The Finnish Centre for New Economic Analysis (UTAK), a new policy think tank launched with EMPN support and based in Helsinki, focusing on macroeconomics, industrial policy, and welfare state development.
Since starting its daily operations in September 2023, UTAK has quickly established itself as an influential progressive think tank in Finland. It has initiated national debates on the EU’s fiscal rules, labour market reforms, and austerity. UTAK has provided numerous expert statements for parliamentary committees, and it has become a fixture in Finnish economic policy debates.
Mechelininkatu 3d
00100 Helsinki
Finland
Managing Director The Finnish Centre for New Economic Analysis (UTAK)
Helsinki, Finland
Leading Expert The Finnish Centre for New Economic Analysis (UTAK)
Helsinki, Finland
Industrial policy should target complex economic activities.
Finland’s gross debt to GDP ratio is close to EU average. Yet if one looks at net debt, Finland’s fiscal situation looks considerably better.
Can Finland meet its debt rule without stalling the economy that has to service the debt?
How can fiscal rules reward policies that strengthen growth and resilience instead of penalising them?
What if Finland’s plan to cut debt ends up increasing it?
Finland’s shift from restraint to pragmatism mirrors Europe’s challenge: how to support industry without fuelling subsidy races.
By weakening unions, limiting strikes, and cutting benefits, Finland’s government departs from the Nordic model.