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Essay

Nokia And Finland

Essay specific features

 

Issue:

Business

 

Written by:

Miguel B

 

Date added:

October 19, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 980

 

Was viewed:

9425 times

 

Rating of current essay:

 
Essay content:

Finland however slowly but constantly developed its economy up to the OECD average, following the models of its Nordic neighbors to invest highly in social welfare and public infrastructure. Also, Finland had gone though dramatic change in its macroeconomic policy starting from 1970s, featuring fixed nominal exchange rate, centralized wage bargaining, and an increasing fiscal budget though the 1980s...
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Strict financial market regulations held Finish companies incompatible in international market but by the end of 1980s the financial markets were liberalized and access to international capital markets had become easier. Finish companies also have strong ties with Finish banks, giving greater advantages in competition with other Nordic countries...
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