ABSTRACT
One important factor which has significantly contributed to the accumulation of Finnish technological capacity, e.g., to the dynamic role of the raw-material based forest and mining sectors, is the high level of education reached at the turn of the century. The public sector has provided much of the institutions and infrastructure necessary for local technological developments. J. Raumolin states that under WIDER's work programme on 'Development and Technological Transformation of Traditional Societies: Alternative Approaches', was the process of mechanization of forestry in the 1950s and 1960s, which in the beginning leant very heavily on foreign imported technology. Expenditures for health services have in the post-war period risen faster than for any other major item in government final expenditures. Nevertheless, more significant measures to establish an explicit framework for public technology policy were not taken until the mid-1960s. Incomes policies have thus to be supported by other economic policies, e.g. the demand management and exchange rate policies.
