To The Finland Station And Back Again
Edward Hugh (July 14th, 2009) Writes:
by Edward Hugh: Barcelonabr /br /This post accompanies my recent piece on Sweden. I have been scratching my head and trying to see what could be learnt from making a comparison between Finland and Sweden. Some of the differences are obvious - one is in the euro, and the other isn't, once can adjust monetary policy and currency values, and the other can't. Others are less so. Finland's goods trade surplus has been declining steadily since joining EMU while Sweden's has remained relatively constant. And Swedish males live on average three years longer than their Finnish counterparts. So what is important here, and why? And if convergence theory has anything positive to be said for it, shouldn't we be able to observe so sort of convergence going on here.br /br /br /First, and just to remind ourselves, here is the chart from Claus Vistesen which shows what the relation ...
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bank bailouts, bank credit fundamentals, bank support package, board products, Canon PowerShot S400 / IXUS 400 Digital Camera;, chemical industry new orders, Claus Vistesen, Commission of European Communities;, Corporate Finance, Credit rating agency, Danske Bank, Economics, education systems, Edward Hugh, Estonia, EUR, European Union, finance ministry forecast, Finland, Finnish government;, Finnish Parliament, Finnish Statistics Office, Finnvera, Food Prices, Germany, global economy matters, Gross Domestic Product, Helsinki, HICP;, HTML, http, International Monetary Fund, Japan, Jorgen Elmeskov, Market Commentary, metal industry, model, monthly gross domestic product, Moody's, Oecd, partial financing, Pohjola Bank, Prime Minister, producer, retail, retail trade sales, Romain Duval, Samsung 400PX 40 in. HDTV-Ready LCD TV;, specialised state-owned finance, Statistics Finland building, Sweden, The Macro Trader, Vanhanen
bank bailouts, bank credit fundamentals, bank support package, board products, Canon PowerShot S400 / IXUS 400 Digital Camera;, chemical industry new orders, Claus Vistesen, Commission of European Communities;, Corporate Finance, Credit rating agency, Danske Bank, Economics, education systems, Edward Hugh, Estonia, EUR, European Union, finance ministry forecast, Finland, Finnish government;, Finnish Parliament, Finnish Statistics Office, Finnvera, Food Prices, Germany, global economy matters, Gross Domestic Product, Helsinki, HICP;, HTML, http, International Monetary Fund, Japan, Jorgen Elmeskov, Market Commentary, metal industry, model, monthly gross domestic product, Moody's, Oecd, partial financing, Pohjola Bank, Prime Minister, producer, retail, retail trade sales, Romain Duval, Samsung 400PX 40 in. HDTV-Ready LCD TV;, specialised state-owned finance, Statistics Finland building, Sweden, The Macro Trader, Vanhanen


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