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The Information Society and the Welfare StateThe Finnish Model$
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Manuel Castells and Pekka Himanen

Print publication date: 2002

Print ISBN-13: 9780199256990

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199256990.001.0001

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Conclusion I

Conclusion I

The Challenges for Finland

(p.151) Chapter 8 Conclusion I
The Information Society and the Welfare State

Manuel Castells

Pekka Himanen

Oxford University Press

The chapter discusses new problems that Finland encounters that have started to hinder the smooth flow of its models of development. The integration of information technology with financial markets was fast paced, but their convergences with other industries has been quite slow. Another growing problem is in the failure of the highly advanced structures in the government to implement effectively and meet their goals. The recent recessions that happened in the country has failed to provide adequate benefits for the elderly, the alcoholic, and those with mental illnesses. Migration is another threat since the country enforces strict immigration laws. Last but not the least is that the younger generations in Finland are characterized as being less inclined to entrepreneurialism which is an important factor for economic stability.

Keywords:   migration, models of development, information technology, entrepreneurialism, integration, financial markets

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