Topic

Economy

Commentary

Governments can steer with wellbeing at the core (but nobody said it was easy)

Governments keep promising change and then hitting the same walls with the old machinery. Reorienting governance around human wellbeing is both urgent and possible, and the work continues even when the political climate turns.

Economic policy is no longer enough

Economic policy cannot be a replacement for good governance. In this part of human history, it is understanding what is at stake — profoundly human wishes for a dignified and meaningful life — that will have to shape all policy, including economic policy.

Doomed to grow or ready to transform?

Economic growth used to be a cause that had effects, and the desired and expected effects were a matter of political and public debate until the 1990s recession. The meanings and expectations towards growth changed over time, and the idea of economic growth evolved within the debates and the very varied perspectives to growth. Our report “Doomed to Grow” calls for acknowledging growth’s historical recent origins and past pluralism in how economic growth has been discussed.

Imaginaries on Sustainability Transformation – Report outlines three positive futures

Imagining futures where society has successfully undergone a sustainability transformation helps us envision a world in which today’s major negative trends have been brought under control. But what kind of positive futures have been proposed in recent years? At the request of the Finnish Expert Panel for Sustainable Development, Demos Helsinki conducted a literature review and drafted three preliminary visions of such futures.

Innovating urban development: Lessons from M4EG & moving beyond growth

Two key lessons from our work in the Mayors for Economic Growth project, in collaboration with UNDP Europe and Central Asia: 1) Innovation needs to occur at multiple levels and 2) If we’re to be effective, we must remain humble.

What’s going on with GDP? Rethinking economic success

For decades, GDP has stood unchallenged as the primary measure of economic success. As calls to move beyond GDP grow, two approaches have risen to prominence: supplementing it with broader measures, or abandoning it altogether to redefine economic success. What is the best path forward in the debate on GDP?

Publications

Sufficiency in Everything — Understanding and living within the limits of “enough”

Finland, like all countries of the Global North, is currently dependent on economic growth. Yet future growth may be very limited and uncertain – and decoupling it from increasing environmental harm will not be easy. Could the principle of sufficiency help us navigate towards better futures?

A framework for democratic AI governance

This policy brief focuses on short-term action (2026-2028) around AI governance and provides practical guidelines for experts and policymakers. It introduces a framework that embeds democratic pillars — participation, freedom, equality, transparency, knowledge, and the rule of law — directly into the entire AI lifecycle.

Towards an inclusive sufficiency narrative

In this Editorial, we tackle perhaps the most urgent issue of our time – the need to orient lives more towards sufficiency. Achieving such a transformation also requires a parallel paradigm shift in science. In this Editorial, we have two guest authors, Teemu Koskimäki and Aleksi Neuvonen, who are members of the SISU Consortium doing research on sufficiency transition in Finland.

Projects

Navigating impactful R&I policy and technology neutrality

As technological breakthroughs can play a critical role in addressing societal challenges, research & innovation (R&I) policy needs to shift the focus from merely appreciating the inherent value of technology development to exploring how they can be harnessed for achieving key societal goals. This project aims to produce a knowledge base to ensure Finland’s R&I policy is strategically impactful while remaining supportive of emerging technologies.

Safeguarding Finland’s future: The interplay of circular economy and comprehensive security

In a world marked by interconnectedness, Finland recognises the importance of comprehensive security in ensuring the wellbeing of its society. As Finland sets its sights on a carbon-neutral circular economy by 2035, it becomes crucial to explore the security implications of this transition. This project aims to shed light on…

Impact of climate change on public finance

Demos Helsinki, ETLA and SYKE are collaborating to study the impact of climate change on public finances on a national and regional level in Finland and to build a framework that improves public finance assessment.   The public sector plays a key role in tackling climate change as a regulator,…

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