Research, forecasting and policy assessment

ETLA Economic Research (Etla) is engaged in applied economic research with emphasis on questions central to the Finnish economy and business sector: how economic policy can promote competition between firms and increase market functionality in Finland as well as promote competitiveness on the world market?, what are the driving forces’ (megatrend’s) effects on the business sector and on the preconditions of economic policies?

Etla also monitors economic development, compiles forecasts as well as assesses and comments actively economic policy.

Etla is a private non-profit organisation. Its operations are backed by the supporting member organisations, whose funding covers shy of a third of the institute’s budget and forms a solid base for its operations.

Most of the remaining two thirds is obtained as project funding for various research projects. Funding has been provided by the Academy of Finland, Business Finland, several government departments, various foundations, The Nordic Council of Ministers and the European Commission. The grant for advancement of science allocated by the Ministry of Education and Culture covers roughly 5 per cent of the budget.

Etla’s personnel comprise over 40 employees, three quarters of whom are trained economists. A majority of the institute’s research staff have completed a doctorate degree. Etla collaborates extensively with other domestic and foreign research institutes and universities, also with researchers that have other than economic training.

The results of research activities are as a rule public. Findings of extensive research projects are published as books or research reports, articles aimed at academic journals in the Working Papers series and short topical reports in the Briefs series. The institute completes 10 – 15 major research projects annually. A macroeconomic forecast is drawn up twice a year.

Researchers lend their expertise to various committees and working groups set up by government departments and other instances, appear in hearings of parliamentary committees, and give presentations in scientific conferences and other events. Etla’s researchers publish articles in peer-reviewed academic journals, write non-technical pieces and columns for various media and are readily available for comments and interviews.

Etla has two subsidiaries, Etlatieto Oy, active in project research, and Taloustieto Oy, a publisher of books on economics. Etla and The Finnish Business and Policy Forum (EVA) have a joint board of directors, managing director and financial administration.

Etla’s head of communication and media relations, Tytti Sulander, can be reach by email or by phone +358 40 505 1241.

Etla’s mission: Well-functioning and well-being Finland

Finnish jobs, well-being and prosperity are based on successful companies. A competitive environment requires the strengthening of the market economy conditions through predictable economic policies, which are based on scientific research.

Etla provides useful information based on economic research on questions central to the Finnish economy and especially business sector and contributes to economic policies in Finland.

International dimension

Etla is the only Finnish member of AIECE, the Association of European Forecasting Institutes, ENEPRI, the European Network of Economic Policy Research Institutes, and EUROFRAME, the European Forecasting Research Association for the Macro-Economy.

Through the links below you can become acquainted with some of the key hubs of Etla’s international network.

Etla’s Goals

Etla produces useful information based on economics to support decision-making on important issues concerning the Finnish economy.

Etla has a current view on the state of the Finnish economy and a forecast based on this on overall economic development.

Etla assesses economic policy in a broad sense primarily in light of economic research data.

Supporting member organisations

    • Confederation of Finnish Industries (EK)
    • Confederation of Finnish Industry and Employers (TT) Foundation
    • Federation of Finnish Commerce
    • Finnish Forest Industries Federation
    • Finance Finland
    • Technology Industries of Finland