29 Jan 2016


Positive of Things


The economic indicators does not look good in Finland,  it has been mired in recession for as long as four years, The Bank of Finland forecasts that the national economy will begin a slow recovery in 2016,  The economic growth rate of Finland is nevertheless expected fall short of the euro zone average in the years to come,  The unemployment rate will improve to 9.2 per cent in 2016 after creeping up to 9.4 per cent in 2015, according to the Bank of Finland.
Regarding to Torgeir Hoien The Norwegian macroeconomist and investment professional right now Finland is one of the weakest economy to invest in Europe.

Also the Bloomberg the news agency who specialized on economic issues has an article in same direction than Hoien.
But let`s think the "positive of things"

Finns have always been among the first to adapt new technology – whether bicycles or Computers.

Game industry is one of the fastest growing industry in Finland. One of the latest mega hits is the city-building game Cities: Skylines, a million-seller right from the start. But that’s only one of the latest games to join the growing list of successes. Despite its tiny population of 5.5 million people, Finland is one of the global forerunner in the game industry.
Technology industries are use up about half of all of Finland’s energy. The main energy-dominated technology industries are metals industry, chemical industry, and forest industry, with 80­-90% of their produce exported. Approximately 40% of Finland’s energy consumption is tied to export. Finland produces steel for 30 million people and paper and wood products for 100 million people.

Finland is engaged in becoming the digital hub of Northern Europe based on its know-how in digital healthcare, next-generation wireless networks, the industrial internet, sustainable energy and clean tech.

Although Finland is a smallish country, it has plenty of unique strengths and advantages that are boosting its digital transformation.

We should not forgot to mention about  the world-class education which is provided for all in Finland. Globally speaking, Finns are exceptionally well educated, so much so that every now and then foreign visitors come to see the Finnish education system in action. Well-educated people are a mighty talent pool – you can’t always be sure what they’ll come up with, but you always know that, whatever it is, it will be interesting. And as nobody else speaks Finnish, we’ve all had to learn English.

Finland was a forerunner in rolling out 3G networks and still has a strong communications infrastructure. We also have some surprising infrastructure advantages, such as a stable rock foundation and cool weather – ideal when establishing data centers.
In general, Finland is a country where things work. Some even consider us the most functional country in the world.

Maybe it’s the harsh weather conditions in wintertime, but the Finns have always appreciated anything that helps them to get things done more efficiently. Here, people, businesses and society as a whole generally view technology as a possibility, not a threat.

Let´s keep the flag up and concentrate on our strengths which we have a lot..

http://toolbox.finland.fi/presentations/finland-as-the-leader-of-digitalisation/
 
http://uusisuomi.fi/aiheet/suomen-talous

1 comment:

  1. The points you raised here are excellent and definitely the kind of things that we should keep in mind and promote. Although education and innovations are facing tough times because of the funding cuts made by the government, I'm sure we will again find the most efficient way of using the resources we have and reach new heights in both education and innovations. I know that there's some solid research going on about 5G already, so I'm sure the innovations keep on emerging nevertheless.

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