Björn Wahlroos Urges Finland to Revive its Economy: Understanding the Flight of Resources

Björn Wahlroos is concerned about the trend of capital, investments and capitalists leaving Finland. He believes that the lack of economic growth in Finland for the past 16 years is a major issue that needs to be addressed. According to Wahlroos, without economic growth, the deficit in the national economy cannot be closed, even if cuts are made. He believes that the departure of resources, both people and capital, from Finland is a key reason for the lack of growth.

Wahlroos points to the collapse of Nokia as a contributing factor to the lack of growth, as well as the exodus of resources from the country. He emphasizes the importance of understanding why people and capital are leaving Finland, stating that it is not just about individuals seeking better opportunities but also about investments and capitalists moving elsewhere.

Wahlroos highlights the need for competitive operating conditions in Finland in terms of taxation, strikes competitiveness and wage levels in order to attract investments. He believes that unless Finland becomes more competitive,