Kokonaistaloudellista

Kokonaistaloudellista is a Finnish adjective form used to describe the overall economic aspect of a project, policy, or action. It is derived from koko, meaning whole or total, and taloudellinen, meaning economic or financial. The form is used in the partitive case (kokonaistaloudellista) when referring to the total economic impact or viability of something within a larger context.

In practice, kokonaistaloudellista refers to assessments that consider all relevant costs and benefits over time and across stakeholders. It is commonly employed in cost-benefit analyses, public sector project appraisals, environmental impact studies, and strategic planning to gauge whether the total economic outcome is favorable.

Usage and nuance: the term emphasizes a comprehensive, lifecycle-oriented view rather than isolated or short-term financial figures. It is often contrasted with assessments that focus on partial or narrow financial metrics. The corresponding adverb is kokonaistaloudellisesti, and related concepts include kokonaistaloudellinen (the base adjective) and kustannushyötysuhde or kustannus-hyötyanalyysi (cost-benefit analysis).

Examples: “Hankkeen kokonaistaloudellista kannattavuutta arvioidaan ottaen huomioon sekä kustannukset että hyödyt koko elinkaaren ajalta.” “Kokonaistaloudellista vaikutusta tarkastellaan yhdessä sosiaalisten ja ympäristövaikutusten kanssa.” This term appears primarily in formal Finnish contexts such as economics, policy analysis, and planning rather than in everyday language.