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2. The global transition to a circular economy: Finland needs a stronger focus on the foreign policy dimension to remain a frontrunner
- Author:
- Okko-Pekka Salmimies
- Publication Date:
- 09-2020
- Content Type:
- Working Paper
- Institution:
- Finnish Institute of International Affairs
- Abstract:
- Finland is preparing a Strategic Programme for the Circular Economy this autumn. It offers an opportunity to strengthen policy coherence between domestic policies and different aspects of foreign policy relevant when promoting a circular economy.
- Topic:
- Foreign Policy, Economics, and Domestic politics
- Political Geography:
- Europe, Finland, and Scandinavia
3. Norway's Wealth Fund Answers to Voters
- Author:
- Jarle Bergo
- Publication Date:
- 09-2008
- Content Type:
- Journal Article
- Journal:
- European Affairs
- Institution:
- The European Institute
- Abstract:
- Norway is a democracy that has a “wealth fund” thanks to hydro-carbon exports. To maintain voter support for saving and investing instead of spending the revenue now, the fund has strict and open rules about its policies. The author outlines Norway's system as an example to be studied by others – including the IMF, which is working on a code of best practices.
- Topic:
- Economics
- Political Geography:
- Norway and Scandinavia
4. The Role and Development of Technology-Intensive Suppliers in Resource-Based Economies: A Literature Review
- Author:
- Carlos Torres Fuchslocher
- Publication Date:
- 11-2007
- Content Type:
- Working Paper
- Institution:
- German Institute of Global and Area Studies
- Abstract:
- Although primary industries are important to developing countries, they have been largely unable to contribute to rapid growth. Systematically strengthening the development of local technology-intensive suppliers (t-suppliers), however, may contribute to both reinforcing the industrial base and supporting the competitiveness of primary production. Indeed, the development of t-suppliers has been common in those resource-based economies which achieved a high level of development (Scandinavia, Canada, Australia). This paper explores the role of t-suppliers in natural resource-based economies. It outlines a theoretical framework for the analysis of the factors which foster or constrain their development and defines areas for an effective promotion of t-suppliers. The proposed model of analysis distinguishes between factors influencing the development of t-suppliers on the level of the main industry (MI), the level of supplier firms or firm-level and the level of external determinants with special reference to industrial policy factors.
- Topic:
- Development, Economics, Emerging Markets, and Third World
- Political Geography:
- Canada, Australia, and Scandinavia
5. Why has Swedish Inflation been Persistently Low?
- Author:
- Felix Hufner
- Publication Date:
- 06-2007
- Content Type:
- Working Paper
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Average inflation in Sweden has been one of the lowest among European countries since the mid- 1990s. Three supply-side factors help to explain this phenomenon, all related in some sense to increased global integration. First, a shift towards imports from low-cost producing countries has resulted in falling import prices. Second, deregulation and increased product market competition with foreign companies entering the market has led to price falls in some sectors, notably in retailing. Third, wage growth has lagged productivity and kept unit labour costs down. This paper reviews these factors and analyzes the policy options for the central bank.
- Topic:
- Economics, Labor Issues, Monetary Policy, and Inflation
- Political Geography:
- Europe, Sweden, and Scandinavia