Image by Kristaps Grundsteins


Delegation Members

Elina Lepomäki

Politician & Chairwoman Libera

Olli Rehn

Governor Bank of Finland

Jan Vapaavuori

Mayor of Helsinki, Former Minister of Economic Affairs

Bengt Holmström

Nobel Laureate & Prof. of Economics at MIT

Pekka Vauramo

CEO Metso &

Former CEO Finnair

Jussi Herlin

Vice Chair Kone

Ilkka Kivimäki

Former Chairman Slush & Partner

Miika Huttunen

CEO Slush

Anne Berner

Board Member

SEB Group

Risto Siilasmaa

Chairman Nokia

Laura Raitio

Chairwoman Raute Oyj and Helsingin Diakonissalaitos & Board Member Hellti, Solidium Oy and Boardman Oy

Mika Ihamuotila

Chairman and principal owner Marimekko & Chairman Rovio

Andreas Saari

Former CEO Slush

Image by Element5 Digital

Field of Excellence


In 1968, the Finnish parliament introduced legislation to reform the education system. This included free comprehensive schools for children between seven and sixteen, which was controlled by local municipalities and teachers. The motive behind the idea was that every child would have a very good public school education. Finland spends 30 percent less on primary education per child than many larger countries because money is better spent on learning than administration or fancy classrooms with the newest technology.

Generally, students in Finland start school at the age of seven, which is one year later than other developed countries, as children are stimulated to live their childhood to the fullest. In school, there are hardly any tests that define their progress and the teachers are also not evaluated. By 2006, Finland was first out of 57 countries in science and mathematics and second in reading.


The key tenets of the Finnish education system consist of:

1. Equal opportunity for all

2. Common journey

3. Fun not fear

4. Whatever it takes

5. Maximize the pupil’s potential

6. Integrated

7. In teachers, we trust


With these, Finland upgraded its human capital to one of the best international performers in a short period of time. This shows that in a knowledge-driven economy, knowledge improves competitiveness. Of course the Finnish wonder is to a certain extent due to its culture, but nevertheless offers, for those who are open, many common sense lessons.


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© 2020 by S8nations 

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