Balancing east and west: Evidence from Finland’s regional GDPs, 1880–2010

Research output: Chapter in Book/Report/Conference proceedingBook chapterResearch

Abstract

During the last two centuries, Finland has undergone a dramatic transformation: from one of Europe’s poorer and more peripheral countries, to a fast-growing high-tech economy. Finland has proven successful in reaping the benefits of openness to trade by moving up the value-added ladder. The country went from being a supplier in furs and tar in the pre-industrial era, to industrializing by exporting sawn goods, pulp and paper. In the post-war period, a definite transition to high-value-added exports took place, with companies such as UPM (bio-and forest industries), Kone (elevators and escalators) and Nokia (mobile telephony) reaching world recognition.
Original languageEnglish
Title of host publicationThe Economic Development of Europe's Regions
Subtitle of host publicationA Quantitative History since 1900
EditorsJoan Rosés, Nikolaus Wolf
PublisherRoutledge
Chapter3.4
Pages103-128
Edition1
ISBN (Electronic)9780429449789
Publication statusPublished - 2018 Nov 26

Subject classification (UKÄ)

  • Economic History

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