Translation of 'Soft-wars' by Teppo Saari (Finnish): Pääoma valtana -viitekehys, jonka on kehittänyt Jonathan Nitzan ja Shimshon Bichler, esittää että liiketoiminnan tavoite ei ole ‘liikevoiton maksimointi’ vaan differentiaalinen yhteiskunnallisen vallan akkumulointi. Tätä...

International literature suggests that productivity growth of the global frontier firms – those in the best five percent – has diverged from the others during the 2000s. We study this issue using Finnish firm-level data. We find that the productivity of the Finnish frontier firms does not...

Corporate investment is crucial for productivity growth. When economic growth is sluggish and productivity growth weak, the government is likely to compensate the shortage of tax revenues with debt. The aim of this research is to study the connection between public indebtedness and productivity...

Toimiva kilpailu on talous- ja tuottavuuskasvun perusedellytys. Markkinoiden toimivuudesta huolehtiminen on myös suomalaisen elinkeinopolitiikan prioriteeteissa nostettu korkealle. Tästä huolimatta kilpailusta ja sen voimakkuudesta tiedetään todellisuudessa vähän. Tässä selvityksessä...

Tuskin mihinkään muuhun teknologian kehittämiseen on sijoitettu maailmanlaajuisesti niin lyhyessä ajassa yhtä paljon julkisia varoja kuin nanoteknologiaan. Nanoteknologialla tarkoitetaan yleensä toiminnallisesti uudentyyppisiin materiaaleihin ja nanomittakaavan (1‐100nm) rakenteisiin...

Corporate investment is crucial for productivity growth. When economic growth is sluggish and productivity growth weak, the government is likely to compensate the shortage of tax revenues with debt. The aim of this research is to study the connection between public indebtedness and productivity...

Euro Area member states have agreed to introduce a structural budget balance target to their national legislation (Treaty on Stability, Coordination and Governance). However, there exists no commonly agreed methodology to calculate this macroeconomic indicator. This report presents the...

In the report we analyse the reasons for the weakness of Finland’s economic performance over the past decade and assess the growth prospects in the coming 5 years. The weakness of Finland’s performance relative to comparative EU-countries since 2009 can largely be explained by the collapse...

In this paper, we describe key problems of the current EU's fiscal framework and offer constructive alternatives to reforming it. A comprehensive reassessment of the rules is necessary, as the development of the rules has reached an impasse for both political and technical reasons. In our view,...