Fucking hell yeah!
Did you even read it or understand it?
Right on the contents page there is a section devoted to “proposed privatization of certain segments of the public sector”.
The introduction brings up globalization leading to job relocation. Evil!
Their economy is more capitalist than the US according to economic freedom ratings.
Limited State intervention in the market:
"While the Nordic success story could be partly explained by
factors belonging to the first and notably the second category,
we would for the purpose of this report like to focus on the final
category, i.e. growth-enhancing economic policies. For more than
a century the Nordics have been free-trading nations with a low
level of protection in commodity trade (excluding agricultural
products), leading to continuous structural change and a high
degree of specialization in areas of comparative advantage. The
Nordics have even longer been relatively open to migration, not
least immigration of specialists and entrepreneurs with specific
technical or commercial skills. A more recent development is that
free enterprise on the whole prevails and that state intervention
in the business sector is limited. "
Talent leaving the country is brought up:
“With higher mobility of labour it becomes increasingly possible
to benefit from the entitlements without sharing the cost (paying
the taxes). There are many examples. Graduates from domestic taxfinanced
universities increasingly make their careers (and pay their
taxes) abroad. Citizens who have spent most of their working lives
(and paid their taxes) abroad, return to their home country after
retirement to collect the benefits of free (or cheap) hospital care
and care for the elderly. Unemployment rates and the frequency of
disability pensions tend to be higher for certain immigrant groups
than for domestic citizens. With increasing claims on entitlements
due to “social tourism” and eroding tax bases due to factor mobility
and tax competition between nations, the long-run sustainability
of the Nordic model could be in serious jeopardy”
Problem they are now facing with increasing immigration(The US has had a fucking big problem with this for decades):
“Unemployment rates and the frequency of
disability pensions tend to be higher for certain immigrant groups
than for domestic citizens.”
Sustainability in the long run:
“In the absence of corrective measures
Finland’s general government budget surplus will – according to
calculations made in the Ministry of Finance – turn into a growing
deficit (and public debt could amount to 120 per cent of GDP
by 2050).”
"The projection (which is no forecast) brings home the
message that public finances are unsustainable in the long run
when assessed in the light of current spending programmes and tax
rates. "
On higher taxes:
“Higher tax wedges would
lead to further substitution away from taxed activities (like work
in the regular sector) to untaxed activities (like leisure, household
production and work in the “informal” sector). They can also
have detrimental effects on entrepreneurship, saving and capital
accumulation(OMG Marx just rolled in his grave!) – and thereby on economic growth.”
This is just from the first few pages, comrade. I may read the rest later.