Finland : Staff Report for the 1999 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

October 18, 1999

Electronic Access:

Free Full text (PDF file size is 2613 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 1999 Article IV Consultation highlights that Finland’s economy has made a strong recovery from the deep recession that began in the early 1990s. Spurred by a devaluation of the markka, growth was predominantly export driven, and the external current account shifted from a deficit of more than 5 percent in the early 1990s to a surplus of the same magnitude in 1997/98. In this setting, prudent macroeconomic policies brought public finances from a deficit of 7 percent of GDP in 1993 to a surplus in 1998.

Series:

Country Report No. 99/121

Subject:

Notes:

Included with the Staff Report are the text of Public Information Notice No.99/95--IMF Concludes Article IV Consultation with Finland and a Statement by Olli-Pekka Lehmussaari, Alternate Executive Director for Finland

English

Publication Date:

October 18, 1999

ISBN/ISSN:

9781451813142/1934-7685

Stock No:

1FINEA0011999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

44

Please address any questions about this title to publications@imf.org