Search results for "policy ideas"
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The power of the economic outlook : an ideational explanation of the distinct pattern of Finnish wage setting within the Nordic context
2022
Industrial relations scholars are paying increasing attention to the role of ideas in explaining shifts in bargaining systems and wage policies. This article contributes to this growing body of literature by conducting a meso-level analysis of the uses and impacts of ideas in wage regulation policy processes in coordinated market economies. Through our in-depth case study of the Finnish policy process leading to the Competitiveness Pact of 2016, we argue that certain ideas – which we call the ‘economic outlook’ – prescribed and legitimized exhausting institutional resources in wage regulation and enabled temporary consensus among divergent interests regarding wage policy. The economic outlo…
From innovation to labour costs : Change of emphasis in Finnish competitiveness policy ideas after the Eurocrisis
2018
Small open economies such as Finland are particularly exposed to international market competition. In this article, Finland is analysed as a competition state where the pursuit of international advantages is a policy priority. Previously, Finland has been argued to be an exemplar of an economy following a strategy of radical transformation via creatively utilizing corporatist institutions instead of relying mainly on liberal reforms. In the 1990s, Finnish policymakers adopted policy ideas that emphasize technological change, innovation and education as a means to competitive edges and pursued these goals in a coordinated manner. This allowed Finland to adopt an export-led growth model and s…