The world should consider adopting the Nordic approach to capitalism and learn from the region’s response to its financial and economic crisis in the 1990s in the attempt to stave off recession, according to the chairman of two of Europe’s biggest companies. (3/22/09 Financial Times, Richard Milne) … Read Article
1. Identify the two characteristics of the Nordic model of capitalism according to Richard Milne.
2. Discuss the actions taken by Nordic politicians in the 1990s to address their financial and economic crisis.
The Nordic Model of capitalism could be a good strategy to resolving the economic issues circulating the nations. Globalisation is risky for many industrial companies but is effective according to Mr. Ollila.
1. The characteristics of the Nordic model of capitalism according to Richard Milne include:openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. In the 1990′s econimic crisis Nordic politicians showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. Some companies actually did very well and overcomed their bad situaltions and succeed.
Identify the two characteristics of the Nordic model of capitalism according to Richard Milne. its to look back to 1900′s to re-power a solution to solve the economic crisis, and to have more in mind that policymarkets could follow same path to over come.
Discuss the actions taken by Nordic politicians in the 1990s to address their financial and economic crisis. of over the attempt off recession, according to the chairman of two of Europe’s biggest companies. they feed on biggest companies.
1. Two characteristics according to Richard Milne are openness to globalization balanced by strong government programs to protect people from its excesses and an egalitarian education system.
2. They were highly competitive and did not resort to protectionism.
1. The Nordic model of capitalism had an openess to globalisation balanced by strong government programms to protect people from its excesses and included an egalitarian education system.
2. Some of the actions taken by Nordic politicians in the 1990′s was to completly reconstruct big business to increase competition. The politicians showed wisdom and did not resort to protectionism while making risky decisions. And finally, to solve the global crisis, we must not look at ourselves as one but look at the world as a whole.
1. They are openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. I agree with the way Nordic politicians in the 1990s address their financial and economic crisis. They showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. They concerned on the world as a whole and showed the social solidarity throughout the world. I do think our government needs to be courage and act with wisdom.
1. openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. they looked at the situation as a whole and worked more and produced something that would catch the customers attention.
1) Nordic style of capitalism was characterized by openness to globalization balanced by strong government programmers, and an egalitarian education system.
2) The Nordic politicians in the 1990s showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. From this many companies restructured themselves and became strong.
1) The two characteristics of Nordic model of capitalism according to Richard Milne are, “openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.”
2)The Nordic politicians in the 90′s in order to adress their economic and financial crisis, “…showed a lot of wisdom and did not resort to protectionism while taking risky decisions.”
1. two characteristics openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2.they restructured themselves to be very competitive with the others and they didn’t look at how good they were.
1.The Nordic style of capitalism is characterised by openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2.This system in the 1990′s showed alot of wisdom and did not resort to protectionism while taking risky decisions.Companies restructed heavily and made themselves highly competitive.
i think that Nordic does have some good ideas, however i think that it would be really hard to convince everyone to want to become capitalist.
1. They are openness to globalized equal and rigid government for protection of people.
2. They demonstrated wise decisions and left behind risky consequences. Most big companies reamade themselves entirely and more competetive.
1)Two characteristics includes mobile phone maker and oil major Royal Dutch Shell.
2) Companies began to get more competitive diring the 1990′s.
1). Two characteristics are: Openness to globalisation balanced by strong goverment programes to protect people from its excesses and an egalitarian education system.
2). They showed a lot of wisdom and did not resort to protectionism while taking risky decisions.
1. According to the author Richard Milne, the two characteristics of the Nordic model of capitalism are “openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.”
2. In the 1990s, the Nordic politicians addressed their financial and economic crisis by not resorting to protectionism while taking risky decisions. They reconstructed themselves and became more competitive, opening themselves up to globalisation while also creating strong government programs to protect its people from its excesses and elalitarian education system.
1. The Nordic model of capitalism has offered help worldwide by having a balance government to protect people from its lavishness and to an equal education system.
2. The Nordic politicians showed a lot of comprehension and did not change the theory of protection for domestic industries against foreign competition.
1. A characteristic is that there will be openess to globalism and
1. A characteristic is that there will be openess to globalisation by strong government. Another is to keep good politicians to stop goiing into a greater depression.
2. The actions taken were that the politicians just showed plenty of wisdom.
1)the Nordic style of capitalism was characterized by openness to globalization balanced by strong government programs to protect people from its excesses and an egalitarian education system.
2)Nordic politicians in the 1990s showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. Also, do not look at one country individually, look at the world as a whole.
i dont think it is a bad thing its up to you to decide
1. There are two characteristics of the Nordic model were identified by Richard Milne. It was characterised by openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. I think those characteristics of Nordic were used in 1990′s to address their financial and economic crisis. Accordingly to the article, politicians showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. That what makes the NOrdic system the best system accordingly to the busines leaders.
1) The Nordic model of capitalism is characterized by its openness to globalization, but it is balanced by its strong government programs that help to protect people from its excesses and an equal education system.
2) They did not resort to protectionism and many of their companies restructured and made themselves more competitive.
1.
2.the atcion taken was to try to stave off recession
Having strong government programs to protect the people and also being open to global trade.
In the 90′s the banks rebuilded and were also helped by the government, and avoided protectionism.
Being open to globalization and also having government programs to protect the people, an
egalitarian education system.
The banks reorganized, and the banks did not use any protectionism.
1. The Bordic model have good bid and are full of wisdom.
2. Instead of resorting to protectionism, the Nordic approach made risky actions and competed vigorously with the opposers which then caused them to become an even greater system.
1)The 2 Characteristics of the model are, an openness to globalization balanced by strong government programs to protect people from excessive,and egalitarian education system.
2) These politician showed a lot of wisdom, and did not resort to protectionism while taking risky decisions. Companies like Nokia, restructured heavily and made themselves highly competitive.
1) According tp Richard Milne the two characteristics are openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system, and also to not resort to protectionism while taking risky decisions.
2)In the 1990′s Nordic politicians showed a lot of wisdom and made companies such as nokia to restructure heavily and make themselves competitive.
1. Characteristics of the The Nordic model are that it did well, and it had a good bid.
2. In the 1990s actions that wee taken to address their financial and economic crisis were to show a lot of wisdom and to no restort protectionism while risky decisions were taken. Also, companies like NOKIA restructed heavily and made themselves highly competitive.
1. There was an openness to globalisation, and there were strong govt. programmes to protect the people.
2. They were able to show their wisdom. They did not resort to protectionism. Companies made themselves competitive.
1. Two Characteristics of capitalism was by openness to globalization and balanced by strong government programs to protect people from its excessive spending when they didn’t need to for their business.
2. That “a lot of wisdom” will not resort to protectionism while they take risky decisions to restructure there themselves and to market them as highly competitive to other companies.
1. Two characteristics of the Nordic model of capitalism according to Richard Milne are its openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. The actions taken by Nordic politicians in the 1990s to address their financial and economic crisis does not help much
so what is the nordic model?
is it globalization, something we already have
1.TWO CHARACTERISTIC OF THE NORDIC MODEL OF CAPIATLISM ARE OPENINESS TO GLOBALISATION BLANCED BY STRONG GOVERNMENTAL PROGRAMS TO PROTECT THE PEOPLE FROM ITS EXCESSES AND AN EGALITARISN EDUCATION SYSTEM.
2. THE POLITICANS SHOWED A LOT OF WISDOM AND DID NOT RESORT TO PROTECTIONISM WHILE TAKING RISKY DECISIONS. COMPANIES RESTRUCTURED HEAVILY AND MADE THEMSELVES HIGHLY COMPETIVE.
1. The two characteristics of the Nordic model of capitalism according to Richard Milne are characterised by openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. The actions taken by Nordic politicians in the 1990s to address their financial and economic crisis was wise even though hey took risky decisions.
i think that we have nothing to loose by trying the Nordic model. We have nothing to loose.
1. The two characteristics are an openness to globalization and strong government programs.
2. The actions they made were not to resort to protectionism while they were making risky decisions.
1. The two characteristics are openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. A lot of wisdom was the action taken by Nordic politicians in the 1990s to address their financial and economic crisis.
openness to globalization balanced by strong government programs to protect people from its excesses and an egalitarian education system.
he showed a lot of wisdom and made a lot of risky decision to put the company at the top.
1)openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2)i think it could be helpful for some parts, but has some risks.
1. The two characteristics of the Nordic model of capitalism according to Richard Milne are: openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. They did not resort to protectionism while taking risky decisions. They restructed heavily and made themselves highly competitive.
1)The two characteristics of the Nordic model is to,”You don’t look at how good you are yourself but you look at the world as a whole”.
2)It made the company more competitive.
1. The Nordic style capitalism was characterized by opennes to globalization balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2. The Nordic politicians showed a lot of wisdom and did not resort to protectionism while taking risky decisions. Companies, including Nokia, restructured heavily and made themselves highly competitive.
1)The Nordic style of capitalism is characterized by the, “openness to globalization balanced by strong government programs to protect people from its excesses and an egalitarian educational system.”
2) In the 1990′s the Nordic politicians, “showed ‘a lot of wisdom’ and did not resort to protectionism while taking risky decisions. They restructured and made themselves highly competitive.
I don’t understand how Nordic can compare to a nation, so I would have to say that the “Nordic” way of capitalism will not cure the economy.
1. The first charateristic of Nordic model capitalism is that it worked for these business men and second is that its believed to be the best system.
2. They took high risk but were succesful.
1)The two characteristics of the Nordic model of capitalism was by “openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.”
2)The actions taken by Nordic politicians was by being competitive in the world and taking protected risk.
1) The two characteristics of the Nordic model of capitalism according to Richard Milne are, the financial and economical crises/problems that they were having.
2) The actions taken by Nordic politicians in the 1990′s to address their financial and economic crisis was for companies to become very competitive in all their decision making and to don’t look at how good you are yourself but you look at the world as a whole.
1. Nordic style of capitalism was characterised by openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system. (Richard Milne)
2. He said Nordic politicians in the 1990s showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. Companies, including Nokia, restructured heavily and made themselves highly competitive, said Mr Ollila. (Richard Milne)
Some actions that were taken by Nordic politicians in the 1990′s to address their financial and economic crisis was that they showed “a lot of wisdom” and did not resort to protectionism while having to take some dangerous decisions.
1)That the nordic model can solve alot of problems, and also that it can prevent a depression
2)He said Nordic politicians in the 1990s showed a lot of wisdom and did not resort to protectionism while taking risky decisions.
1. Two characteristics of the Nordic mode are one to answer is globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2.To address their financial and economic crisis in the 1990S Nordic politicians did not resort to protectionism while taking risky decisions.
According to Richard Milne, the two characteristic of the Nordic model of capitalism is the openness to globalization balanced by well-built government programmers to protect people from its excesses and an egalitarian education system.
One of the actions made by Nordic politicians in the 1990′s was to restructure heavily and made themselves highly competitive
1. Globilisation which was balanced by strong government programmes protecting people from its excesses and an egalitarian education system, and took risky decisions.
2. Risky decisions were taken.
1) Nordic approach to capitalism and learn from the region’s response to its financial and economic crisis.
2) 1990s in the attempt to stave off recession, according to the chairman of two of Europe’s biggest companies.
1. the two characteristics are characterized by openness to globalization balanced by strong government programs to protect people from its excesses and an egalitarian education system.
2.They were simple the Nordic politicians in the 1990s showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. This helped them out a lot in not being brought down by the lack of financial crisis.
1.Nordic model of capitalism’s character is a chairman of Finnish mobile phone maker; according to Richard Milne, is a economic developer.
2. Nordic politicians in the 1990s showed “a lot of wisdom” that is addressed their financial and crisis the ecnonmic which it “did not resort to protectionism while taking risky decisions.”
1) you look at the world as a whole and people don’t resort to protectionism while making risky decisions.
2) Companies restructured and made themselves highly competitive.
1.Nordic style of capitalism is characterised by openness to globalisation balanced by strong government programmes to protect people from its excesses and the egalitarian education system.
2.Nordic politicians in the 1990s showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. Companies, including Nokia, restructured heavily and made themselves highly competitive.
1
Openness to globalization balanced by strong government programs and egalitarian education systems
2
Nordic politicians showed a lot of wisdom and did not resort to protectionism while taking risky decisions
a characteristic is how with capitalism one person can only truly benefit from a buisness and that is how it would be with all types of capitalism.
in 1990 they resorted to alot of wisdom they truly thought out situations and did not make risky decisions everything was planned out.
1) capitalism and the finacial and economic crisis.
2)it was to stave off recession.
1)two chareacteristics are openness to globalisation balanced by strong government programmes and egalitarian education system.
2)the politicians restrucured and made themselves highly competitve.
1)Jorma Ollila, chairman of Nokia, the mobile phone maker, and oil major Royal Dutch Shell, said the Nordic style of capitalism was characterised by openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.
2)The world should consider adopting the Nordic approach to capitalism and learn from the region’s response to its financial and economic crisis in the 1990s in the attempt to stave off recession.
1. Identify the two characteristics of the Nordic model of capitalism according to Richard Milne. is characterised by openness to globalisation balance
2. Discuss the actions taken by Nordic politicians in the 1990s to address their financial and economic crisis. they did not resort to protect themselves while taking risky decisions
1. According to Richard Milne, the two characteristics of the Nordic model of capitalism are, “an egalitarian education system” and an “openness to globalization balanced by strong government programmes to protect people from its excesses.”
2. The actions taken by Nordic politicians in the 1990′s to address their financial and economic crisis were that they showed “a lot of wisdom” and “did not resort to protectionism while taking risky decisions”. Also, they restructured heavily and made themselves very competitive.
1. Once characteristic of the Nordic model of capitalism is the openness to globalisation and another is the balance of strong government programs to protect people of excess and of an egalitatian education system.
2. Nordic politicians in the 1990s addressed drastic actions to follow their financial crisis. They followed through with protectionism.
To have capitalism was to stave off the depression and to have competition around. Also by having a strong government we can have a strong ecucation sytem. The way they beat the depression in the 1990s was by having wishdem and reducing your mistakes.
1. According to Richard Milne, the Nordic model of capitalism is characterized by openness to globalization balanced by strong government programs
2. The NOrdic politicians used their openness and programs to protect people from its excesses and an egalitarian education system.
1.OPENNESS TO GLOBALISM AND STRONG GOVERNMENT PROGRAMEES
2.THEY TOOK A LOT OF RISKS
1)The world should consider adopting the Nordic approach to capitalism and learn from the region’s response to its financial and economic crisis in the 1990s in the attempt to stave off recession, according to the chairman of two of Europe’s biggest companies
2)He said Nordic politicians in the 1990s showed “a lot of wisdom” and did not resort to protectionism while taking risky decisions. Companies, including Nokia, restructured heavily and made themselves highly competitive, said Mr Ollila.
1.) characterized by openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system according to Richard Milne.
2.)The actions taken by nordic politicians in the attempt to stave off recession, according to the chairman of two europe’s biggest companies.
1) Two characteristics of the Nordic system are the openness to globalization and an egalitarian education system.
2) They did not resort to protectionism while taking risky decisions.
1. the nordic model of capitalism is characterized by openness and balance…
2.they restructured heavily and made themselves highly competitive bynot taking risky decisions.
1)One of the biggest concerns is the potential damage to globalisation and the European Union’s internal market. Mr Ollila said Nordic countries had learnt to share the risk of globalisation with the general public and show “social solidarity” with people affected by it: “As we have now seen, it is a risky proposition opening yourself up to globalisation.”
2)the Nordic model politicians in the 1990 showed “a lot of wisdem” and Companies restructured heavily and made themselves highly competitive.
nortic might be the perfect thing to help people.. two companies that agree with this are the nokia and the shell.
1. Identify the two characteristics of the Nordic model of capitalism according to Richard Milne.
is “characterised by openness to globalisation balanced by strong government programmes to protect people from its excesses and an egalitarian education system.”
2. Discuss the actions taken by Nordic politicians in the 1990s to address their financial and economic crisis.
they had a geat outcome from it, said to be showed “a lot of wisdom”
1. The two characteristics of Nordic are capitalism “openness to globalization balanced by strong government programmes to protect people from its excesses and an egalitarian education system.”
2. They took some very risky decisions and learn to show social solidarity with the effected people. It risky but need to not only think about themselves but include the rest of the world in their lives.
1) One being openness to globalization balanced by strong government programs and second being egalitarian education system.
2) Politicians restructured and made themselves more competitive.
1. The Nordic model of capitalism is balanced by two characteristics. The first is openness to globalisation balanced by strong government programmes to protect people from its excesses. The second characteristic of the model is an egalitarian education system.
2. The reconstructed their companies and made themselves highly competitive. They did the best they could to resist protectionism.
1) the characteristics of Nordic Model are openness of globalization and a strong gov. program
2)they built thereselves up for the compition
1. According to Richard Milne the two characteristics of the Nordic model of capitalism was its openness of globalisation ans by its strong government programs to protect people.
2. The Nordic poloticians in the 1990′s tried to fix their economic crisis by making themselves highly competitive.