Economic Review (Kansallis) articles from September 1993

Economic Review (Kansallis) archives from September 1993

Expensive bill for unemployment. (Finland's economy) (Editorial) (Editorial)
September 22, 1993... Editorial The Finnish economy had been divided into a relatively burgeoning export industry and a domestic sector wrestling with ever increasing difficulties. Tough measures connected with an adjustment of the overall economy have nevertheless...

The banking crisis in the Nordic countries.
September 22, 1993... The banking crises in all Nordic countries have one feature in common: they developed in largely similar economic conditions and can ultimately be traced back to excessive credit expansion and resultant imbalances. In retrospect, the series of...

Economic outlook for Finland.
September 22, 1993... Solid ground under one's feet The current year has so far produced a disappointment for those who have waited for a turn for the better at least when the measure is employment or total output. The dual nature of the economy has become more...

The Finnish economy.
September 22, 1993... I Foreign trade and the balance of payments Exports to the Far East growing In the first half of the current year, the value of visible exports grew by 23% and the volume by nearly 15%. Exports have increased faster the expected, even though...

Finnish financial markets.
September 22, 1993... I Central bank policy, interest rates and the value of the markka Short-term rates show further downswing Interest rates have fallen rapidly in the course of the current year. Thus, the three-month Helibor rate as well as the yield of the...

International economic developments. (includes related articles)
September 22, 1993... I Foreign exchange and financial markets The strength of the dollar was not sufficient to save the European Monetary System in the summer, and the exchange rate fluctuation limits of the currencies in the Exchange Rate Mechanism(1)) were...