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227/08 Social challanges s the basis for foresight - Gaia

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Milj. euroa<br />

9 000<br />

8 000<br />

7 000<br />

6 000<br />

5 000<br />

4 000<br />

3 000<br />

2 000<br />

1 000<br />

0<br />

8 549<br />

2 941<br />

taxation and <strong>the</strong> kind of support policy it can be<br />

easily predicted that <strong>the</strong> developed EU countries<br />

and especially Finland will all be losers in this<br />

game. There is, however, still an export growth in<br />

<strong>the</strong> industrial sectors where good design, high<br />

quality and technological ingenuity remain as <strong>the</strong><br />

competitive edge. By investing in research, development<br />

and in <strong>the</strong> innovation process Finland<br />

may partly avoid stagnation destined <strong>for</strong> <strong>the</strong><br />

2 418<br />

3 158<br />

2 059<br />

2002 2003 2004 2005 2006<br />

Figure 4.9. The net investments in Finland. Source: The Bank of Finland<br />

Amount<br />

180<br />

160<br />

140<br />

120<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

162<br />

Fast Growing Companies in Finland<br />

89<br />

92<br />

2000 2001 2002 2003 2004<br />

Figure 4.10. Growth companies in Finland. Source: Sorvisto+ Balance Consulting &<br />

Kauppalehti, 2005<br />

85<br />

economy. Un<strong>for</strong>tunately, this has still not been realized<br />

by <strong>the</strong> government and it will take <strong>the</strong> hard<br />

lessons of a severe economical crisis be<strong>for</strong>e<br />

something will really begin to happen to strike at<br />

<strong>the</strong> root causes of <strong>the</strong> problem.<br />

It seems that Finland must take care of <strong>the</strong> aging<br />

population with significantly smaller resources<br />

than has been previously assumed. However,<br />

44<br />

39

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