The Social Democrats, he added, "have turned the Finnish economy around" by stabilizing interest rates and the labor market.

By the 1980s, a strong Finnish economy had brought an end to large-scale migration to Sweden.

Along the way, it has also helped transform the Finnish economy.

Only now, after a three-year downturn that could justifiably be called a depression, is the Finnish economy showing signs of life.

"Nokia is still a very significant part of the Finnish economy," he said.

Led many trade delegations for Finland in the 1970s and 1980s when Finnish economy was soaring.

The Finnish economy suffered from a lack of labour, food shortages, and increased prices.

The paper industry in particular, on which much of the Finnish economy was reliant, also experienced worldwide overproduction during this time.

The Finnish economy began to gradually recover beginning in the middle of the 1990s.

By the late 1930s, the export-oriented Finnish economy was growing and the nation had almost solved its problems with extreme political movements.