration and training for civil servants.
This more active role in economic policy requires new capabilities from the state. The state must be able to maintain an up-to-date overall understanding of the complex and constantly changing operational environment, steer societal resources towards implementing politically-decided strategic goals, and more strongly coordinate different actors and sectors of society amidst the changing economy. Strengthening these capabilities requires adequate resources in public administration and training for civil servants.
Kuvaus
This publication is part of the implementation of the Government Plan for Analysis, Assessment and Research (tietokayttoon.fi). The content is the responsibility of the producers of the information and does not necessarily represent the view of the Government.