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Finland became an economic basket-case in 1990; it then implemented reforms that have today helped to make it on some assessments the world's most competitive economy

Finland was prior to 1990 one of the few countries that traded with both the east bloc and the west bloc. Their barter trade with the Soviet union was very profitable. That market almost completedly disappeared in 1991.

Finland has since with great help from the dotcom-boom (Nokia...) overcome most of that crisis, invested a lot in integration with the EU (only Nordic country with euro) but is still plagued by lower employment rates then the other Nordic countries.

Can the Economist say anything about a small country just because few people will know enough to challenge them on it?

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Sat Apr 15th, 2006 at 06:41:55 PM EST

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