Finland has gotten itself into. Tharman as quoted in this article by Jeremy Au Yong was particularly pertinent to avoiding Finland's situation.
World leaders are not known for long term thinking if short term solutions are available. It is a temptation which our government has often discovered to be irresistible. Upping productivity which we are doing now is very painful work. It is simply not given the effort it demand until the leaders are at risk of losing elections.
We were so angry with the government that for a while we put aside the dictum, "grow or perish". We need to return to normal sometimes and respect fast growth again but not at the expense of digging into and weakening our bones. Sometimes we have to sacrifice some muscles which Nokia failed to do. All the time we are trimming fat which is by the natural laws is always growing somewhere.
By 2020, we will only grow by productivity will be proven false as we near 2020. We need to remake our advantages and most important we need good foresight, which is better than history in helping us see the present clearly.