FINAL PROJECT

CINTHIA RODRÍGUEZ COVARRUBIAS

ID: 2702554
07/05/2020
HTTPS://WWW.BUSINESSFINLAND.FI/EN/DO-BUSINESS-WITH-FINLAND/INV
EST-IN-FINLAND/WHY-INVEST-IN-FINLAND/BUSINESS-ENVIRONMENT

HTTPS://WWW.PRIVACYSHIELD.GOV/ARTICLE?ID=FINLAND-TRADE-AGREE
MENTS

HTTPS://WWW.TRADE.GOV/KNOWLEDGE-PRODUCT/FINLAND-TRADE-AGRE
EMENTS
BUSINESS ENVIRONMENTS

Finland is the only Finland is an R&D

Nordic country with hotspot and a testing
Finland is a member in
Euro and has a low ground for companies
European Union.
corporate tax rate, looking for business
only 20 %. transformation.

They can access the

same benefits and
International grants of as Finnish
companies are warmly companies.
welcomed to Finland: • Finns themselves are highly
internationally oriented. 
• FINLAND HAS STRONG CREDIT RANKINGS:

F
           
• FINLAND'S LONG HISTORY OF TRADE IN NORTHERN
EUROPE, COMBINED WITH ITS HISTORICAL AND
CULTURAL TIES TO NEIGHBORING COUNTRIES, OFFERS
VALUABLE INSIGHTS AND KNOWLEDGE INTO THE
REGION.
• WORLD ECONOMIC FORUM'S THE EUROPE 2020
COMPETITIVENESS INDEX PLACES FINLAND AS THE
MOST COMPETITIVE COUNTRY IN EUROPE.
 Finland has been a member of the
World Trade Organization (WTO)
since its foundation in 1995. 

TRADE free trade agreements have had

positive impacts within the EU, but
AGREEMENT their direct impact on Finland has
remained below the EU average.
S
In Finland their impacts are felt
especially through the different
value chains.
Post‐war immigration has produced new
ethnic and cultural diversity in European
societies. 

The roots of Finnish people lead to many

directions.

They are descendants of several population CULTURAL

groups that migrated here after the Ice Age.
DIVERSITY
There were 364,787 people with a foreign
background living in Finland in 2016.

Of these, 306,840 were born abroad and

57,974 in Finland. 
POLITICAL CLIMATE

• FINLAND'S GDP PER CAPITA IS

AMONG THE HIGHEST IN THE
WORLD, ALLOWING THE COUNTRY
TO OFFER A HIGH LIVING
STANDARD. 
• THE UNEMPLOYMENT RATE WAS
ESTIMATED AT 6.7% IN 2019 (FROM
7.4% THE PREVIOUS YEAR). 
• FINLAND IS THE EUROPEAN
COUNTRY MOST IMPACTED BY AN
AGEING POPULATION AND A FALL
OF ITS LABOUR FORCE, A
PHENOMENON THAT WEIGHS
HEAVILY ON ITS PUBLIC FINANCES.
This course seemed very useful to me,
the information provided is very helpful,
since it helps us expand our vision in
business, it asks us the constant question
about how to manage to take our
business to an international level? and it
gives us the tools to be able to achieve a
preparation where we can achieve it.

I was able to apply several of the topics

seen this semester in the process of
internationalizing the family business,
and they were very helpful.
CONCLUSIONS

I am pleased to say that I was able to

conquer some of my objectives set in this
course, and I will continue to develop
some of them beyond what I have set out.