Press releases

Euro safe assets and debt restructuring in focus as elements of euro reform


Safe assets created by pooling sovereign debts of different risk characteristics are one of the ideas put forward in the discussion about reforming the euro zone. Another proposition is making debt restructuring credible. These ideas, as well many other proposals, were discussed in “Seminar on Safe Assets, Sovereign Debt and Financial Stability” on Monday 22.1.2018.

Etla’s Juri Mattila joins European Commission’s expert workgroup

Etla researcher Juri Mattila has been invited to the European Commission’s expert working group examining the disruptive effects of blockchain technology on industries. The project’s second workshop will be held in Brussels in mid-November.

ETLA forecast: Finland’s GDP will grow by 2.9 per cent in 2017

FINNISH ECONOMY 2017/2  Finland’s economic environment is favourable: economic growth in the euro area and China has strengthened and growth in the US continues at a moderate pace. The greatest risks are related to financial markets, international politics and trade liberalization. Finland’s GDP will grow by 2.9 per cent in 2017. Growth will be 2.0 […]

ETLA forecast: Finland’s recession is over

 ETLA SUHDANNE 2017/1  The global economy is on the upswing. Economic growth in the euro area and the US will continue at a moderate pace and China’s growth will slow down in a controlled manner. The main risks are associated with the political decisions of the United States and the euro area.  Finland’s GDP will […]

The proximity of manufacturing increases the rate of R&D efficiencies

The centralised operations model keeps most of the product’s added value in Finland. Usually, the price is the decisive factor when it comes to standard products. According to a recent research, companies should always manufacture technologically demanding products close to the product development. On the other hand, the more standardised the production is, the further […]

Why locate manufacturing in a high-cost country? A case study of 35 production location decisions

In this paper, we examine in detail 35 final assembly location decisions to gain understanding of the manufacturing location decision from strategy and economic policy perspectives. We are particularly interested in the decision to locate final assembly specifically in a high-cost (high GDP per capita) environment. In contrast with the earlier literature, we focus not […]