Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020)

Causes and Solutions for the Weak Economic Recovery in Finland

Authors
Yijin Wang
Corresponding Author
Yijin Wang
Available Online 30 November 2020.
DOI
10.2991/aebmr.k.201128.043How to use a DOI?
Keywords
Macroeconomics, Finland, financial crisis, exchange rate, VAR
Abstract

Finland is experiencing a prolonged recession since the financial crisis. In particular, its export sector has been hit severely. This paper discussed the potential reasons and solutions for the sluggish recovery of Finnish economy and used empirical data to prove the ineffectiveness of exchange rate tool in restoring the export sector under the regime of EMU. The results show that the impulse on exchange rate would have minor effect on the level of exports in Finland and further prove the limited usefulness of exchange change rate tool under the regime of common currency union.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
30 November 2020
ISBN
978-94-6239-283-0
ISSN
2352-5428
DOI
10.2991/aebmr.k.201128.043How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yijin Wang
PY  - 2020
DA  - 2020/11/30
TI  - Causes and Solutions for the Weak Economic Recovery in Finland
BT  - Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020)
PB  - Atlantis Press
SP  - 206
EP  - 213
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201128.043
DO  - 10.2991/aebmr.k.201128.043
ID  - Wang2020
ER  -