Usual disclaimer applies.
Author welcomes feedback and gratefully acknowledges discussions with several persons, foremost Mr. Veijo Kauppinen. Introduction Finnish government has made efforts to reduce and retarget industrial subsidies during the last few years. Policies need, however, more targeting and the impacts of the programmes have to be evaluated. MTI strives to improve the quality of policy making and pursues to coordinate different subsidy programmes. A new bill covering all industrial subsidy programmes in all ministries passed the parliament Summer 1997 and will be enforced January 1, 1998.