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structurally similar small open economies that have opted for different monetary policy regimes (Finland and Sweden), we may …
Persistent link: https://www.econbiz.de/10012037640
We assess Finland’s competitiveness in the light of various, mainly short-term indicators. It turns out that the weak … export market performance over the last few years is linked to the deterioration of profitability of production in Finland. A … profitability. Wage moderation is necessary for this to happen. On the other hand, the determinants of Finland’s long …
Persistent link: https://www.econbiz.de/10012037629
countries with a special emphasis on Finland. While fiscal and monetary policies have definitely impacted on macroeconomic … important in explaining the differences. In particular, the weakness of growth in Finland can best be explained by a series of … exceptional negative shocks in combination with a too weak capacity of the economy to improve its cost competitiveness in the …
Persistent link: https://www.econbiz.de/10012037669
The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in … competitiveness seems to have fallen off the EU map. This Agenda had its flaws, but it rightly sought to make Europe "the most … European Commission is the first without a strategy to strengthen competitiveness at the EU level since the early 1990s …
Persistent link: https://www.econbiz.de/10014560176
Deutschland liegt bei den Arbeitskosten für die Privatwirtschaft mit 29 Euro pro Arbeitsstunde weiterhin im Mittelfeld … der EU-Staaten - an siebter Stelle. Auch 2009 sind die Arbeitskosten in der Bundesrepublik mit einem Plus von 2 … deutschen Arbeitskosten in der Frühphase der Wirtschaftskrise, verursacht durch Arbeitszeitverkürzung und Kurzarbeit, hat sich …
Persistent link: https://www.econbiz.de/10010460634
In this paper we analyse to what extent the Nordic economies are vulnerable to external shocks. Specifically, we assess the conventional wisdom that the Nordic countries are small open economies that are significantly engaged in international trade, specialised in only few specific industries...
Persistent link: https://www.econbiz.de/10012037641
global impetus for growth. Finland is looking for new growth opportunities and competitive edge in the industrial internet … Centre of Finland, Aalto University and ETLA, the Research Institute of the Finnish Economy. The Finnish industrial internet … economics, clarifying its social and economic impacts both within Finland and globally, while focusing on Finnish manufacturing …
Persistent link: https://www.econbiz.de/10012037662
In the report we analyse the reasons for the weakness of Finland’s economic performance over the past decade and assess … the growth prospects in the coming 5 years. The weakness of Finland’s performance relative to comparative EU …-countries since 2009 can largely be explained by the collapse of Nokia’s production and the deterioration of cost competitiveness. The …
Persistent link: https://www.econbiz.de/10012037707
competitiveness at the macroeconomic and sectoral levels, in particular in the manufacturing industry. These features are described … competitiveness. First of all, labour productivity, particularly in manufacturing, grew at an outstanding rate, mainly due to FDI … attributed to improved competitiveness. The pronounced increase in manufacturing output, productivity and exports was based on …
Persistent link: https://www.econbiz.de/10012100024
. Subsequently, the report examines the development of unit labor costs and the relationship between price competitiveness, export …. In dieser aktuellen Auswertung wird die Entwicklung der Arbeitskosten in der Privatwirtschaft, im privaten und im … Arbeitskosten in Deutschland im Jahr 2014 etwas stärker als im europäischen Durchschnitt. In den Krisenländern stagnierten die …
Persistent link: https://www.econbiz.de/10011564986