In recent years, important decisions have been taken in Finland to enhance cost-competitiveness 2/6  BIS central bankers' speeches  and improve long-term fiscal sustainability, and to adopt fiscal consolidation measures. Decisions have been taken on a competitiveness pact and pension reform and on fiscal consolidation measures.
This has called for a broad consensus on the current state of the economy among the political parties and the social partners. The Bank of Finland also later made its analyses available to decision-makers, for use as a basis of decisions. The analysis conducted in 2015 on cost competitiveness played a crucial role for the decisions taken in recent years.