According to Professor Sir Partha Dasgupta, we need to make fundamental changes to how we think, act and measure success. Dasgupta spoke on Wednesday at a conference organised by the Economic Council around the theme of ecologically sustainable economic policy in the 2020s. The discussions were based on the Dasgupta Review, which has attracted wide international attention and emphasises the economic significance of biodiversity. The conference explored what Finland needs to do to implement the objectives of the report.

On 1 June, the Economic Council chaired by Prime Minister Sanna Marin will organise a conference on the theme of ecologically sustainable economic policy in the 2020s. The keynote speaker at the event will be Professor Sir Partha Dasgupta, whose report emphasising the economic importance of biodiversity has attracted wide international attention.

Internationalisation of value chains in the production of goods and services has significantly affected the structure of Finland’s foreign trade as well as conditions for export-led growth. The ability of exports to generate economic growth in Finland has weakened. At the same time, Finland has become more dependent on, among other things, the economic development of China. These are the findings of a study Finland in global value chains, prepared by the Research Institute of the Finnish Economy and the Secretariat of the Economic Council, which was published on 30 November.