In this paper we present data collected by the banking supervision authorities on banks’ nonperforming assets and loan losses with a view to establishing a consistent database for analysing the condition of Finnish banks and firms. Over the past couple of years
The study demonstrates that the decline in the labour share in Finland can not be explained by the Cobb-Douglas production function. Instead, we propose an approach based on the constant-elasticity-of-substitution (CES) production function with labour- and capital-augmenting technical progress. The model is
China, the most populous country in the world, has had high economic growth during the past two decades. While economic reforms in China have received a great deal of attention, researchers have paid far less attention to the effects of population policies.
This paper deals with the economic development of Tanzania and especially with the development of the smallholders. My aim is to study whether the Structural Adjustment Programmes have helped to facilitate growth in the agricultural and export-sector and if the reforms implemented
This thesis begins by making two observations. First, that the regional economic landscapes in which we all live our daily lives, and which provide the basis for employment and prosperity, are constantly changing. Second, that one of the most popular strategies currently
The purpose of this paper is to examine whether foreign direct investment, FDI, has any impact on economic growth in Mexico. In order to find a possible connection I use a multiple regression analysis with GDP per capita as dependent variable. Furthermore,
This research studies empirically whether there is a role of education in economic growth of Chile during the period 1973-2005. This is done through the adoption of time-series analysis and co-integration techniques. Based on economic theory and empirical findings, potential implications for
This thesis consists of four papers: two of them deal with the effects on the forest sector of an increase in the demand for forest fuels, and two of them concern the relation between economic growth and pollution. Paper [I] is a
In recent years, policymakers, especially in the developing countries, have come to the conclusion that foreign direct investment (FDI) is needed to boost the growth in their economy. It is claimed that FDI can create employment, increase technological development in the host
Prior to China’s open-door policy, China was considered among one of the worlds’ most isolated economies. However, that changed when they allowed the market force to go before central planning, and decided on an outward orientation for their development strategy. This was