Download or read book Finland written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-10-23 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews economic developments in Finland during 1990–95. The paper discusses the domestic economy, public finances, money and credit, and the balance of payments. It reports on the robustness of various inflation indicators, providing background to the process of establishing a monetary policy framework under a floating exchange rate. The paper also reviews possible structural causes for high unemployment and discusses reform proposals. Macroeconomic shocks that triggered the recession are analyzed. The role of financial factors in the transmission of those shocks economy-wide is also discussed.
Download or read book Economic Prosperity Recaptured written by Seppo Honkapohja and published by MIT Press. This book was released on 2009-04-03 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries have experienced major economic changes since the mid-1980s as a result of the deregulation and liberalization of national financial systems—two key aspects of globalization—with some experiencing boom and bust in rapid succession. The small Northern European country of Finland has been hailed as a success story for achieving renewed economic growth and prosperity after a financial crisis and deep depression in the early 1990s. Economic Prosperity Recaptured offers a detailed analysis of the rapid swings in Finland's recent economic development, from initial overheating in the late 1980s through deep crisis in the early 1990s to recovery and growth since the mid-1990s. Finland's complex road to recovery offers excellent examples of both unsuccessful and successful policy responses to changing circumstances. The authors examine the three relatively distinct periods of Finland's recent experience, analyzing the adequacy of the macroeconomic policy response in each case. They assess the real economic effects of financial constraints and look for evidence of the "credit channel" of the monetary system. Finland's rapid economic growth since the mid-1990s is largely the result of its structural transformation into a high-tech economy; Nokia is the most famous example of this information and communication technology success. Elaborating on Finland's ICT revolution, the authors demonstrate that well-designed economic policies contributed to Finland's economic turnaround. CESifo Book series
Download or read book Finland written by and published by . This book was released on 1995 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards a European knowledge based economy the evolutionary case of Finland written by Susanne Taron and published by GRIN Verlag. This book was released on 2007-01-23 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2006 in the subject Politics - Topic: European Union, grade: 1,0, University of Münster (Political Science), course: European Economic Policies, language: English, abstract: Throughout the course of the 1990s, Finland underwent a tremendous economic transformation unrivaled by any other European or OECD country in the post-World War II era. In less than a decade Finland went from being perhaps one of the least knowledge-based economies to becoming the sole most embraced one, subsequently heralding it to be a model example of not only Europe’s but the world’s ‘new economy’. During the twentieth-first century, Finland has three times to date ranked number one in the World’s Economic Forum’s (WEF) Competitiveness Index, alongside achieving an astonishing close second to Sweden in the World Bank’s Knowledge Economic Index (KEI). On these grounds, Finland’s recent development towards a knowledge-based economy has indeed captured the international spotlight, and justly the attention of economic policy-makers across the world. To this day in age, knowledge has irrefutably become the driving force behind economic growth and social development, with exogenous factors particularly that of globalization playing enormous roles in the acceleration of the diffusion and the application of knowledge. Perhaps, not better put then in the trivial words of Bill Clinton “in today’s knowledge-based economy, what you earn depends on what you learn,”5such words do certainly substantiate the importance of knowledge and innovation in today’s ‘new economy’. Thus is seems, successful economies and societies will be those who can adapt to the rapid demands of globalization, where the need of countries to be more flexible, creative, innovative, and welcoming to the winds of change, have been more critical than it has ever been before. Advancement in information and communication technologies (ICTs) has often been seen as one method of achieving a more knowledge-based economy, as development in ICTs seem to provide new opportunities in product specialization, improved productivity, and sustainable growth.
Download or read book Finland as a Knowledge Economy 2 0 written by Kimmo Halme and published by World Bank Publications. This book was released on 2014-04-21 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finland is known for its consistent progress in the economy and competitiveness, as well as the egalitarian society underneath it. Yet, the challenges experienced by Finland in the beginning of the 20th century were similar to those experienced by many countries today. Finland emerged as an independent nation in the midst of international economic and political turbulence. In spite of its remoteness, relative scarcity of natural resources, smallness of the home market and recent history characterized by wars and social cleavages, Finland transformed itself from an agriculture-based economy in the 1950’s into one of the leading innovation-driven, knowledge-based economies and high-tech producers in the twenty-first century. The development was rapid, and involved determined action and sometimes drastic decisions by the government and other key actors. Today, at the end of 2013, Finland is facing new types of challenges both domestically and internationally in efforts to maintain its societal sustainability and economic competitiveness. Finland Knowledge Economy 2.0 presents some of the key policies, elements, initiatives and decisions behind Finland’s path into the Knowledge Economy of today. The authors hope to provide the readers inspiration, new ideas, and novel insights. Hopefully some of the lessons learned may prove valuable in another context. Based on this account of the development of Finnish Knowledge Economy, the authors have identified six areas of lessons, each described in detail in respective chapters. The book should not be seen as a scientific all encompassing study, but rather as a “Knowledge Economy cook-book”, with practical cases, links and insights provided for further exploration.
Download or read book The Road to Prosperity written by Jari Ojala and published by Suomalaisen Kirjallisuuden Seura. This book was released on 2006 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Finnish economy is a victory over hardship, a success story with few equivalents. During the period 1860-2000 the gross domestic product grew 21-fold, while EU nations on average achieved 11-fold growth. Today, Finland is known for its competitiveness, high educational standards, negligible corruption, expertise in creating and using high technology, and successful companies, most notably Nokia. This book tells how Finland astonishingly evolved from an internationally insignificant agrarian economy to the affluent, knowledge-based, welfare society that it is now. The Road to Prosperity: An Economic History of Finland offers an overview of several centuries of economic progress -- with a keen eye on negative effects of growth. The articles in this beautifully illustrated work contain long-term analyses of business, foreign trade, agriculture, and employment. In addition, there is coverage of the development of banking, the public sector, income distribution, the advance of the information society, and welfare. And the Finnish story is woven seamlessly into the tapestry of international economics. The contributors are prominent scholars of Finnish economic history and economics; the foreword being a product of distinguished American economic historian Joel Mokyr, winner of the Heineken Prize for History 2006.
Download or read book Finland written by Burkhard Drees and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Economic Surveys Finland 1992 written by OECD and published by OECD Publishing. This book was released on 1992-01-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 1992 survey of the Finnish economy examines recent economic developments, policies and prospects. The special chapter takes a look at the impact of ageing on the pension system.
Download or read book Economic Developments in Finland 1962 written by United States. Bureau of International Commerce and published by . This book was released on 1963 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oecd Economic Surveys written by Oecd and published by OCDE. This book was released on 2014-02 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2014 Economic Survey of Finland examines recent economic developments, policies and prospects. Special chapters look at ageing and local public finances. Strong growth, innovation and structural reforms in the decade preceding the global economic and financial crisis transformed Finland into one of the world's most competitive economies, ensuring a high level of well-being for its citizens. More recently, however, competitiveness has deteriorated and output has fallen, as electronics and forestry collapsed. The latest settlement between social partners for modest wage increases over the next two years will help. More broadly, economic revival requires building on impressive human capital, strong institutions and sound macroeconomic and financial management to strengthen growth and increase integration in global value chains.
Download or read book OECD Economic Surveys Finland 1998 written by OECD and published by OECD Publishing. This book was released on 1998-08-03 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1998 edition of OECD's periodic review of Finland's economy examines recent economic developments, policies and prospects. It includes special features on structural policies and health care reform.
Download or read book OECD Economic Surveys Finland 2012 written by OECD and published by OECD Publishing. This book was released on 2012-02-07 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2012 Economic Survey of Finland examines recent economic developments, policies and prospects; examines what could be done to restart economic growth and includes a more detailed analysis of health care in Finland.
Download or read book Memorandum on Current Economic Developments in Finland written by World Bank and published by . This book was released on 1972 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Economic Surveys Finland 1999 written by OECD and published by OECD Publishing. This book was released on 1999-08-04 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1999 edition of OECD's periodic review of Finland's economy examines recent economic developments, policies and prospects. It includes special features on structural reform and environmentally sustainable growth.
Download or read book OECD Economic Surveys Finland 2012 written by OECD and published by OECD Publishing. This book was released on 2012-02-13 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2012 Economic Survey of Finland examines recent economic developments, policies and prospects; examines what could be done to restart economic growth and includes a more detailed analysis of health care in Finland.
Download or read book OECD Economic Surveys Finland 1997 written by OECD and published by OECD Publishing. This book was released on 1997-08-14 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1997 edition of OECD's periodic review of Finland's economy examines recent economic developments, policies and prospects. It includes a special feature on pension reform.
Download or read book National Budget for Finland written by Finland. Kansantalousosasto and published by . This book was released on 1990 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
