Page "History of Finland" Paragraph 23
from
Wikipedia
Since its post-WW2 economic boom in the 1970s, Finland's GDP per capita has been among the world's highest.
The expanded welfare state of Finland from 1970 and 1990 increased the public sector employees and spending and the tax burden imposed on the citizens.
In 1992, Finland simultaneously faced economic overheating and depressed Western, Russian and local markets.
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