The economic history of the Republic of Finland
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- Latter half of the 1990s in Finland:
Accelerated globalisation of the economy
- Trade Union News from Finland, 14 June
2000. Last year multinationals based in Finland employed
more than 200,000 people in other countries. This is about
the same number of employees as the subsidiaries of foreign
multinationals have in Finland and three times more than
just five years ago.
- Grey economy causes annual tax revenue losses
of EUR 2.5 billion
- By Erkki Laukkanen, Trade Union News, 19
January 2003. State Auditors' report on State finances
in 2001 includes an estimate that about EUR 5 billion
circulates annually in the grey economy in Finland. The
corresponding loss in tax revenues is approximately EUR 2.5
billion. This makes the grey economy a significant threat to
the welfare state.
- Where do the profits of Finnish corporations
- By Anna Karismo, Helsingin Sanomat, Tuesday 21
September 2004. Earnings are often spent on dividends and
foreign investments, and wage discipline has not succeeded
in creating new jobs. Wage discipline is the key in the
coming centralised income talks.