Index of Economic Freedom tells us that...

This year's Index of Economic Freedom (by Heritage) shows that institutions support doing business here, but there are some issues that continuously hurt Finnish economy and probably the growth-orientation among entrepreneurs (oh yes it yes dependent on other issues, too). In all, Finlad is 17th among 183 nations (just behind the UK) and about in the middle of all free economies.

IPRs are looking good, too:

But what do you know... Well, even if the relationship between labor freedom and low prevalence of high-impact entrepreneurs is not direct or simple, this figure suggests that the Finnish labor market is heavily charged by high non-salary costs of employment and burdensome labor regulations.

No comments: