OECD deputy secretary-general Mari Kiviniemi (left) and Minister of Finance Petteri Orpo (NCP) attended the launch event of the OECD’s latest economic survey of Finland in Helsinki on Wednesday, 28 February. Finnish social security is in need of a thorough overhaul, according to the Organisation for Economic Co-operation and Development (OECD). The OECD estimates in its newly published economic survey that “the combination of different working-age benefits, childcare costs and income taxation creates complexity, reduces work incentives and holds back employment” in Finland. The direction of the reform, it says, should not be steered towards basic income but rather […]
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