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Finland and India: Unlikely Twins?

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Finland–India Business Opportunities
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Abstract

This introductory chapter introduces the two countries, Finland and India, to the reader to familiarise the context in which business opportunities and challenges are prospected in the rest of the book. There is a discussion on the differences in endowments, societal trajectories, economic systems, industrial structures and needs and what Finland and India can provide each other. The logic of policies and value creation in both countries are discussed. The political actors are introduced, and the dimensions to be explored more deeply in later chapters are identified institutionally together with an overview of bilateral collaboration and the enormous scope for building more connections.

The inevitable never happens. It’s the unexpected always.

John Maynard Keynes

Dream, Dream, Dream

Dreams transform into thoughts

And thoughts result in action.

APJ Abdul Kalam

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Notes

  1. 1.

    For the same reasons, the High Level Trade Group (HLTG) mandated by the India-EU summit in New Delhi on 7.9.2005 to launch negotiations for a comprehensive trade and investment agreement that could presumably also cover GATS services has not produced anything implementable, to date, and remains an empty show of appearances that someday something will be worked out.

  2. 2.

    http://mofapp.nic.in:8080/economicsurvey/pdf/001-027_Chapter_01_Economic_Survey_2017-18.pdf.

  3. 3.

    http://mofapp.nic.in:8080/economicsurvey/pdf/080-098_Chapter_06_Economic_Survey_2017-18.pdf.

  4. 4.

    The FDI inflows to India from Mauritius and Singapore contain inflows from many other countries that are routed through these two countries for fiscal advantages and ease of control.

  5. 5.

    http://mofapp.nic.in:8080/economicsurvey/pdf/120-150_Chapter_08_Economic_Survey_2017-18.pdf.

  6. 6.

    Disguised unemployment in the form of further higher education, rotational short-term half-yearly jobs to continue drawing average earnings from wage-earner funds for another two years and an unusually high medical invalidation rate among those above 50 in age to draw early pensions are disturbing signs in a welfare state that provides free education and health care.

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Correspondence to Ajeet N. Mathur .

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Mathur, A.N. (2019). Finland and India: Unlikely Twins?. In: Finland–India Business Opportunities. Springer, Singapore. https://doi.org/10.1007/978-981-10-8019-7_1

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