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Find Investors To Balance The Economic Conditions
Sweden, Norway, Denmark, Finland, and Iceland have seen about $288 billion in deals since the financial meltdown began in 2007, according to data from their compilation. All of the Nordic countries boast triple-A credit ratings and the region overall is projected to expand by 2.1 percent this year. That puts the region, with a population of about 26 million, well ahead of countries such as Spain, which has about 47 million people, and Italy, with about 61 million. “Where can I find investors” was scorching every mind. People pulled and pushed harder the way they could to gallop over these conditions.
Scandinavia has seen no protests, unlike in the UK, where some workers have been demanding British jobs for British people. Nor have there been street demonstrations or incidents of "bossnapping" like those in France, where laid-off employees kidnapped their superiors in protest.
Instead, there has been a quiet confirmation among most people here that their way of doing things beats the ...
... low-tax, low-welfare system pushed by the US and, increasingly, the UK. In a survey in July, Danes cited their welfare system as their society's proudest achievement.
"In these days, we see that a strong welfare state, together with free education and healthcare, has acted as a buffer that stabilizes the economy," says Kristin Halverson, Norway's finance minister. This was a solution for the commoners to their question that how can I find investors?
The size of the public sector has been helpful, too. While in Britain one in five workers is employed in the public sector, the proportion is much higher in Scandinavia. In Norway, for instance, it is about one in three, and they have money in their pockets.
"All the people working in the public sector have secure jobs and they had a huge pay increase in 2008," says Espen R Moen, a professor of economics at the Norwegian School of Management. "They have never had as much money as now. This keeps demand up."
Ketels points out that Denmark, Sweden and Norway had very sound public finances to start with. "They all had budget surpluses when the crisis happened because they had balanced their accounts," he says. This is how do I find investors to balance the economic conditions during the crisis.
Norway shines especially brightly: unlike Britain, it is saving its North Sea oil and gas revenues into a sovereign wealth fund, now worth 2.384 trillion kroner (£228bn), or 1.4 times its GDP. Only 4% of the fund goes into the national budget, the rest is saved for future generations. So when Norway needed to find money to stimulate the economy, it was able to find it without having to cut public budgets or increase taxes, as Britain is set to do.
"When companies face difficulties and lay off staff, the government gives them money to live on and helps them find another job. This is focused to keep the economy on at an even level through difficult times," Mr Juel says.
Strengthening social networks could be difficult medicine for some western economies to swallow. But it should be remembered that many of the social safeguards existing in non-Scandinavian economies were put in place as a direct response to financial crises in the last century. Success has driven interest rates to record lows as Denmark and Sweden pay less than Germany to borrow NORDIC TAXES, the world’s highest and most rigorously enforced, were frequently maligned in the boom years as being anti-business. Big business angels too never ever dared to step up from any investment company. But we are proud that these big angels were not from our company.
About the Author :-
The article is written by private-equity-scandinavia.com which is the best online website to overcome economical crisis through meeting entrepreneurs and Investors. For more information log on http://www.private-equity-scandinavia.com/.
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