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Talouspoliittinen
epävarmuus on suurta
20.5. Lappeenranta, kevätkokous
Mauri Kotamäki
Mauri.kotamaki@chamber.fi
Twitter: @Mau_and
Sisällys
Talouspoliittine
n epävarmuus
Politiikka
Maailman-
talous
Ilmaston-
muutos
Väestörakenne Teknologia
Globaali
talouspoliittinen
epävarmuus
Talouspoliittinen epävarmuus
Lähde: http://www.policyuncertainty.com/
0
50
100
150
200
250
300
350
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Epävarmuusindeksinarvo
Euroalueen
velkakriisi Euroopan
pakolaiskriisi
Brexit-
äänestys
Trumpin
valinta
Brasilia, Ranska,
Etelä-Korea
Finanssikriisi
Talouspoliittinen epävarmuus ja
talouskasvu
0
20
40
60
80
100
120
140
160
180
200
-3
-2
-1
0
1
2
3
4
5
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Talouspolitiikan
epävarmuusindeksi
Talouskasvu,%
Talouspolitiikan epävarmuusindeksi Talouskasvu
Mistä globaali epävarmuus
koostuu juuri nyt?
Epävarmuustekijöitä
1. Yhdysvaltojen ja Kiinan välinen kauppasota
2. Euroopan omat pulmat
• Saksan autoteollisuus, Rein-joen kuivuminen, teollisuustuotannon
pudotus
• Brexit-prosessi
• Italian sekava tilanne
3. Kiinan talouskasvun hidastuminen
4. Maailmantalouden kasvuennusteet ja maailmankaupan
kasvun hidastuminen
Suomea koskettavat
epävarmuudet
Väestörakenne 1865-2070
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
1865
1869
1873
1877
1881
1885
1889
1893
1897
1901
1905
1909
1913
1917
1921
1925
1929
1933
1937
1941
1945
1949
1953
1957
1961
1965
1969
1973
1977
1981
1985
1989
1993
1997
2001
2005
2009
2013
2017
2021
2025
2029
2033
2037
2041
2045
2049
2053
2057
2061
2065
2069
Vanhushuoltosuhde Lapsihuoltosuhde
 Toteutunut aineisto Väestöennuste 
58 %
8 %
26 %
36 %
21 %
60%
Lähde: Tilastokeskus
Julkisen talouden pitkän aikavälin
kestävyys
Lähde: VM
Valtiovarainministeri
ö arvioi
kestävyysvajeen
olevan noin neljä
prosenttia
suhteessa BKT:hen.
Verotus ja työmarkkina
Photo by Alex Radelich on Unsplash Photo by Kelly Sikkema on Unsplash
Kauppakamarien ansiotuloveromalli
• Kustannus noin 2 mrd euroa
• Työllisyys +15000
• Rahoitus:
1. Kolmannes dynaamiset
vaikutukset
2. Kolmannes ansiopäivärahan
eläkekarttuma
3. Kolmannes verotuksen
painopisteen siirto kulutuksen ja
haitan verottamiseen
Yritysten toimintaedellytykset
• Osaavan työvoiman saatavuus
• Ennustettava toimintaympäristö
Photo by Behzad Ghaffarian on Unsplash
Yritysten verotus ja hallitusneuvottelut
• Osinkojen lähdevero (250-500 milj. €)
• Yrittäjä- ja metsälahjavähennys (~130 milj. €)
• Auto- ja polttoainevero
• Perintö- ja lahjaverotus
• Yritysten sukupolvenvaihdoshuojennus (141 milj. €)
• Perintö- ja lahjaveronkevennys (58 milj. €)
• Solidaarisuusveron jatko
• Pieni- ja keskituloisten ansiotuloverotus
• ALV-alarajaa nostettaisiin 30 000 euroon
• Osakesäästötili
• Keskusta: yrittäjien ja yritysten verotus ei kiristy
Positiivinen lopetus…
Isossa kuvassa asiat ovat paremmin
kuin koskaan ennen
3,741
10,65842.1
9.9
0
5
10
15
20
25
30
35
40
45
0
2,000
4,000
6,000
8,000
10,000
12,000
1960
1963
1966
1969
1972
1975
1978
1981
1984
1987
1990
1993
1996
1999
2002
2005
2008
2011
2014
2017
Absoluuttinenköyhyys,%väestöstä
BKT/capita
GDP per capita (constant 2010 US$)
Poverty headcount ratio at $1.90 a day
(2011 PPP) (% of population)
52.6
72.2
63.8
29.4
0
10
20
30
40
50
60
70
80
1960
1963
1966
1969
1972
1975
1978
1981
1984
1987
1990
1993
1996
1999
2002
2005
2008
2011
2014
2017
Elinajanodote,lapsikuolleisuus(per
tuhatta)
Life expectancy at birth, total (years)
Mortality rate, infant (per 1,000 live births)
Isossa kuvassa asiat ovat paremmin
kuin koskaan ennen
86.2
43.9
5.0
2.4
0
1
2
3
4
5
6
0
10
20
30
40
50
60
70
80
90
100
Syntyvyys
15-19-vuotiaidensyntyvyys,
per1000naista
Adolescent fertility rate (births per 1,000 women ages 15-19)
Fertility rate, total (births per woman)
Kiitos!
mauri.kotamaki@chamber.fi
Twitter: @Mau_and
Liitteet
Lähde: VM virkamiespuheenvuoro

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Talouspoliittinen epävarmuus on suurta

Editor's Notes

  1. Each national EPU index reflects the relative frequency of own-country newspaper articles that contain a trio of terms pertaining to the economy (E), policy (P) and uncertainty (U). In other words, each monthly national EPU index value is proportional to the share of own-country newspaper articles that discuss economic policy uncertainty in that month. For a detailed discussion of how we construct the country-level EPU indices, see Measuring Economic Policy Uncertainty.
  2. Australia, Brazil, Canada, Chile, China, France, Germany, Greece, India, Ireland, Italy, Japan, Mexico, the Netherlands, Russia, South Korea, Spain, Sweden, the United Kingdom, and the United States
  3. Työmarkkinoiden epävarmuus. Saadaanko työllisyyttä nostattua ja työttömyyttä painettua alaspäin? Tähän liittyy myös poliittinen epävarmuus – mitäpä, jos hallitus ei pysty päättämään työllisyystoimista, mutta käyttää kuitenkin siihen budjetoidut rahat? Ja mikä pahempaa, kestvyysvajehen on jo todellinen asia eli itse asiassa jakovaraa ei oikeastaan ole.