Economic Review (Kansallis) articles from September 1990

Economic Review (Kansallis) archives from September 1990

The illusion of low interest rates. (editorial)
September 22, 1990... THE ILLUSION OF LOW INTEREST RATES Today, when interest rates are high, many people long for the days of regulation and low interest rates. However, the low rates were an illusion. Administratively regulated lending rates were low for instance...

The present state and development potential of the Finnish bond market.
September 22, 1990... THE PRESENT STATE AND DEVELOPMENT POTENTIAL OF THE FINNISH BOND MARKET A developed bond market offers opportunities of raising fixed-rate long-term financing for investments at a relatively low cost of intermediation. Bonds are therefore a...

Incomes policy in transition.
September 22, 1990... INCOMES POLICY IN TRANSITION We are now approaching the third year in the implementation of the major tax reform. According to the calculations of the Incomes Policy Review Committee, the income taxation of wage and salary earners has clearly...

Economic outlook for Finland at autumn 1990.
September 22, 1990... ECONOMIC OUTLOOK FOR FINLAND AT AUTUMN 1990 Years of growth are over A turnaround in the international economy - after a record-long period of growth - is obvious, although differences in growth rates among the different countries are large....

International foreign exchange, financial and commodity markets.
September 22, 1990... INTERNATIONAL FOREIGN EXCHANGE, FINANCIAL AND COMMODITY MARKETS The dollar's fall continues The economic outlook in the United States weakened rapidly in the second quarter of the year. Interest rate policy, which had remained unchanged...