Research Institute Of The Finnish Economy
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Research Institute Of The Finnish Economy
The Research Institute of the Finnish Economy ( fi, Elinkeinoelämän tutkimuslaitos, sv, Näringslivets forskningsinstitut), commonly known by its Finnish acronym ETLA, is a prominent Finnish think tank for economic, policy and social studies. ETLA was established in 1946, and is based in Helsinki. ETLA has published approximately 250 books and 600 other research publications. Its quarterly economic trends and forecasts analysis of the Finnish economy named ''"The Finnish Economy and Society"'' is the most reputed such publication in Finland. ETLA is a non-profit organisation funded by members such as the Confederation of Finnish Industries, as well as by Academy of Finland, Nordic Council of Ministers and the European Commission, among others. As of 2019, the managing director of ETLA is Dr Aki Kangasharju, who previously held the position of Chief Economist at Nordea Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northe ...
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Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland across Estonia to the south. Finland covers an area of with a population of 5.6 million. Helsinki is the capital and largest city, forming a larger metropolitan area with the neighbouring cities of Espoo, Kauniainen, and Vantaa. The vast majority of the population are ethnic Finns. Finnish, alongside Swedish, are the official languages. Swedish is the native language of 5.2% of the population. Finland's climate varies from humid continental in the south to the boreal in the north. The land cover is primarily a boreal forest biome, with more than 180,000 recorded lakes. Finland was first inhabited around 9000 BC after the Last Glacial Period. The Stone Age introduced several differ ...
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Think Tank
A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental organizations, but some are semi-autonomous agencies within government or are associated with particular political parties, businesses or the military. Think-tank funding often includes a combination of donations from very wealthy people and those not so wealthy, with many also accepting government grants. Think tanks publish articles and studies, and even draft legislation on particular matters of policy or society. This information is then used by governments, businesses, media organizations, social movements or other interest groups. Think tanks range from those associated with highly academic or scholarly activities to those that are overtly ideological and pushing for particular policies, with a wide range among them in terms of th ...
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Helsinki
Helsinki ( or ; ; sv, Helsingfors, ) is the Capital city, capital, primate city, primate, and List of cities and towns in Finland, most populous city of Finland. Located on the shore of the Gulf of Finland, it is the seat of the region of Uusimaa in southern Finland, and has a population of . The Helsinki urban area, city's urban area has a population of , making it by far the List of urban areas in Finland by population, most populous urban area in Finland as well as the country's most important center for politics, education, finance, culture, and research; while Tampere in the Pirkanmaa region, located to the north from Helsinki, is the second largest urban area in Finland. Helsinki is located north of Tallinn, Estonia, east of Stockholm, Sweden, and west of Saint Petersburg, Russia. It has History of Helsinki, close historical ties with these three cities. Together with the cities of Espoo, Vantaa, and Kauniainen (and surrounding commuter towns, including the eastern ...
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Confederation Of Finnish Industries
The Confederation of Finnish Industries (EK, fi, Elinkeinoelämän Keskusliitto, sv, Finlands Näringsliv) is the largest employers' association in Finland. It was formed at the beginning of 2005 when the two employers' associations ''Palvelutyönantajat'' (Employers of the Service Sector) and ''Teollisuuden ja Työnantajain Keskusliitto'' (Union of Industries and Employers) merged. EK's member companies collectively contribute over 70% of Finland's GDP, and over 95% of Finland's exports. It has considerable negotiating power, since Finland has universal validity of collective labour agreements, and often a national income policy agreement is reached. EK focuses its activity on the following goals: * A business environment which stimulates growth and success for companies * Securing the competitiveness of Finnish work * Ways to benefit from the opportunities offered by globalisation * Economic policies promoting competitiveness * Efficient member services The organisation consist ...
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Academy Of Finland
The Academy of Finland ( fi, Suomen Akatemia, sv, Finlands Akademi) is a governmental funding body for scientific research in Finland. It is based in Helsinki. Yearly, the Academy administers over 260 million euros to Finnish research activities. Over 5000 researchers are working on projects supported by the academy. The Academy functions as a funding body only and is not a school. However, personnel funded by the Academy can use the title referring to it, e.g. professors will be called ''akatemiaprofessori''. Academy Professor funding has a term of 5 years. The Academy of Finland should not be confused with the Finnish arts and science school learned societies, The Finnish Academy of Science and Letters (''Suomalainen tiedeakatemia'') and The Finnish Society of Science and Letters (''Finska Vetenskaps-Societeten'') which are the two Finnish national honorary academies, for Finnish and Swedish-speaking scientists and scholars, respectively. For engineers, the two language-based h ...
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Nordic Council Of Ministers
The Nordic Council of Ministers is an intergovernmental forum established after the Helsinki Treaty. The purpose of the Nordic Council of Ministers is to complement the Nordic Council and promote Nordic cooperation. Structure The governments of the Nordic countries each have a Minister for Nordic Cooperation. This responsibility often goes to the Minister of Foreign Affairs or another ministerial post that the Nordic country has a special desire for cooperation. These Ministers for Nordic Cooperation delegate meetings for other Ministers to discuss avenues for cooperation in the minister's respective fields, thus the Ministers for Cooperation set up Ministerial Councils. Hence the name, Council of Ministers. Cooperation with other International Organizations The Council and the Council of Ministers are involved in various forms of cooperation with neighbouring areas, amongst them being the Baltic Assembly and the Benelux, as well as Russia and Schleswig-Holstein. The ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Nordea
Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Baltic operations in 2019. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US. Nordea serves 9.3 million private and 530,000 active corporate customers, including 2,650 large corporates and institutions. Nordea's credit portfolio is distributed across Finland (21%), Denmark (26%), Norway (21%), and Sweden (30%). There are four Business Areas (BAs) at Nordea, Personal Banking, Business Banking ...
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Economy Of Finland
The economy of Finland is a highly industrialised, mixed economy with a per capita output similar to that of western European economies such as France, Germany and the United Kingdom. The largest sector of Finland's economy is services at 72.7 percent, followed by manufacturing and refining at 31.4 percent. Primary production is 2.9 percent With respect to foreign trade, the key economic sector is manufacturing. The largest industries are electronics (21.6 percent - very old data), machinery, vehicles and other engineered metal products (21.1 percent), forest industry (13.1 percent), and chemicals (10.9 percent). Finland has timber and several mineral and freshwater resources. Forestry, paper factories, and the agricultural sector (on which taxpayers spend around 2 billion euro annually) are politically sensitive to rural residents. The Greater Helsinki area generates around a third of GDP. In a 2004 OECD comparison, high-technology manufacturing in Finland ranked second largest ...
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Think Tanks Based In Finland
In their most common sense, the terms thought and thinking refer to conscious cognitive processes that can happen independently of sensory stimulation. Their most paradigmatic forms are judging, reasoning, concept formation, problem solving, and deliberation. But other mental processes, like considering an idea, memory, or imagination, are also often included. These processes can happen internally independent of the sensory organs, unlike perception. But when understood in the widest sense, any mental event may be understood as a form of thinking, including perception and unconscious mental processes. In a slightly different sense, the term ''thought'' refers not to the mental processes themselves but to mental states or systems of ideas brought about by these processes. Various theories of thinking have been proposed, some of which aim to capture the characteristic features of thought. ''Platonists'' hold that thinking consists in discerning and inspecting Platonic forms and th ...
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