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Economic Prosperity Recaptured – The Finnish Path from Crisis to Rapid Growth - MIT Press Scholarship Online
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Economic Prosperity Recaptured: The Finnish Path from Crisis to Rapid Growth

Seppo Honkapohja, Erkki A. Koskela, Willi Leibfritz, and Roope Uusitalo


Many countries have experienced major economic changes since the mid-1980s as a result of the deregulation and liberalization of national financial systems—two key aspects of globalization—with some experiencing boom and bust in rapid succession. The small Northern European country of Finland has been hailed as a success story for achieving renewed economic growth and prosperity after a financial crisis and deep depression in the early 1990s. This book offers a detailed analysis of the rapid swings in Finland’s recent economic development, from initial overheating in the late 1980s, through de ... More

Keywords: economic changes, deregulation, liberalization, national financial systems, globalization, boom and bust, Finland, economic growth, financial crisis, economic development

Bibliographic Information

Print publication date: 2009 Print ISBN-13: 9780262012690
Published to MIT Press Scholarship Online: August 2013 DOI:10.7551/mitpress/9780262012690.001.0001


Affiliations are at time of print publication.

Seppo Honkapohja, author

Erkki A. Koskela, author

Willi Leibfritz, author