Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
How Finland Turned Forest Waste Into a Productivity Engine
Episode 89 of The Productivity Podcast explores Finland's surprising transformation of its forestry sector. Lucas and Luna break down how the country moved from exporting raw timber to producing high-value bioproducts like lignin-based resins and nanocellulose, boosting productivity per worker by over 60 percent in two decades. They dive into the role of public-private research consortiums, the impact of the 2008 financial crisis as a catalyst, and how Finland sidestepped the natural resource curse. Specific data points include the share of GDP from forestry-related industries and the…
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