29 August, 2007

The effects of globalisation in my country

Finland is a free market-economy and therefore it is open to globalisation. For starters, many huge companies have invested in Finland. An advantage is that they bring more competition which leads to reduced consumer prices. It’s quite common that the sub offices are run by Finnish managers.

The second point is that Finland itself has produced several big companies, later developed into global businesses. To name a few of the biggest ones, there are Nokia, Stora Enso, UPM-Kymmene, last two are paper manufacturers, and KONE, which is an elevator manufacturer.

In the 1990s Finnish businesses started translating and using the titles inside the company in English to ease globalisation. My personal touch with globalisation was working at McDonald’s for one year at the beginning of the Millennium :)

3 comments:

Rosana said...

Hi hi ~ Jaakko,
After I saw your blog, I realised that we have the same situation in our countries. I think globalisation also bring the chances of job for people as well such as you have worked in McDonald before. Taiwan also has many different brands and companies which are from the other countries. Sometimes, I quite like to see globalisation working in many places which include small villages, because our global is just like a big family if everyone could communicate with each other and share different culture, it will be great. However, everyone should has the same realisation to protect our environment and social problems and then globalisation can go in the positive way.

Candy said...

Hi Jaakko

I think the economy in your country have developed very fast by the affect of globalisation, and people must have a much better life.

Do you think that human development can't without globalisation?

Jcere said...

Thanks Rosana and Candy for ur comments! I want to reply them but not yet.. not too many thoughts moving in my head just now ;)