"On the 90th anniversary of her independence Finland has the world's fastest ageing population. The Baby Boomers are retiring, and the lengthened life expectancy will increase the size of the elderly population in the coming years. The effects from the population development that has gone on for decades are now becoming visible: because the fertility rate has already stayed below the reproduction rate for a generation, more people are exiting working age than entering it. The diminished supply of labour will inadvertently lead to labour shortage. As matters stand, the shortage of labour can only be solved by attracting labour from abroad. Otherwise the inescapable consequences will be reduced labour force and declining economy. There will not be enough tax payers to sustain the rapidly rising number of pensioners. The growth in the number of elderly people not only means risen pension expenditure but also increased need for health care and other se…