id	sid	tid	token	lemma	pos
fennia-3728	1	1	24961_03_salo.pdf	24961_03_salo.pdf	NUM
fennia-3728	1	2	geographical	geographical	ADJ
fennia-3728	1	3	impacts	impact	NOUN
fennia-3728	1	4	of	of	ADP
fennia-3728	1	5	financial	financial	ADJ
fennia-3728	1	6	integration	integration	NOUN
fennia-3728	1	7	sinikka	sinikka	PROPN
fennia-3728	1	8	salo	salo	PROPN
fennia-3728	1	9	salo	salo	PROPN
fennia-3728	1	10	,	,	PUNCT
fennia-3728	1	11	sinikka	sinikka	NOUN
fennia-3728	1	12	(	(	PUNCT
fennia-3728	1	13	2006	2006	NUM
fennia-3728	1	14	)	)	PUNCT
fennia-3728	1	15	.	.	PUNCT
fennia-3728	2	1	geographical	geographical	ADJ
fennia-3728	2	2	impacts	impact	NOUN
fennia-3728	2	3	of	of	ADP
fennia-3728	2	4	financial	financial	ADJ
fennia-3728	2	5	integration	integration	NOUN
fennia-3728	2	6	.	.	PUNCT
fennia-3728	3	1	fennia	fennia	NOUN
fennia-3728	3	2	184	184	NUM
fennia-3728	3	3	:	:	SYM
fennia-3728	3	4	1	1	NUM
fennia-3728	3	5	,	,	PUNCT
fennia-3728	3	6	pp	pp	ADJ
fennia-3728	3	7	.	.	PUNCT
fennia-3728	4	1	19–26	19–26	NOUN
fennia-3728	4	2	.	.	PUNCT
fennia-3728	5	1	helsinki	helsinki	PROPN
fennia-3728	5	2	.	.	PUNCT
fennia-3728	6	1	issn	issn	PROPN
fennia-3728	6	2	0015	0015	NUM
fennia-3728	6	3	-	-	PUNCT
fennia-3728	6	4	0010	0010	NUM
fennia-3728	6	5	.	.	PUNCT
fennia-3728	7	1	financial	financial	ADJ
fennia-3728	7	2	markets	market	NOUN
fennia-3728	7	3	are	be	AUX
fennia-3728	7	4	usually	usually	ADV
fennia-3728	7	5	seen	see	VERB
fennia-3728	7	6	as	as	ADP
fennia-3728	7	7	forerunners	forerunner	NOUN
fennia-3728	7	8	in	in	ADP
fennia-3728	7	9	globalization	globalization	NOUN
fennia-3728	7	10	,	,	PUNCT
fennia-3728	7	11	since	since	SCONJ
fennia-3728	7	12	the	the	DET
fennia-3728	7	13	immaterial	immaterial	ADJ
fennia-3728	7	14	and	and	CCONJ
fennia-3728	7	15	weightless	weightless	ADJ
fennia-3728	7	16	nature	nature	NOUN
fennia-3728	7	17	of	of	ADP
fennia-3728	7	18	finance	finance	NOUN
fennia-3728	7	19	seems	seem	VERB
fennia-3728	7	20	to	to	PART
fennia-3728	7	21	make	make	VERB
fennia-3728	7	22	geography	geography	NOUN
fennia-3728	7	23	less	less	ADV
fennia-3728	7	24	relevant	relevant	ADJ
fennia-3728	7	25	than	than	ADP
fennia-3728	7	26	in	in	ADP
fennia-3728	7	27	most	most	ADJ
fennia-3728	7	28	other	other	ADJ
fennia-3728	7	29	industries	industry	NOUN
fennia-3728	7	30	.	.	PUNCT
fennia-3728	8	1	this	this	DET
fennia-3728	8	2	picture	picture	NOUN
fennia-3728	8	3	of	of	ADP
fennia-3728	8	4	finance	finance	NOUN
fennia-3728	8	5	as	as	ADP
fennia-3728	8	6	the	the	DET
fennia-3728	8	7	most	most	ADV
fennia-3728	8	8	global	global	ADJ
fennia-3728	8	9	of	of	ADP
fennia-3728	8	10	businesses	business	NOUN
fennia-3728	8	11	,	,	PUNCT
fennia-3728	8	12	however	however	ADV
fennia-3728	8	13	,	,	PUNCT
fennia-3728	8	14	is	be	AUX
fennia-3728	8	15	only	only	ADV
fennia-3728	8	16	partly	partly	ADV
fennia-3728	8	17	true	true	ADJ
fennia-3728	8	18	.	.	PUNCT
fennia-3728	9	1	for	for	ADP
fennia-3728	9	2	some	some	DET
fennia-3728	9	3	parts	part	NOUN
fennia-3728	9	4	of	of	ADP
fennia-3728	9	5	the	the	DET
fennia-3728	9	6	financial	financial	ADJ
fennia-3728	9	7	markets	market	NOUN
fennia-3728	9	8	,	,	PUNCT
fennia-3728	9	9	geography	geography	NOUN
fennia-3728	9	10	has	have	AUX
fennia-3728	9	11	lost	lose	VERB
fennia-3728	9	12	its	its	PRON
fennia-3728	9	13	importance	importance	NOUN
fennia-3728	9	14	already	already	ADV
fennia-3728	9	15	a	a	DET
fennia-3728	9	16	long	long	ADJ
fennia-3728	9	17	time	time	NOUN
fennia-3728	9	18	ago	ago	ADV
fennia-3728	9	19	,	,	PUNCT
fennia-3728	9	20	but	but	CCONJ
fennia-3728	9	21	there	there	PRON
fennia-3728	9	22	are	be	VERB
fennia-3728	9	23	others	other	NOUN
fennia-3728	9	24	where	where	SCONJ
fennia-3728	9	25	international	international	ADJ
fennia-3728	9	26	and	and	CCONJ
fennia-3728	9	27	regional	regional	ADJ
fennia-3728	9	28	integration	integration	NOUN
fennia-3728	9	29	is	be	AUX
fennia-3728	9	30	still	still	ADV
fennia-3728	9	31	incomplete	incomplete	ADJ
fennia-3728	9	32	and	and	CCONJ
fennia-3728	9	33	on	on	ADP
fennia-3728	9	34	-	-	PUNCT
fennia-3728	9	35	going	going	NOUN
fennia-3728	9	36	.	.	PUNCT
fennia-3728	10	1	globally	globally	ADV
fennia-3728	10	2	,	,	PUNCT
fennia-3728	10	3	the	the	DET
fennia-3728	10	4	most	most	ADV
fennia-3728	10	5	important	important	ADJ
fennia-3728	10	6	of	of	ADP
fennia-3728	10	7	the	the	DET
fennia-3728	10	8	on	on	ADP
fennia-3728	10	9	-	-	PUNCT
fennia-3728	10	10	going	go	VERB
fennia-3728	10	11	processes	process	NOUN
fennia-3728	10	12	is	be	AUX
fennia-3728	10	13	the	the	DET
fennia-3728	10	14	financial	financial	ADJ
fennia-3728	10	15	opening	opening	NOUN
fennia-3728	10	16	up	up	ADP
fennia-3728	10	17	of	of	ADP
fennia-3728	10	18	the	the	DET
fennia-3728	10	19	big	big	ADJ
fennia-3728	10	20	emerging	emerge	VERB
fennia-3728	10	21	market	market	NOUN
fennia-3728	10	22	economies	economy	NOUN
fennia-3728	10	23	,	,	PUNCT
fennia-3728	10	24	which	which	PRON
fennia-3728	10	25	poses	pose	VERB
fennia-3728	10	26	huge	huge	ADJ
fennia-3728	10	27	challenges	challenge	NOUN
fennia-3728	10	28	for	for	ADP
fennia-3728	10	29	international	international	ADJ
fennia-3728	10	30	policy	policy	NOUN
fennia-3728	10	31	coordination	coordination	NOUN
fennia-3728	10	32	and	and	CCONJ
fennia-3728	10	33	the	the	DET
fennia-3728	10	34	development	development	NOUN
fennia-3728	10	35	of	of	ADP
fennia-3728	10	36	institutions	institution	NOUN
fennia-3728	10	37	;	;	PUNCT
fennia-3728	10	38	at	at	ADP
fennia-3728	10	39	the	the	DET
fennia-3728	10	40	european	european	ADJ
fennia-3728	10	41	level	level	NOUN
fennia-3728	10	42	,	,	PUNCT
fennia-3728	10	43	retail	retail	ADJ
fennia-3728	10	44	banking	banking	NOUN
fennia-3728	10	45	markets	market	NOUN
fennia-3728	10	46	and	and	CCONJ
fennia-3728	10	47	payments	payment	NOUN
fennia-3728	10	48	systems	system	NOUN
fennia-3728	10	49	are	be	AUX
fennia-3728	10	50	still	still	ADV
fennia-3728	10	51	very	very	ADV
fennia-3728	10	52	fragmented	fragmented	ADJ
fennia-3728	10	53	and	and	CCONJ
fennia-3728	10	54	a	a	DET
fennia-3728	10	55	lot	lot	NOUN
fennia-3728	10	56	of	of	ADP
fennia-3728	10	57	work	work	NOUN
fennia-3728	10	58	is	be	AUX
fennia-3728	10	59	needed	need	VERB
fennia-3728	10	60	to	to	PART
fennia-3728	10	61	achieve	achieve	VERB
fennia-3728	10	62	the	the	DET
fennia-3728	10	63	goal	goal	NOUN
fennia-3728	10	64	of	of	ADP
fennia-3728	10	65	a	a	DET
fennia-3728	10	66	single	single	ADJ
fennia-3728	10	67	market	market	NOUN
fennia-3728	10	68	at	at	ADP
fennia-3728	10	69	least	least	ADJ
fennia-3728	10	70	in	in	ADP
fennia-3728	10	71	the	the	DET
fennia-3728	10	72	euro	euro	PROPN
fennia-3728	10	73	area	area	NOUN
fennia-3728	10	74	.	.	PUNCT
fennia-3728	11	1	finally	finally	ADV
fennia-3728	11	2	,	,	PUNCT
fennia-3728	11	3	at	at	ADP
fennia-3728	11	4	the	the	DET
fennia-3728	11	5	subnational	subnational	ADJ
fennia-3728	11	6	level	level	NOUN
fennia-3728	11	7	,	,	PUNCT
fennia-3728	11	8	the	the	DET
fennia-3728	11	9	impact	impact	NOUN
fennia-3728	11	10	of	of	ADP
fennia-3728	11	11	financial	financial	ADJ
fennia-3728	11	12	integration	integration	NOUN
fennia-3728	11	13	is	be	AUX
fennia-3728	11	14	mostly	mostly	ADV
fennia-3728	11	15	felt	feel	VERB
fennia-3728	11	16	through	through	ADP
fennia-3728	11	17	the	the	DET
fennia-3728	11	18	changes	change	NOUN
fennia-3728	11	19	in	in	ADP
fennia-3728	11	20	the	the	DET
fennia-3728	11	21	variety	variety	NOUN
fennia-3728	11	22	of	of	ADP
fennia-3728	11	23	services	service	NOUN
fennia-3728	11	24	and	and	CCONJ
fennia-3728	11	25	customer	customer	NOUN
fennia-3728	11	26	relationships	relationship	NOUN
fennia-3728	11	27	available	available	ADJ
fennia-3728	11	28	to	to	ADP
fennia-3728	11	29	sme	sme	PROPN
fennia-3728	11	30	’s	’s	PART
fennia-3728	11	31	and	and	CCONJ
fennia-3728	11	32	households	household	NOUN
fennia-3728	11	33	.	.	PUNCT
fennia-3728	12	1	at	at	ADP
fennia-3728	12	2	each	each	PRON
fennia-3728	12	3	of	of	ADP
fennia-3728	12	4	these	these	DET
fennia-3728	12	5	levels	level	NOUN
fennia-3728	12	6	,	,	PUNCT
fennia-3728	12	7	financial	financial	ADJ
fennia-3728	12	8	integration	integration	NOUN
fennia-3728	12	9	holds	hold	VERB
fennia-3728	12	10	great	great	ADJ
fennia-3728	12	11	promise	promise	NOUN
fennia-3728	12	12	in	in	ADP
fennia-3728	12	13	terms	term	NOUN
fennia-3728	12	14	of	of	ADP
fennia-3728	12	15	growth	growth	NOUN
fennia-3728	12	16	,	,	PUNCT
fennia-3728	12	17	efficiency	efficiency	NOUN
fennia-3728	12	18	and	and	CCONJ
fennia-3728	12	19	economic	economic	ADJ
fennia-3728	12	20	opportunities	opportunity	NOUN
fennia-3728	12	21	,	,	PUNCT
fennia-3728	12	22	but	but	CCONJ
fennia-3728	12	23	also	also	ADV
fennia-3728	12	24	requires	require	VERB
fennia-3728	12	25	significant	significant	ADJ
fennia-3728	12	26	adjustments	adjustment	NOUN
fennia-3728	12	27	in	in	ADP
fennia-3728	12	28	public	public	ADJ
fennia-3728	12	29	policy	policy	NOUN
fennia-3728	12	30	and	and	CCONJ
fennia-3728	12	31	private	private	ADJ
fennia-3728	12	32	business	business	NOUN
fennia-3728	12	33	performance	performance	NOUN
fennia-3728	12	34	.	.	PUNCT
fennia-3728	13	1	sinikka	sinikka	PROPN
fennia-3728	13	2	salo	salo	PROPN
fennia-3728	13	3	,	,	PUNCT
fennia-3728	13	4	member	member	NOUN
fennia-3728	13	5	of	of	ADP
fennia-3728	13	6	the	the	DET
fennia-3728	13	7	board	board	NOUN
fennia-3728	13	8	,	,	PUNCT
fennia-3728	13	9	bank	bank	PROPN
fennia-3728	13	10	of	of	ADP
fennia-3728	13	11	finland	finland	PROPN
fennia-3728	13	12	,	,	PUNCT
fennia-3728	13	13	po	po	PROPN
fennia-3728	13	14	box	box	PROPN
fennia-3728	13	15	160	160	NUM
fennia-3728	13	16	,	,	PUNCT
fennia-3728	13	17	fi-00101	fi-00101	PROPN
fennia-3728	13	18	helsinki	helsinki	PROPN
fennia-3728	13	19	,	,	PUNCT
fennia-3728	13	20	finland	finland	PROPN
fennia-3728	13	21	.	.	PUNCT
fennia-3728	14	1	introduction	introduction	NOUN
fennia-3728	14	2	financial	financial	ADJ
fennia-3728	14	3	markets	market	NOUN
fennia-3728	14	4	are	be	AUX
fennia-3728	14	5	often	often	ADV
fennia-3728	14	6	seen	see	VERB
fennia-3728	14	7	as	as	ADP
fennia-3728	14	8	forerunners	forerunner	NOUN
fennia-3728	14	9	in	in	ADP
fennia-3728	14	10	globalisation	globalisation	NOUN
fennia-3728	14	11	.	.	PUNCT
fennia-3728	15	1	this	this	PRON
fennia-3728	15	2	is	be	AUX
fennia-3728	15	3	understandable	understandable	ADJ
fennia-3728	15	4	,	,	PUNCT
fennia-3728	15	5	since	since	SCONJ
fennia-3728	15	6	the	the	DET
fennia-3728	15	7	immaterial	immaterial	ADJ
fennia-3728	15	8	and	and	CCONJ
fennia-3728	15	9	“	"	PUNCT
fennia-3728	15	10	weightless	weightless	ADJ
fennia-3728	15	11	”	"	PUNCT
fennia-3728	15	12	nature	nature	NOUN
fennia-3728	15	13	of	of	ADP
fennia-3728	15	14	money	money	NOUN
fennia-3728	15	15	seems	seem	VERB
fennia-3728	15	16	to	to	PART
fennia-3728	15	17	make	make	VERB
fennia-3728	15	18	geography	geography	NOUN
fennia-3728	15	19	less	less	ADV
fennia-3728	15	20	relevant	relevant	ADJ
fennia-3728	15	21	in	in	ADP
fennia-3728	15	22	the	the	DET
fennia-3728	15	23	world	world	NOUN
fennia-3728	15	24	of	of	ADP
fennia-3728	15	25	finance	finance	NOUN
fennia-3728	15	26	than	than	ADP
fennia-3728	15	27	in	in	ADP
fennia-3728	15	28	most	most	ADJ
fennia-3728	15	29	other	other	ADJ
fennia-3728	15	30	industries	industry	NOUN
fennia-3728	15	31	.	.	PUNCT
fennia-3728	16	1	it	it	PRON
fennia-3728	16	2	is	be	AUX
fennia-3728	16	3	easy	easy	ADJ
fennia-3728	16	4	to	to	PART
fennia-3728	16	5	present	present	VERB
fennia-3728	16	6	examples	example	NOUN
fennia-3728	16	7	which	which	PRON
fennia-3728	16	8	lend	lend	VERB
fennia-3728	16	9	support	support	NOUN
fennia-3728	16	10	to	to	ADP
fennia-3728	16	11	the	the	DET
fennia-3728	16	12	view	view	NOUN
fennia-3728	16	13	of	of	ADP
fennia-3728	16	14	finance	finance	NOUN
fennia-3728	16	15	-	-	PUNCT
fennia-3728	16	16	led	lead	VERB
fennia-3728	16	17	globalisation	globalisation	NOUN
fennia-3728	16	18	.	.	PUNCT
fennia-3728	17	1	money	money	NOUN
fennia-3728	17	2	can	can	AUX
fennia-3728	17	3	move	move	VERB
fennia-3728	17	4	from	from	ADP
fennia-3728	17	5	one	one	NUM
fennia-3728	17	6	part	part	NOUN
fennia-3728	17	7	of	of	ADP
fennia-3728	17	8	the	the	DET
fennia-3728	17	9	world	world	NOUN
fennia-3728	17	10	to	to	ADP
fennia-3728	17	11	another	another	PRON
fennia-3728	17	12	in	in	ADP
fennia-3728	17	13	seconds	second	NOUN
fennia-3728	17	14	,	,	PUNCT
fennia-3728	17	15	and	and	CCONJ
fennia-3728	17	16	contracts	contract	NOUN
fennia-3728	17	17	worth	worth	ADJ
fennia-3728	17	18	hundreds	hundred	NOUN
fennia-3728	17	19	of	of	ADP
fennia-3728	17	20	millions	million	NOUN
fennia-3728	17	21	of	of	ADP
fennia-3728	17	22	euro	euro	NOUN
fennia-3728	17	23	are	be	AUX
fennia-3728	17	24	made	make	VERB
fennia-3728	17	25	daily	daily	ADJ
fennia-3728	17	26	in	in	ADP
fennia-3728	17	27	the	the	DET
fennia-3728	17	28	financial	financial	ADJ
fennia-3728	17	29	markets	market	NOUN
fennia-3728	17	30	,	,	PUNCT
fennia-3728	17	31	over	over	ADP
fennia-3728	17	32	the	the	DET
fennia-3728	17	33	telephone	telephone	NOUN
fennia-3728	17	34	,	,	PUNCT
fennia-3728	17	35	between	between	ADP
fennia-3728	17	36	parties	party	NOUN
fennia-3728	17	37	based	base	VERB
fennia-3728	17	38	on	on	ADP
fennia-3728	17	39	different	different	ADJ
fennia-3728	17	40	continents	continent	NOUN
fennia-3728	17	41	.	.	PUNCT
fennia-3728	18	1	in	in	ADP
fennia-3728	18	2	helsinki	helsinki	PROPN
fennia-3728	18	3	,	,	PUNCT
fennia-3728	18	4	for	for	ADP
fennia-3728	18	5	example	example	NOUN
fennia-3728	18	6	,	,	PUNCT
fennia-3728	18	7	we	we	PRON
fennia-3728	18	8	may	may	AUX
fennia-3728	18	9	check	check	VERB
fennia-3728	18	10	the	the	DET
fennia-3728	18	11	prices	price	NOUN
fennia-3728	18	12	of	of	ADP
fennia-3728	18	13	shares	share	NOUN
fennia-3728	18	14	traded	trade	VERB
fennia-3728	18	15	on	on	ADP
fennia-3728	18	16	the	the	DET
fennia-3728	18	17	new	new	PROPN
fennia-3728	18	18	york	york	PROPN
fennia-3728	18	19	stock	stock	PROPN
fennia-3728	18	20	exchange	exchange	PROPN
fennia-3728	18	21	at	at	ADV
fennia-3728	18	22	least	least	ADJ
fennia-3728	18	23	as	as	ADV
fennia-3728	18	24	quickly	quickly	ADV
fennia-3728	18	25	and	and	CCONJ
fennia-3728	18	26	with	with	ADP
fennia-3728	18	27	greater	great	ADJ
fennia-3728	18	28	precision	precision	NOUN
fennia-3728	18	29	than	than	ADP
fennia-3728	18	30	the	the	DET
fennia-3728	18	31	prices	price	NOUN
fennia-3728	18	32	of	of	ADP
fennia-3728	18	33	vegetables	vegetable	NOUN
fennia-3728	18	34	in	in	ADP
fennia-3728	18	35	the	the	DET
fennia-3728	18	36	open	open	ADJ
fennia-3728	18	37	-	-	PUNCT
fennia-3728	18	38	air	air	NOUN
fennia-3728	18	39	market	market	NOUN
fennia-3728	18	40	of	of	ADP
fennia-3728	18	41	our	our	PRON
fennia-3728	18	42	home	home	NOUN
fennia-3728	18	43	town	town	NOUN
fennia-3728	18	44	.	.	PUNCT
fennia-3728	19	1	the	the	DET
fennia-3728	19	2	picture	picture	NOUN
fennia-3728	19	3	of	of	ADP
fennia-3728	19	4	financial	financial	ADJ
fennia-3728	19	5	markets	market	NOUN
fennia-3728	19	6	as	as	ADP
fennia-3728	19	7	extremely	extremely	ADV
fennia-3728	19	8	globalised	globalised	ADJ
fennia-3728	19	9	is	be	AUX
fennia-3728	19	10	,	,	PUNCT
fennia-3728	19	11	however	however	ADV
fennia-3728	19	12	,	,	PUNCT
fennia-3728	19	13	only	only	ADV
fennia-3728	19	14	partly	partly	ADV
fennia-3728	19	15	correct	correct	ADJ
fennia-3728	19	16	.	.	PUNCT
fennia-3728	20	1	it	it	PRON
fennia-3728	20	2	is	be	AUX
fennia-3728	20	3	true	true	ADJ
fennia-3728	20	4	that	that	SCONJ
fennia-3728	20	5	for	for	ADP
fennia-3728	20	6	some	some	DET
fennia-3728	20	7	parts	part	NOUN
fennia-3728	20	8	of	of	ADP
fennia-3728	20	9	the	the	DET
fennia-3728	20	10	financial	financial	ADJ
fennia-3728	20	11	markets	market	NOUN
fennia-3728	20	12	,	,	PUNCT
fennia-3728	20	13	geography	geography	NOUN
fennia-3728	20	14	has	have	AUX
fennia-3728	20	15	lost	lose	VERB
fennia-3728	20	16	its	its	PRON
fennia-3728	20	17	importance	importance	NOUN
fennia-3728	20	18	already	already	ADV
fennia-3728	20	19	a	a	DET
fennia-3728	20	20	long	long	ADJ
fennia-3728	20	21	time	time	NOUN
fennia-3728	20	22	ago	ago	ADV
fennia-3728	20	23	,	,	PUNCT
fennia-3728	20	24	but	but	CCONJ
fennia-3728	20	25	there	there	PRON
fennia-3728	20	26	are	be	VERB
fennia-3728	20	27	others	other	NOUN
fennia-3728	20	28	where	where	SCONJ
fennia-3728	20	29	international	international	ADJ
fennia-3728	20	30	and	and	CCONJ
fennia-3728	20	31	regional	regional	ADJ
fennia-3728	20	32	integration	integration	NOUN
fennia-3728	20	33	is	be	AUX
fennia-3728	20	34	still	still	ADV
fennia-3728	20	35	incomplete	incomplete	ADJ
fennia-3728	20	36	and	and	CCONJ
fennia-3728	20	37	ongoing	ongoing	ADJ
fennia-3728	20	38	.	.	PUNCT
fennia-3728	21	1	in	in	ADP
fennia-3728	21	2	the	the	DET
fennia-3728	21	3	last	last	ADJ
fennia-3728	21	4	ten	ten	NUM
fennia-3728	21	5	years	year	NOUN
fennia-3728	21	6	,	,	PUNCT
fennia-3728	21	7	highly	highly	ADV
fennia-3728	21	8	significant	significant	ADJ
fennia-3728	21	9	progress	progress	NOUN
fennia-3728	21	10	has	have	AUX
fennia-3728	21	11	taken	take	VERB
fennia-3728	21	12	place	place	NOUN
fennia-3728	21	13	in	in	ADP
fennia-3728	21	14	this	this	DET
fennia-3728	21	15	area	area	NOUN
fennia-3728	21	16	.	.	PUNCT
fennia-3728	22	1	let	let	VERB
fennia-3728	22	2	me	i	PRON
fennia-3728	22	3	start	start	VERB
fennia-3728	22	4	my	my	PRON
fennia-3728	22	5	brief	brief	ADJ
fennia-3728	22	6	survey	survey	NOUN
fennia-3728	22	7	of	of	ADP
fennia-3728	22	8	what	what	PRON
fennia-3728	22	9	financial	financial	ADJ
fennia-3728	22	10	integration	integration	NOUN
fennia-3728	22	11	means	mean	VERB
fennia-3728	22	12	from	from	ADP
fennia-3728	22	13	a	a	DET
fennia-3728	22	14	regional	regional	ADJ
fennia-3728	22	15	perspective	perspective	NOUN
fennia-3728	22	16	by	by	ADP
fennia-3728	22	17	considering	consider	VERB
fennia-3728	22	18	some	some	PRON
fennia-3728	22	19	of	of	ADP
fennia-3728	22	20	the	the	DET
fennia-3728	22	21	recent	recent	ADJ
fennia-3728	22	22	developments	development	NOUN
fennia-3728	22	23	in	in	ADP
fennia-3728	22	24	europe	europe	PROPN
fennia-3728	22	25	and	and	CCONJ
fennia-3728	22	26	in	in	ADP
fennia-3728	22	27	the	the	DET
fennia-3728	22	28	world	world	NOUN
fennia-3728	22	29	.	.	PUNCT
fennia-3728	23	1	i	i	PRON
fennia-3728	23	2	shall	shall	AUX
fennia-3728	23	3	discuss	discuss	VERB
fennia-3728	23	4	the	the	DET
fennia-3728	23	5	regional	regional	ADJ
fennia-3728	23	6	implications	implication	NOUN
fennia-3728	23	7	of	of	ADP
fennia-3728	23	8	the	the	DET
fennia-3728	23	9	on	on	ADP
fennia-3728	23	10	-	-	PUNCT
fennia-3728	23	11	going	go	VERB
fennia-3728	23	12	integration	integration	NOUN
fennia-3728	23	13	process	process	NOUN
fennia-3728	23	14	and	and	CCONJ
fennia-3728	23	15	finally	finally	ADV
fennia-3728	23	16	close	close	VERB
fennia-3728	23	17	with	with	ADP
fennia-3728	23	18	some	some	DET
fennia-3728	23	19	policy	policy	NOUN
fennia-3728	23	20	-	-	PUNCT
fennia-3728	23	21	related	relate	VERB
fennia-3728	23	22	remarks	remark	NOUN
fennia-3728	23	23	.	.	PUNCT
fennia-3728	24	1	trends	trend	NOUN
fennia-3728	24	2	in	in	ADP
fennia-3728	24	3	financial	financial	ADJ
fennia-3728	24	4	integration	integration	NOUN
fennia-3728	24	5	in	in	ADP
fennia-3728	24	6	europe	europe	PROPN
fennia-3728	24	7	let	let	VERB
fennia-3728	24	8	me	i	PRON
fennia-3728	24	9	review	review	VERB
fennia-3728	24	10	the	the	DET
fennia-3728	24	11	european	european	ADJ
fennia-3728	24	12	financial	financial	ADJ
fennia-3728	24	13	markets	market	NOUN
fennia-3728	24	14	first	first	ADV
fennia-3728	24	15	.	.	PUNCT
fennia-3728	25	1	europe	europe	PROPN
fennia-3728	25	2	has	have	VERB
fennia-3728	25	3	a	a	DET
fennia-3728	25	4	long	long	ADJ
fennia-3728	25	5	history	history	NOUN
fennia-3728	25	6	of	of	ADP
fennia-3728	25	7	international	international	ADJ
fennia-3728	25	8	capital	capital	NOUN
fennia-3728	25	9	movements	movement	NOUN
fennia-3728	25	10	,	,	PUNCT
fennia-3728	25	11	both	both	CCONJ
fennia-3728	25	12	in	in	ADP
fennia-3728	25	13	the	the	DET
fennia-3728	25	14	form	form	NOUN
fennia-3728	25	15	of	of	ADP
fennia-3728	25	16	short	short	ADJ
fennia-3728	25	17	-	-	PUNCT
fennia-3728	25	18	term	term	NOUN
fennia-3728	25	19	“	"	PUNCT
fennia-3728	25	20	hot	hot	ADJ
fennia-3728	25	21	”	"	PUNCT
fennia-3728	25	22	money	money	NOUN
fennia-3728	25	23	flows	flow	NOUN
fennia-3728	25	24	and	and	CCONJ
fennia-3728	25	25	as	as	SCONJ
fennia-3728	25	26	foreign	foreign	ADJ
fennia-3728	25	27	direct	direct	ADJ
fennia-3728	25	28	investment	investment	NOUN
fennia-3728	25	29	in	in	ADP
fennia-3728	25	30	industries	industry	NOUN
fennia-3728	25	31	across	across	ADP
fennia-3728	25	32	national	national	ADJ
fennia-3728	25	33	borders	border	NOUN
fennia-3728	25	34	(	(	PUNCT
fennia-3728	25	35	see	see	VERB
fennia-3728	25	36	e.g.	e.g.	ADV
fennia-3728	25	37	,	,	PUNCT
fennia-3728	25	38	giovannini	giovannini	PROPN
fennia-3728	25	39	&	&	CCONJ
fennia-3728	25	40	mayer	mayer	PROPN
fennia-3728	25	41	1991	1991	NUM
fennia-3728	25	42	)	)	PUNCT
fennia-3728	25	43	.	.	PUNCT
fennia-3728	26	1	true	true	ADJ
fennia-3728	26	2	integration	integration	NOUN
fennia-3728	26	3	of	of	ADP
fennia-3728	26	4	european	european	ADJ
fennia-3728	26	5	financial	financial	ADJ
fennia-3728	26	6	markets	market	NOUN
fennia-3728	26	7	is	be	AUX
fennia-3728	26	8	much	much	ADV
fennia-3728	26	9	more	more	ADV
fennia-3728	26	10	recent	recent	ADJ
fennia-3728	26	11	,	,	PUNCT
fennia-3728	26	12	however	however	ADV
fennia-3728	26	13	.	.	PUNCT
fennia-3728	27	1	the	the	DET
fennia-3728	27	2	most	most	ADV
fennia-3728	27	3	visible	visible	ADJ
fennia-3728	27	4	sign	sign	NOUN
fennia-3728	27	5	so	so	ADV
fennia-3728	27	6	far	far	ADV
fennia-3728	27	7	of	of	ADP
fennia-3728	27	8	financial	financial	ADJ
fennia-3728	27	9	integration	integration	NOUN
fennia-3728	27	10	in	in	ADP
fennia-3728	27	11	europe	europe	PROPN
fennia-3728	27	12	is	be	AUX
fennia-3728	27	13	the	the	DET
fennia-3728	27	14	common	common	ADJ
fennia-3728	27	15	currency	currency	NOUN
fennia-3728	27	16	euro	euro	NOUN
fennia-3728	27	17	,	,	PUNCT
fennia-3728	27	18	the	the	DET
fennia-3728	27	19	creation	creation	NOUN
fennia-3728	27	20	of	of	ADP
fennia-3728	27	21	which	which	PRON
fennia-3728	27	22	indeed	indeed	ADV
fennia-3728	27	23	started	start	VERB
fennia-3728	27	24	a	a	DET
fennia-3728	27	25	new	new	ADJ
fennia-3728	27	26	era	era	NOUN
fennia-3728	27	27	of	of	ADP
fennia-3728	27	28	20	20	NUM
fennia-3728	27	29	fennia	fennia	NOUN
fennia-3728	27	30	184	184	NUM
fennia-3728	27	31	:	:	SYM
fennia-3728	27	32	1	1	NUM
fennia-3728	27	33	(	(	PUNCT
fennia-3728	27	34	2006)sinikka	2006)sinikka	NUM
fennia-3728	27	35	salo	salo	NOUN
fennia-3728	27	36	financial	financial	ADJ
fennia-3728	27	37	integration	integration	NOUN
fennia-3728	27	38	in	in	ADP
fennia-3728	27	39	the	the	DET
fennia-3728	27	40	area	area	NOUN
fennia-3728	27	41	.	.	PUNCT
fennia-3728	28	1	after	after	ADP
fennia-3728	28	2	the	the	DET
fennia-3728	28	3	adoption	adoption	NOUN
fennia-3728	28	4	of	of	ADP
fennia-3728	28	5	the	the	DET
fennia-3728	28	6	common	common	ADJ
fennia-3728	28	7	currency	currency	NOUN
fennia-3728	28	8	in	in	ADP
fennia-3728	28	9	1999	1999	NUM
fennia-3728	28	10	,	,	PUNCT
fennia-3728	28	11	money	money	NOUN
fennia-3728	28	12	markets	market	NOUN
fennia-3728	28	13	in	in	ADP
fennia-3728	28	14	the	the	DET
fennia-3728	28	15	euro	euro	PROPN
fennia-3728	28	16	area	area	NOUN
fennia-3728	28	17	were	be	AUX
fennia-3728	28	18	rapidly	rapidly	ADV
fennia-3728	28	19	integrated	integrate	VERB
fennia-3728	28	20	and	and	CCONJ
fennia-3728	28	21	e.g.	e.g.	ADV
fennia-3728	28	22	,	,	PUNCT
fennia-3728	28	23	interest	interest	NOUN
fennia-3728	28	24	rates	rate	NOUN
fennia-3728	28	25	were	be	AUX
fennia-3728	28	26	unified	unify	VERB
fennia-3728	28	27	as	as	ADP
fennia-3728	28	28	the	the	DET
fennia-3728	28	29	result	result	NOUN
fennia-3728	28	30	.	.	PUNCT
fennia-3728	29	1	hence	hence	ADV
fennia-3728	29	2	,	,	PUNCT
fennia-3728	29	3	financial	financial	ADJ
fennia-3728	29	4	conditions	condition	NOUN
fennia-3728	29	5	in	in	ADP
fennia-3728	29	6	a	a	DET
fennia-3728	29	7	macroeconomic	macroeconomic	ADJ
fennia-3728	29	8	sense	sense	NOUN
fennia-3728	29	9	are	be	AUX
fennia-3728	29	10	now	now	ADV
fennia-3728	29	11	rather	rather	ADV
fennia-3728	29	12	similar	similar	ADJ
fennia-3728	29	13	throughout	throughout	ADP
fennia-3728	29	14	the	the	DET
fennia-3728	29	15	euro	euro	PROPN
fennia-3728	29	16	area	area	NOUN
fennia-3728	29	17	.	.	PUNCT
fennia-3728	30	1	however	however	ADV
fennia-3728	30	2	,	,	PUNCT
fennia-3728	30	3	in	in	ADP
fennia-3728	30	4	europe	europe	PROPN
fennia-3728	30	5	,	,	PUNCT
fennia-3728	30	6	and	and	CCONJ
fennia-3728	30	7	more	more	ADV
fennia-3728	30	8	specifically	specifically	ADV
fennia-3728	30	9	in	in	ADP
fennia-3728	30	10	the	the	DET
fennia-3728	30	11	euro	euro	PROPN
fennia-3728	30	12	area	area	NOUN
fennia-3728	30	13	,	,	PUNCT
fennia-3728	30	14	large	large	ADJ
fennia-3728	30	15	and	and	CCONJ
fennia-3728	30	16	very	very	ADV
fennia-3728	30	17	important	important	ADJ
fennia-3728	30	18	parts	part	NOUN
fennia-3728	30	19	of	of	ADP
fennia-3728	30	20	the	the	DET
fennia-3728	30	21	financial	financial	ADJ
fennia-3728	30	22	market	market	NOUN
fennia-3728	30	23	are	be	AUX
fennia-3728	30	24	not	not	PART
fennia-3728	30	25	yet	yet	ADV
fennia-3728	30	26	completely	completely	ADV
fennia-3728	30	27	integrated	integrate	VERB
fennia-3728	30	28	.	.	PUNCT
fennia-3728	31	1	retail	retail	ADJ
fennia-3728	31	2	banking	banking	NOUN
fennia-3728	31	3	markets	market	NOUN
fennia-3728	31	4	,	,	PUNCT
fennia-3728	31	5	for	for	ADP
fennia-3728	31	6	example	example	NOUN
fennia-3728	31	7	,	,	PUNCT
fennia-3728	31	8	remain	remain	VERB
fennia-3728	31	9	today	today	NOUN
fennia-3728	31	10	mainly	mainly	ADV
fennia-3728	31	11	national	national	ADJ
fennia-3728	31	12	in	in	ADP
fennia-3728	31	13	nature	nature	NOUN
fennia-3728	31	14	,	,	PUNCT
fennia-3728	31	15	so	so	SCONJ
fennia-3728	31	16	that	that	SCONJ
fennia-3728	31	17	a	a	DET
fennia-3728	31	18	cross	cross	ADJ
fennia-3728	31	19	-	-	ADJ
fennia-3728	31	20	border	border	ADJ
fennia-3728	31	21	supply	supply	NOUN
fennia-3728	31	22	of	of	ADP
fennia-3728	31	23	housing	housing	NOUN
fennia-3728	31	24	loans	loan	NOUN
fennia-3728	31	25	or	or	CCONJ
fennia-3728	31	26	deposit	deposit	NOUN
fennia-3728	31	27	accounts	account	NOUN
fennia-3728	31	28	is	be	AUX
fennia-3728	31	29	a	a	DET
fennia-3728	31	30	rare	rare	ADJ
fennia-3728	31	31	exception	exception	NOUN
fennia-3728	31	32	rather	rather	ADV
fennia-3728	31	33	than	than	ADP
fennia-3728	31	34	the	the	DET
fennia-3728	31	35	norm	norm	NOUN
fennia-3728	31	36	.	.	PUNCT
fennia-3728	32	1	similarly	similarly	ADV
fennia-3728	32	2	,	,	PUNCT
fennia-3728	32	3	securities	security	NOUN
fennia-3728	32	4	markets	market	NOUN
fennia-3728	32	5	are	be	AUX
fennia-3728	32	6	still	still	ADV
fennia-3728	32	7	organised	organise	VERB
fennia-3728	32	8	on	on	ADP
fennia-3728	32	9	a	a	DET
fennia-3728	32	10	national	national	ADJ
fennia-3728	32	11	,	,	PUNCT
fennia-3728	32	12	country	country	NOUN
fennia-3728	32	13	-	-	PUNCT
fennia-3728	32	14	by	by	ADP
fennia-3728	32	15	-	-	PUNCT
fennia-3728	32	16	country	country	NOUN
fennia-3728	32	17	basis	basis	NOUN
fennia-3728	32	18	so	so	SCONJ
fennia-3728	32	19	that	that	SCONJ
fennia-3728	32	20	the	the	DET
fennia-3728	32	21	trading	trading	NOUN
fennia-3728	32	22	of	of	ADP
fennia-3728	32	23	stocks	stock	NOUN
fennia-3728	32	24	issued	issue	VERB
fennia-3728	32	25	in	in	ADP
fennia-3728	32	26	another	another	DET
fennia-3728	32	27	country	country	NOUN
fennia-3728	32	28	usually	usually	ADV
fennia-3728	32	29	requires	require	VERB
fennia-3728	32	30	rather	rather	ADV
fennia-3728	32	31	expensive	expensive	ADJ
fennia-3728	32	32	custody	custody	NOUN
fennia-3728	32	33	arrangements	arrangement	NOUN
fennia-3728	32	34	.	.	PUNCT
fennia-3728	33	1	the	the	DET
fennia-3728	33	2	clearing	clearing	NOUN
fennia-3728	33	3	and	and	CCONJ
fennia-3728	33	4	settlement	settlement	NOUN
fennia-3728	33	5	stage	stage	NOUN
fennia-3728	33	6	of	of	ADP
fennia-3728	33	7	international	international	ADJ
fennia-3728	33	8	share	share	NOUN
fennia-3728	33	9	transactions	transaction	NOUN
fennia-3728	33	10	in	in	ADP
fennia-3728	33	11	particular	particular	ADJ
fennia-3728	33	12	is	be	AUX
fennia-3728	33	13	much	much	ADV
fennia-3728	33	14	more	more	ADV
fennia-3728	33	15	expensive	expensive	ADJ
fennia-3728	33	16	than	than	ADP
fennia-3728	33	17	similar	similar	ADJ
fennia-3728	33	18	transactions	transaction	NOUN
fennia-3728	33	19	in	in	ADP
fennia-3728	33	20	the	the	DET
fennia-3728	33	21	domestic	domestic	ADJ
fennia-3728	33	22	market	market	NOUN
fennia-3728	33	23	.	.	PUNCT
fennia-3728	34	1	other	other	ADJ
fennia-3728	34	2	sectors	sector	NOUN
fennia-3728	34	3	where	where	SCONJ
fennia-3728	34	4	europe	europe	PROPN
fennia-3728	34	5	is	be	AUX
fennia-3728	34	6	still	still	ADV
fennia-3728	34	7	financially	financially	ADV
fennia-3728	34	8	fragmented	fragment	VERB
fennia-3728	34	9	include	include	VERB
fennia-3728	34	10	the	the	DET
fennia-3728	34	11	payment	payment	NOUN
fennia-3728	34	12	system	system	NOUN
fennia-3728	34	13	and	and	CCONJ
fennia-3728	34	14	the	the	DET
fennia-3728	34	15	venture	venture	NOUN
fennia-3728	34	16	capital	capital	NOUN
fennia-3728	34	17	market	market	NOUN
fennia-3728	34	18	.	.	PUNCT
fennia-3728	35	1	in	in	ADP
fennia-3728	35	2	practice	practice	NOUN
fennia-3728	35	3	,	,	PUNCT
fennia-3728	35	4	all	all	DET
fennia-3728	35	5	this	this	DET
fennia-3728	35	6	fragmentation	fragmentation	NOUN
fennia-3728	35	7	means	mean	VERB
fennia-3728	35	8	that	that	SCONJ
fennia-3728	35	9	,	,	PUNCT
fennia-3728	35	10	at	at	ADP
fennia-3728	35	11	least	least	ADJ
fennia-3728	35	12	for	for	ADP
fennia-3728	35	13	entities	entity	NOUN
fennia-3728	35	14	other	other	ADJ
fennia-3728	35	15	than	than	ADP
fennia-3728	35	16	banks	bank	NOUN
fennia-3728	35	17	and	and	CCONJ
fennia-3728	35	18	large	large	ADJ
fennia-3728	35	19	multinational	multinational	ADJ
fennia-3728	35	20	companies	company	NOUN
fennia-3728	35	21	,	,	PUNCT
fennia-3728	35	22	national	national	ADJ
fennia-3728	35	23	borders	border	NOUN
fennia-3728	35	24	still	still	ADV
fennia-3728	35	25	have	have	VERB
fennia-3728	35	26	a	a	DET
fennia-3728	35	27	substantial	substantial	ADJ
fennia-3728	35	28	influence	influence	NOUN
fennia-3728	35	29	in	in	ADP
fennia-3728	35	30	european	european	ADJ
fennia-3728	35	31	finance	finance	NOUN
fennia-3728	35	32	(	(	PUNCT
fennia-3728	35	33	jokivuolle	jokivuolle	PROPN
fennia-3728	35	34	&	&	CCONJ
fennia-3728	35	35	korhonen	korhonen	PROPN
fennia-3728	35	36	2004	2004	NUM
fennia-3728	35	37	)	)	PUNCT
fennia-3728	35	38	.	.	PUNCT
fennia-3728	36	1	the	the	DET
fennia-3728	36	2	european	european	ADJ
fennia-3728	36	3	situation	situation	NOUN
fennia-3728	36	4	is	be	AUX
fennia-3728	36	5	not	not	PART
fennia-3728	36	6	stagnant	stagnant	ADJ
fennia-3728	36	7	,	,	PUNCT
fennia-3728	36	8	however	however	ADV
fennia-3728	36	9	.	.	PUNCT
fennia-3728	37	1	various	various	ADJ
fennia-3728	37	2	eu	eu	PROPN
fennia-3728	37	3	authorities	authority	NOUN
fennia-3728	37	4	,	,	PUNCT
fennia-3728	37	5	the	the	DET
fennia-3728	37	6	commission	commission	NOUN
fennia-3728	37	7	and	and	CCONJ
fennia-3728	37	8	the	the	DET
fennia-3728	37	9	european	european	PROPN
fennia-3728	37	10	central	central	PROPN
fennia-3728	37	11	bank	bank	PROPN
fennia-3728	37	12	(	(	PUNCT
fennia-3728	37	13	ecb	ecb	NOUN
fennia-3728	37	14	)	)	PUNCT
fennia-3728	37	15	in	in	ADP
fennia-3728	37	16	particular	particular	ADJ
fennia-3728	37	17	,	,	PUNCT
fennia-3728	37	18	are	be	AUX
fennia-3728	37	19	pushing	push	VERB
fennia-3728	37	20	hard	hard	ADV
fennia-3728	37	21	towards	towards	ADP
fennia-3728	37	22	a	a	DET
fennia-3728	37	23	more	more	ADV
fennia-3728	37	24	complete	complete	ADJ
fennia-3728	37	25	financial	financial	ADJ
fennia-3728	37	26	integration	integration	NOUN
fennia-3728	37	27	of	of	ADP
fennia-3728	37	28	the	the	DET
fennia-3728	37	29	eu	eu	PROPN
fennia-3728	37	30	.	.	PROPN
fennia-3728	37	31	last	last	ADJ
fennia-3728	37	32	december	december	PROPN
fennia-3728	37	33	,	,	PUNCT
fennia-3728	37	34	the	the	DET
fennia-3728	37	35	commission	commission	NOUN
fennia-3728	37	36	published	publish	VERB
fennia-3728	37	37	an	an	DET
fennia-3728	37	38	important	important	ADJ
fennia-3728	37	39	white	white	ADJ
fennia-3728	37	40	paper	paper	NOUN
fennia-3728	37	41	defining	define	VERB
fennia-3728	37	42	its	its	PRON
fennia-3728	37	43	financial	financial	ADJ
fennia-3728	37	44	services	service	NOUN
fennia-3728	37	45	strategy	strategy	NOUN
fennia-3728	37	46	for	for	ADP
fennia-3728	37	47	the	the	DET
fennia-3728	37	48	following	follow	VERB
fennia-3728	37	49	five	five	NUM
fennia-3728	37	50	years	year	NOUN
fennia-3728	37	51	(	(	PUNCT
fennia-3728	37	52	european	european	ADJ
fennia-3728	37	53	commission	commission	PROPN
fennia-3728	37	54	2005	2005	NUM
fennia-3728	37	55	)	)	PUNCT
fennia-3728	37	56	.	.	PUNCT
fennia-3728	38	1	the	the	DET
fennia-3728	38	2	goals	goal	NOUN
fennia-3728	38	3	listed	list	VERB
fennia-3728	38	4	in	in	ADP
fennia-3728	38	5	this	this	DET
fennia-3728	38	6	paper	paper	NOUN
fennia-3728	38	7	include	include	VERB
fennia-3728	38	8	a	a	DET
fennia-3728	38	9	stronger	strong	ADJ
fennia-3728	38	10	integration	integration	NOUN
fennia-3728	38	11	of	of	ADP
fennia-3728	38	12	retail	retail	ADJ
fennia-3728	38	13	markets	market	NOUN
fennia-3728	38	14	in	in	ADP
fennia-3728	38	15	banking	banking	NOUN
fennia-3728	38	16	,	,	PUNCT
fennia-3728	38	17	insurance	insurance	NOUN
fennia-3728	38	18	,	,	PUNCT
fennia-3728	38	19	securities	security	NOUN
fennia-3728	38	20	,	,	PUNCT
fennia-3728	38	21	and	and	CCONJ
fennia-3728	38	22	asset	asset	NOUN
fennia-3728	38	23	management	management	NOUN
fennia-3728	38	24	.	.	PUNCT
fennia-3728	39	1	another	another	DET
fennia-3728	39	2	goal	goal	NOUN
fennia-3728	39	3	is	be	AUX
fennia-3728	39	4	international	international	ADJ
fennia-3728	39	5	supervisory	supervisory	ADJ
fennia-3728	39	6	convergence	convergence	NOUN
fennia-3728	39	7	,	,	PUNCT
fennia-3728	39	8	which	which	PRON
fennia-3728	39	9	is	be	AUX
fennia-3728	39	10	obviously	obviously	ADV
fennia-3728	39	11	important	important	ADJ
fennia-3728	39	12	in	in	ADP
fennia-3728	39	13	the	the	DET
fennia-3728	39	14	context	context	NOUN
fennia-3728	39	15	of	of	ADP
fennia-3728	39	16	financial	financial	ADJ
fennia-3728	39	17	integration	integration	NOUN
fennia-3728	39	18	.	.	PUNCT
fennia-3728	40	1	finally	finally	ADV
fennia-3728	40	2	,	,	PUNCT
fennia-3728	40	3	the	the	DET
fennia-3728	40	4	commission	commission	NOUN
fennia-3728	40	5	wants	want	VERB
fennia-3728	40	6	europe	europe	PROPN
fennia-3728	40	7	to	to	PART
fennia-3728	40	8	be	be	AUX
fennia-3728	40	9	active	active	ADJ
fennia-3728	40	10	also	also	ADV
fennia-3728	40	11	on	on	ADP
fennia-3728	40	12	the	the	DET
fennia-3728	40	13	global	global	ADJ
fennia-3728	40	14	stage	stage	NOUN
fennia-3728	40	15	,	,	PUNCT
fennia-3728	40	16	supporting	support	VERB
fennia-3728	40	17	active	active	ADJ
fennia-3728	40	18	liberalisation	liberalisation	NOUN
fennia-3728	40	19	of	of	ADP
fennia-3728	40	20	financial	financial	ADJ
fennia-3728	40	21	services	service	NOUN
fennia-3728	40	22	in	in	ADP
fennia-3728	40	23	the	the	DET
fennia-3728	40	24	context	context	NOUN
fennia-3728	40	25	of	of	ADP
fennia-3728	40	26	the	the	DET
fennia-3728	40	27	wto	wto	PROPN
fennia-3728	40	28	negotiations	negotiation	NOUN
fennia-3728	40	29	,	,	PUNCT
fennia-3728	40	30	and	and	CCONJ
fennia-3728	40	31	intensifying	intensify	VERB
fennia-3728	40	32	regulatory	regulatory	ADJ
fennia-3728	40	33	dialogue	dialogue	NOUN
fennia-3728	40	34	with	with	ADP
fennia-3728	40	35	the	the	DET
fennia-3728	40	36	us	us	PROPN
fennia-3728	40	37	and	and	CCONJ
fennia-3728	40	38	other	other	ADJ
fennia-3728	40	39	trading	trading	NOUN
fennia-3728	40	40	partners	partner	NOUN
fennia-3728	40	41	of	of	ADP
fennia-3728	40	42	the	the	DET
fennia-3728	40	43	eu	eu	PROPN
fennia-3728	40	44	in	in	ADP
fennia-3728	40	45	the	the	DET
fennia-3728	40	46	international	international	ADJ
fennia-3728	40	47	financial	financial	ADJ
fennia-3728	40	48	markets	market	NOUN
fennia-3728	40	49	.	.	PUNCT
fennia-3728	41	1	parallel	parallel	ADJ
fennia-3728	41	2	with	with	ADP
fennia-3728	41	3	the	the	DET
fennia-3728	41	4	work	work	NOUN
fennia-3728	41	5	of	of	ADP
fennia-3728	41	6	the	the	DET
fennia-3728	41	7	commission	commission	NOUN
fennia-3728	41	8	and	and	CCONJ
fennia-3728	41	9	the	the	DET
fennia-3728	41	10	ecb	ecb	NOUN
fennia-3728	41	11	,	,	PUNCT
fennia-3728	41	12	the	the	DET
fennia-3728	41	13	private	private	ADJ
fennia-3728	41	14	sector	sector	NOUN
fennia-3728	41	15	–	–	PUNCT
fennia-3728	41	16	i.e.	i.e.	X
fennia-3728	41	17	the	the	DET
fennia-3728	41	18	markets	market	NOUN
fennia-3728	41	19	themselves	themselves	PRON
fennia-3728	41	20	–	–	PUNCT
fennia-3728	41	21	is	be	AUX
fennia-3728	41	22	also	also	ADV
fennia-3728	41	23	preparing	prepare	VERB
fennia-3728	41	24	for	for	ADP
fennia-3728	41	25	much	much	ADV
fennia-3728	41	26	closer	close	ADJ
fennia-3728	41	27	integration	integration	NOUN
fennia-3728	41	28	.	.	PUNCT
fennia-3728	42	1	very	very	ADV
fennia-3728	42	2	important	important	ADJ
fennia-3728	42	3	in	in	ADP
fennia-3728	42	4	this	this	DET
fennia-3728	42	5	regard	regard	NOUN
fennia-3728	42	6	are	be	AUX
fennia-3728	42	7	the	the	DET
fennia-3728	42	8	attempts	attempt	NOUN
fennia-3728	42	9	of	of	ADP
fennia-3728	42	10	the	the	DET
fennia-3728	42	11	stock	stock	NOUN
fennia-3728	42	12	exchanges	exchange	NOUN
fennia-3728	42	13	to	to	PART
fennia-3728	42	14	create	create	VERB
fennia-3728	42	15	larger	large	ADJ
fennia-3728	42	16	european	european	ADJ
fennia-3728	42	17	and	and	CCONJ
fennia-3728	42	18	even	even	ADV
fennia-3728	42	19	global	global	ADJ
fennia-3728	42	20	market	market	NOUN
fennia-3728	42	21	places	place	NOUN
fennia-3728	42	22	for	for	ADP
fennia-3728	42	23	the	the	DET
fennia-3728	42	24	trading	trading	NOUN
fennia-3728	42	25	of	of	ADP
fennia-3728	42	26	securities	security	NOUN
fennia-3728	42	27	.	.	PUNCT
fennia-3728	43	1	stock	stock	NOUN
fennia-3728	43	2	exchange	exchange	PROPN
fennia-3728	43	3	business	business	NOUN
fennia-3728	43	4	in	in	ADP
fennia-3728	43	5	its	its	PRON
fennia-3728	43	6	modern	modern	ADJ
fennia-3728	43	7	form	form	NOUN
fennia-3728	43	8	requires	require	VERB
fennia-3728	43	9	large	large	ADJ
fennia-3728	43	10	fixed	fix	VERB
fennia-3728	43	11	investments	investment	NOUN
fennia-3728	43	12	in	in	ADP
fennia-3728	43	13	information	information	NOUN
fennia-3728	43	14	infrastructure	infrastructure	NOUN
fennia-3728	43	15	and	and	CCONJ
fennia-3728	43	16	has	have	VERB
fennia-3728	43	17	therefore	therefore	ADV
fennia-3728	43	18	very	very	ADV
fennia-3728	43	19	large	large	ADJ
fennia-3728	43	20	economies	economy	NOUN
fennia-3728	43	21	of	of	ADP
fennia-3728	43	22	scale	scale	NOUN
fennia-3728	43	23	.	.	PUNCT
fennia-3728	44	1	trading	trading	NOUN
fennia-3728	44	2	costs	cost	NOUN
fennia-3728	44	3	can	can	AUX
fennia-3728	44	4	be	be	AUX
fennia-3728	44	5	greatly	greatly	ADV
fennia-3728	44	6	reduced	reduce	VERB
fennia-3728	44	7	if	if	SCONJ
fennia-3728	44	8	the	the	DET
fennia-3728	44	9	processing	processing	NOUN
fennia-3728	44	10	of	of	ADP
fennia-3728	44	11	trades	trade	NOUN
fennia-3728	44	12	is	be	AUX
fennia-3728	44	13	concentrated	concentrate	VERB
fennia-3728	44	14	into	into	ADP
fennia-3728	44	15	bigger	big	ADJ
fennia-3728	44	16	centres	centre	NOUN
fennia-3728	44	17	(	(	PUNCT
fennia-3728	44	18	see	see	VERB
fennia-3728	44	19	hasan	hasan	PROPN
fennia-3728	44	20	&	&	CCONJ
fennia-3728	44	21	malkamäki	malkamäki	PROPN
fennia-3728	44	22	2001	2001	NUM
fennia-3728	44	23	;	;	PUNCT
fennia-3728	44	24	schmiedel	schmiedel	PROPN
fennia-3728	44	25	et	et	PROPN
fennia-3728	44	26	al	al	PROPN
fennia-3728	44	27	.	.	PROPN
fennia-3728	44	28	2006	2006	NUM
fennia-3728	44	29	)	)	PUNCT
fennia-3728	44	30	.	.	PUNCT
fennia-3728	45	1	at	at	ADP
fennia-3728	45	2	first	first	ADV
fennia-3728	45	3	,	,	PUNCT
fennia-3728	45	4	mergers	merger	NOUN
fennia-3728	45	5	and	and	CCONJ
fennia-3728	45	6	acquisitions	acquisition	NOUN
fennia-3728	45	7	within	within	ADP
fennia-3728	45	8	the	the	DET
fennia-3728	45	9	stock	stock	NOUN
fennia-3728	45	10	exchange	exchange	NOUN
fennia-3728	45	11	industry	industry	NOUN
fennia-3728	45	12	seek	seek	VERB
fennia-3728	45	13	to	to	PART
fennia-3728	45	14	exploit	exploit	VERB
fennia-3728	45	15	these	these	DET
fennia-3728	45	16	economies	economy	NOUN
fennia-3728	45	17	of	of	ADP
fennia-3728	45	18	scale	scale	NOUN
fennia-3728	45	19	through	through	ADP
fennia-3728	45	20	sharing	sharing	NOUN
fennia-3728	45	21	of	of	ADP
fennia-3728	45	22	technology	technology	NOUN
fennia-3728	45	23	and	and	CCONJ
fennia-3728	45	24	processing	processing	NOUN
fennia-3728	45	25	capacity	capacity	NOUN
fennia-3728	45	26	and	and	CCONJ
fennia-3728	45	27	by	by	ADP
fennia-3728	45	28	doing	do	VERB
fennia-3728	45	29	so	so	ADV
fennia-3728	45	30	,	,	PUNCT
fennia-3728	45	31	cutting	cut	VERB
fennia-3728	45	32	trading	trading	NOUN
fennia-3728	45	33	costs	cost	NOUN
fennia-3728	45	34	to	to	ADP
fennia-3728	45	35	a	a	DET
fennia-3728	45	36	fraction	fraction	NOUN
fennia-3728	45	37	of	of	ADP
fennia-3728	45	38	the	the	DET
fennia-3728	45	39	larger	large	ADJ
fennia-3728	45	40	,	,	PUNCT
fennia-3728	45	41	european	european	ADJ
fennia-3728	45	42	-	-	PUNCT
fennia-3728	45	43	level	level	NOUN
fennia-3728	45	44	pools	pool	NOUN
fennia-3728	45	45	of	of	ADP
fennia-3728	45	46	trading	trading	NOUN
fennia-3728	45	47	lists	list	NOUN
fennia-3728	45	48	and	and	CCONJ
fennia-3728	45	49	creation	creation	NOUN
fennia-3728	45	50	of	of	ADP
fennia-3728	45	51	truly	truly	ADV
fennia-3728	45	52	unified	unified	ADJ
fennia-3728	45	53	market	market	NOUN
fennia-3728	45	54	places	place	NOUN
fennia-3728	45	55	.	.	PUNCT
fennia-3728	46	1	turning	turn	VERB
fennia-3728	46	2	to	to	ADP
fennia-3728	46	3	financial	financial	ADJ
fennia-3728	46	4	institutions	institution	NOUN
fennia-3728	46	5	,	,	PUNCT
fennia-3728	46	6	the	the	DET
fennia-3728	46	7	international	international	ADJ
fennia-3728	46	8	consolidation	consolidation	NOUN
fennia-3728	46	9	of	of	ADP
fennia-3728	46	10	banking	banking	NOUN
fennia-3728	46	11	and	and	CCONJ
fennia-3728	46	12	insurance	insurance	NOUN
fennia-3728	46	13	industries	industry	NOUN
fennia-3728	46	14	has	have	AUX
fennia-3728	46	15	long	long	ADV
fennia-3728	46	16	been	be	AUX
fennia-3728	46	17	overdue	overdue	ADJ
fennia-3728	46	18	,	,	PUNCT
fennia-3728	46	19	with	with	ADP
fennia-3728	46	20	the	the	DET
fennia-3728	46	21	exception	exception	NOUN
fennia-3728	46	22	of	of	ADP
fennia-3728	46	23	the	the	DET
fennia-3728	46	24	nordic	nordic	ADJ
fennia-3728	46	25	area	area	NOUN
fennia-3728	46	26	and	and	CCONJ
fennia-3728	46	27	the	the	DET
fennia-3728	46	28	benelux	benelux	PROPN
fennia-3728	46	29	countries	country	NOUN
fennia-3728	46	30	,	,	PUNCT
fennia-3728	46	31	but	but	CCONJ
fennia-3728	46	32	it	it	PRON
fennia-3728	46	33	is	be	AUX
fennia-3728	46	34	very	very	ADV
fennia-3728	46	35	likely	likely	ADJ
fennia-3728	46	36	to	to	PART
fennia-3728	46	37	soon	soon	ADV
fennia-3728	46	38	gain	gain	VERB
fennia-3728	46	39	pace	pace	NOUN
fennia-3728	46	40	.	.	PUNCT
fennia-3728	47	1	the	the	DET
fennia-3728	47	2	reasons	reason	NOUN
fennia-3728	47	3	are	be	AUX
fennia-3728	47	4	not	not	PART
fennia-3728	47	5	too	too	ADV
fennia-3728	47	6	different	different	ADJ
fennia-3728	47	7	from	from	ADP
fennia-3728	47	8	those	those	PRON
fennia-3728	47	9	which	which	PRON
fennia-3728	47	10	are	be	AUX
fennia-3728	47	11	now	now	ADV
fennia-3728	47	12	transforming	transform	VERB
fennia-3728	47	13	the	the	DET
fennia-3728	47	14	stock	stock	NOUN
fennia-3728	47	15	exchange	exchange	NOUN
fennia-3728	47	16	industry	industry	NOUN
fennia-3728	47	17	.	.	PUNCT
fennia-3728	48	1	the	the	DET
fennia-3728	48	2	increasing	increase	VERB
fennia-3728	48	3	complexity	complexity	NOUN
fennia-3728	48	4	of	of	ADP
fennia-3728	48	5	both	both	DET
fennia-3728	48	6	technology	technology	NOUN
fennia-3728	48	7	and	and	CCONJ
fennia-3728	48	8	regulation	regulation	NOUN
fennia-3728	48	9	is	be	AUX
fennia-3728	48	10	increasing	increase	VERB
fennia-3728	48	11	the	the	DET
fennia-3728	48	12	economies	economy	NOUN
fennia-3728	48	13	of	of	ADP
fennia-3728	48	14	scale	scale	NOUN
fennia-3728	48	15	in	in	ADP
fennia-3728	48	16	banking	banking	NOUN
fennia-3728	48	17	,	,	PUNCT
fennia-3728	48	18	too	too	ADV
fennia-3728	48	19	,	,	PUNCT
fennia-3728	48	20	and	and	CCONJ
fennia-3728	48	21	is	be	AUX
fennia-3728	48	22	therefore	therefore	ADV
fennia-3728	48	23	building	build	VERB
fennia-3728	48	24	up	up	ADP
fennia-3728	48	25	pressure	pressure	NOUN
fennia-3728	48	26	for	for	ADP
fennia-3728	48	27	reorganisations	reorganisation	NOUN
fennia-3728	48	28	in	in	ADP
fennia-3728	48	29	the	the	DET
fennia-3728	48	30	form	form	NOUN
fennia-3728	48	31	of	of	ADP
fennia-3728	48	32	mergers	merger	NOUN
fennia-3728	48	33	and	and	CCONJ
fennia-3728	48	34	acquisitions	acquisition	NOUN
fennia-3728	48	35	.	.	PUNCT
fennia-3728	49	1	meanwhile	meanwhile	ADV
fennia-3728	49	2	,	,	PUNCT
fennia-3728	49	3	the	the	DET
fennia-3728	49	4	largest	large	ADJ
fennia-3728	49	5	commercial	commercial	ADJ
fennia-3728	49	6	banks	bank	NOUN
fennia-3728	49	7	in	in	ADP
fennia-3728	49	8	the	the	DET
fennia-3728	49	9	euro	euro	PROPN
fennia-3728	49	10	area	area	NOUN
fennia-3728	49	11	have	have	AUX
fennia-3728	49	12	formed	form	VERB
fennia-3728	49	13	a	a	DET
fennia-3728	49	14	new	new	ADJ
fennia-3728	49	15	organisation	organisation	NOUN
fennia-3728	49	16	,	,	PUNCT
fennia-3728	49	17	the	the	DET
fennia-3728	49	18	european	european	ADJ
fennia-3728	49	19	payments	payment	NOUN
fennia-3728	49	20	council	council	PROPN
fennia-3728	49	21	,	,	PUNCT
fennia-3728	49	22	to	to	PART
fennia-3728	49	23	coordinate	coordinate	VERB
fennia-3728	49	24	the	the	DET
fennia-3728	49	25	creation	creation	NOUN
fennia-3728	49	26	of	of	ADP
fennia-3728	49	27	a	a	DET
fennia-3728	49	28	single	single	ADJ
fennia-3728	49	29	euro	euro	NOUN
fennia-3728	49	30	payments	payment	NOUN
fennia-3728	49	31	area	area	NOUN
fennia-3728	49	32	as	as	SCONJ
fennia-3728	49	33	required	require	VERB
fennia-3728	49	34	by	by	ADP
fennia-3728	49	35	the	the	DET
fennia-3728	49	36	ecb	ecb	PROPN
fennia-3728	49	37	and	and	CCONJ
fennia-3728	49	38	the	the	DET
fennia-3728	49	39	commission	commission	NOUN
fennia-3728	49	40	(	(	PUNCT
fennia-3728	49	41	ecb	ecb	PROPN
fennia-3728	49	42	2006	2006	NUM
fennia-3728	49	43	)	)	PUNCT
fennia-3728	49	44	.	.	PUNCT
fennia-3728	50	1	globalisation	globalisation	NOUN
fennia-3728	50	2	and	and	CCONJ
fennia-3728	50	3	finance	finance	NOUN
fennia-3728	50	4	globally	globally	ADV
fennia-3728	50	5	,	,	PUNCT
fennia-3728	50	6	the	the	DET
fennia-3728	50	7	degree	degree	NOUN
fennia-3728	50	8	of	of	ADP
fennia-3728	50	9	financial	financial	ADJ
fennia-3728	50	10	integration	integration	NOUN
fennia-3728	50	11	achieved	achieve	VERB
fennia-3728	50	12	so	so	ADV
fennia-3728	50	13	far	far	ADV
fennia-3728	50	14	is	be	AUX
fennia-3728	50	15	obviously	obviously	ADV
fennia-3728	50	16	smaller	small	ADJ
fennia-3728	50	17	than	than	ADP
fennia-3728	50	18	in	in	ADP
fennia-3728	50	19	the	the	DET
fennia-3728	50	20	euro	euro	NOUN
fennia-3728	50	21	area	area	NOUN
fennia-3728	50	22	or	or	CCONJ
fennia-3728	50	23	even	even	ADV
fennia-3728	50	24	in	in	ADP
fennia-3728	50	25	the	the	DET
fennia-3728	50	26	whole	whole	ADJ
fennia-3728	50	27	eu	eu	PROPN
fennia-3728	50	28	.	.	PUNCT
fennia-3728	51	1	however	however	ADV
fennia-3728	51	2	,	,	PUNCT
fennia-3728	51	3	the	the	DET
fennia-3728	51	4	past	past	ADJ
fennia-3728	51	5	and	and	CCONJ
fennia-3728	51	6	present	present	ADJ
fennia-3728	51	7	global	global	ADJ
fennia-3728	51	8	level	level	NOUN
fennia-3728	51	9	changes	change	NOUN
fennia-3728	51	10	also	also	ADV
fennia-3728	51	11	have	have	VERB
fennia-3728	51	12	such	such	ADJ
fennia-3728	51	13	huge	huge	ADJ
fennia-3728	51	14	proportions	proportion	NOUN
fennia-3728	51	15	that	that	PRON
fennia-3728	51	16	calling	call	VERB
fennia-3728	51	17	them	they	PRON
fennia-3728	51	18	“	"	PUNCT
fennia-3728	51	19	epic	epic	ADJ
fennia-3728	51	20	”	"	PUNCT
fennia-3728	51	21	would	would	AUX
fennia-3728	51	22	be	be	AUX
fennia-3728	51	23	no	no	DET
fennia-3728	51	24	exaggeration	exaggeration	NOUN
fennia-3728	51	25	.	.	PUNCT
fennia-3728	52	1	the	the	DET
fennia-3728	52	2	most	most	ADV
fennia-3728	52	3	important	important	ADJ
fennia-3728	52	4	part	part	NOUN
fennia-3728	52	5	of	of	ADP
fennia-3728	52	6	these	these	DET
fennia-3728	52	7	developments	development	NOUN
fennia-3728	52	8	is	be	AUX
fennia-3728	52	9	the	the	DET
fennia-3728	52	10	entry	entry	NOUN
fennia-3728	52	11	of	of	ADP
fennia-3728	52	12	developing	develop	VERB
fennia-3728	52	13	asia	asia	PROPN
fennia-3728	52	14	into	into	ADP
fennia-3728	52	15	the	the	DET
fennia-3728	52	16	global	global	ADJ
fennia-3728	52	17	financial	financial	ADJ
fennia-3728	52	18	markets	market	NOUN
fennia-3728	52	19	,	,	PUNCT
fennia-3728	52	20	both	both	CCONJ
fennia-3728	52	21	as	as	ADP
fennia-3728	52	22	a	a	DET
fennia-3728	52	23	target	target	NOUN
fennia-3728	52	24	and	and	CCONJ
fennia-3728	52	25	a	a	DET
fennia-3728	52	26	source	source	NOUN
fennia-3728	52	27	of	of	ADP
fennia-3728	52	28	international	international	ADJ
fennia-3728	52	29	investment	investment	NOUN
fennia-3728	52	30	.	.	PUNCT
fennia-3728	53	1	in	in	ADP
fennia-3728	53	2	particular	particular	ADJ
fennia-3728	53	3	,	,	PUNCT
fennia-3728	53	4	the	the	DET
fennia-3728	53	5	emergence	emergence	NOUN
fennia-3728	53	6	of	of	ADP
fennia-3728	53	7	china	china	PROPN
fennia-3728	53	8	as	as	ADP
fennia-3728	53	9	a	a	DET
fennia-3728	53	10	major	major	ADJ
fennia-3728	53	11	player	player	NOUN
fennia-3728	53	12	in	in	ADP
fennia-3728	53	13	international	international	ADJ
fennia-3728	53	14	financial	financial	ADJ
fennia-3728	53	15	markets	market	NOUN
fennia-3728	53	16	has	have	AUX
fennia-3728	53	17	brought	bring	VERB
fennia-3728	53	18	1300	1300	NUM
fennia-3728	53	19	million	million	NUM
fennia-3728	53	20	people	people	NOUN
fennia-3728	53	21	for	for	ADP
fennia-3728	53	22	the	the	DET
fennia-3728	53	23	first	first	ADJ
fennia-3728	53	24	time	time	NOUN
fennia-3728	53	25	in	in	ADP
fennia-3728	53	26	contact	contact	NOUN
fennia-3728	53	27	with	with	ADP
fennia-3728	53	28	world	world	NOUN
fennia-3728	53	29	’s	’s	PART
fennia-3728	53	30	capital	capital	NOUN
fennia-3728	53	31	resources	resource	NOUN
fennia-3728	53	32	.	.	PUNCT
fennia-3728	54	1	the	the	DET
fennia-3728	54	2	financial	financial	ADJ
fennia-3728	54	3	liberalisation	liberalisation	NOUN
fennia-3728	54	4	of	of	ADP
fennia-3728	54	5	india	india	PROPN
fennia-3728	54	6	,	,	PUNCT
fennia-3728	54	7	with	with	ADP
fennia-3728	54	8	its	its	PRON
fennia-3728	54	9	1000	1000	NUM
fennia-3728	54	10	million	million	NUM
fennia-3728	54	11	inhabitants	inhabitant	NOUN
fennia-3728	54	12	,	,	PUNCT
fennia-3728	54	13	has	have	VERB
fennia-3728	54	14	a	a	DET
fennia-3728	54	15	potential	potential	NOUN
fennia-3728	54	16	similar	similar	ADJ
fennia-3728	54	17	to	to	ADP
fennia-3728	54	18	china	china	PROPN
fennia-3728	54	19	to	to	PART
fennia-3728	54	20	transform	transform	VERB
fennia-3728	54	21	the	the	DET
fennia-3728	54	22	world	world	NOUN
fennia-3728	54	23	economy	economy	NOUN
fennia-3728	54	24	.	.	PUNCT
fennia-3728	55	1	it	it	PRON
fennia-3728	55	2	seems	seem	VERB
fennia-3728	55	3	certain	certain	ADJ
fennia-3728	55	4	that	that	SCONJ
fennia-3728	55	5	only	only	ADV
fennia-3728	55	6	a	a	DET
fennia-3728	55	7	small	small	ADJ
fennia-3728	55	8	part	part	NOUN
fennia-3728	55	9	of	of	ADP
fennia-3728	55	10	the	the	DET
fennia-3728	55	11	eventual	eventual	ADJ
fennia-3728	55	12	impact	impact	NOUN
fennia-3728	55	13	on	on	ADP
fennia-3728	55	14	the	the	DET
fennia-3728	55	15	world	world	NOUN
fennia-3728	55	16	financial	financial	ADJ
fennia-3728	55	17	markets	market	NOUN
fennia-3728	55	18	arising	arise	VERB
fennia-3728	55	19	from	from	ADP
fennia-3728	55	20	the	the	DET
fennia-3728	55	21	opening	opening	NOUN
fennia-3728	55	22	up	up	ADP
fennia-3728	55	23	of	of	ADP
fennia-3728	55	24	these	these	DET
fennia-3728	55	25	giant	giant	ADJ
fennia-3728	55	26	asian	asian	ADJ
fennia-3728	55	27	economies	economy	NOUN
fennia-3728	55	28	has	have	AUX
fennia-3728	55	29	yet	yet	ADV
fennia-3728	55	30	been	be	AUX
fennia-3728	55	31	experienced	experience	VERB
fennia-3728	55	32	,	,	PUNCT
fennia-3728	55	33	and	and	CCONJ
fennia-3728	55	34	much	much	ADV
fennia-3728	55	35	more	more	ADJ
fennia-3728	55	36	is	be	AUX
fennia-3728	55	37	to	to	PART
fennia-3728	55	38	come	come	VERB
fennia-3728	55	39	.	.	PUNCT
fennia-3728	56	1	this	this	DET
fennia-3728	56	2	prospect	prospect	NOUN
fennia-3728	56	3	has	have	AUX
fennia-3728	56	4	attracted	attract	VERB
fennia-3728	56	5	an	an	DET
fennia-3728	56	6	fennia	fennia	NOUN
fennia-3728	56	7	184	184	NUM
fennia-3728	56	8	:	:	SYM
fennia-3728	56	9	1	1	NUM
fennia-3728	56	10	(	(	PUNCT
fennia-3728	56	11	2006	2006	NUM
fennia-3728	56	12	)	)	PUNCT
fennia-3728	56	13	21geographical	21geographical	ADP
fennia-3728	57	1	impacts	impact	NOUN
fennia-3728	57	2	of	of	ADP
fennia-3728	57	3	financial	financial	ADJ
fennia-3728	57	4	integration	integration	NOUN
fennia-3728	57	5	enormous	enormous	ADJ
fennia-3728	57	6	amount	amount	NOUN
fennia-3728	57	7	of	of	ADP
fennia-3728	57	8	public	public	ADJ
fennia-3728	57	9	attention	attention	NOUN
fennia-3728	57	10	in	in	ADP
fennia-3728	57	11	the	the	DET
fennia-3728	57	12	last	last	ADJ
fennia-3728	57	13	years	year	NOUN
fennia-3728	57	14	.	.	PUNCT
fennia-3728	58	1	much	much	ADJ
fennia-3728	58	2	of	of	ADP
fennia-3728	58	3	the	the	DET
fennia-3728	58	4	current	current	ADJ
fennia-3728	58	5	globalisation	globalisation	NOUN
fennia-3728	58	6	debate	debate	NOUN
fennia-3728	58	7	has	have	AUX
fennia-3728	58	8	focussed	focusse	VERB
fennia-3728	58	9	on	on	ADP
fennia-3728	58	10	the	the	DET
fennia-3728	58	11	alleged	allege	VERB
fennia-3728	58	12	“	"	PUNCT
fennia-3728	58	13	flight	flight	NOUN
fennia-3728	58	14	of	of	ADP
fennia-3728	58	15	capital	capital	NOUN
fennia-3728	58	16	”	"	PUNCT
fennia-3728	58	17	to	to	ADP
fennia-3728	58	18	asia	asia	PROPN
fennia-3728	58	19	,	,	PUNCT
fennia-3728	58	20	but	but	CCONJ
fennia-3728	58	21	the	the	DET
fennia-3728	58	22	facts	fact	NOUN
fennia-3728	58	23	do	do	AUX
fennia-3728	58	24	not	not	PART
fennia-3728	58	25	support	support	VERB
fennia-3728	58	26	this	this	DET
fennia-3728	58	27	belief	belief	NOUN
fennia-3728	58	28	.	.	PUNCT
fennia-3728	59	1	in	in	ADP
fennia-3728	59	2	fact	fact	NOUN
fennia-3728	59	3	,	,	PUNCT
fennia-3728	59	4	ever	ever	ADV
fennia-3728	59	5	since	since	SCONJ
fennia-3728	59	6	the	the	DET
fennia-3728	59	7	asian	asian	ADJ
fennia-3728	59	8	crisis	crisis	NOUN
fennia-3728	59	9	of	of	ADP
fennia-3728	59	10	1997	1997	NUM
fennia-3728	59	11	,	,	PUNCT
fennia-3728	59	12	the	the	DET
fennia-3728	59	13	developing	develop	VERB
fennia-3728	59	14	asia	asia	PROPN
fennia-3728	59	15	has	have	AUX
fennia-3728	59	16	been	be	AUX
fennia-3728	59	17	a	a	DET
fennia-3728	59	18	capital	capital	NOUN
fennia-3728	59	19	exporter	exporter	NOUN
fennia-3728	59	20	rather	rather	ADV
fennia-3728	59	21	than	than	ADP
fennia-3728	59	22	importer	importer	NOUN
fennia-3728	59	23	.	.	PUNCT
fennia-3728	60	1	in	in	ADP
fennia-3728	60	2	other	other	ADJ
fennia-3728	60	3	words	word	NOUN
fennia-3728	60	4	,	,	PUNCT
fennia-3728	60	5	any	any	DET
fennia-3728	60	6	investment	investment	NOUN
fennia-3728	60	7	from	from	ADP
fennia-3728	60	8	the	the	DET
fennia-3728	60	9	developed	develop	VERB
fennia-3728	60	10	west	west	NOUN
fennia-3728	60	11	to	to	ADP
fennia-3728	60	12	developing	develop	VERB
fennia-3728	60	13	asia	asia	PROPN
fennia-3728	60	14	has	have	AUX
fennia-3728	60	15	been	be	AUX
fennia-3728	60	16	more	more	ADV
fennia-3728	60	17	than	than	ADP
fennia-3728	60	18	matched	match	VERB
fennia-3728	60	19	by	by	ADP
fennia-3728	60	20	investment	investment	NOUN
fennia-3728	60	21	to	to	ADP
fennia-3728	60	22	the	the	DET
fennia-3728	60	23	opposite	opposite	ADJ
fennia-3728	60	24	direction	direction	NOUN
fennia-3728	60	25	,	,	PUNCT
fennia-3728	60	26	from	from	ADP
fennia-3728	60	27	these	these	DET
fennia-3728	60	28	relatively	relatively	ADV
fennia-3728	60	29	poor	poor	ADJ
fennia-3728	60	30	countries	country	NOUN
fennia-3728	60	31	to	to	AUX
fennia-3728	60	32	world	world	VERB
fennia-3728	60	33	financial	financial	ADJ
fennia-3728	60	34	markets	market	NOUN
fennia-3728	60	35	–	–	PUNCT
fennia-3728	60	36	in	in	ADP
fennia-3728	60	37	many	many	ADJ
fennia-3728	60	38	cases	case	NOUN
fennia-3728	60	39	ultimately	ultimately	ADV
fennia-3728	60	40	to	to	ADP
fennia-3728	60	41	the	the	DET
fennia-3728	60	42	u.s	u.s	PROPN
fennia-3728	60	43	.	.	PROPN
fennia-3728	60	44	government	government	NOUN
fennia-3728	60	45	securities	security	NOUN
fennia-3728	60	46	(	(	PUNCT
fennia-3728	60	47	see	see	VERB
fennia-3728	60	48	imf	imf	PROPN
fennia-3728	60	49	2004	2004	NUM
fennia-3728	60	50	)	)	PUNCT
fennia-3728	60	51	.	.	PUNCT
fennia-3728	61	1	in	in	ADP
fennia-3728	61	2	view	view	NOUN
fennia-3728	61	3	of	of	ADP
fennia-3728	61	4	this	this	PRON
fennia-3728	61	5	,	,	PUNCT
fennia-3728	61	6	a	a	DET
fennia-3728	61	7	fair	fair	ADJ
fennia-3728	61	8	characterization	characterization	NOUN
fennia-3728	61	9	of	of	ADP
fennia-3728	61	10	the	the	DET
fennia-3728	61	11	asian	asian	ADJ
fennia-3728	61	12	participation	participation	NOUN
fennia-3728	61	13	in	in	ADP
fennia-3728	61	14	“	"	PUNCT
fennia-3728	61	15	globalisation	globalisation	NOUN
fennia-3728	61	16	”	"	PUNCT
fennia-3728	61	17	so	so	ADV
fennia-3728	61	18	far	far	ADV
fennia-3728	61	19	denotes	denote	NOUN
fennia-3728	61	20	to	to	ADP
fennia-3728	61	21	markets	market	NOUN
fennia-3728	61	22	for	for	ADP
fennia-3728	61	23	industrial	industrial	ADJ
fennia-3728	61	24	exports	export	NOUN
fennia-3728	61	25	and	and	CCONJ
fennia-3728	61	26	raw	raw	ADJ
fennia-3728	61	27	materials	material	NOUN
fennia-3728	61	28	imports	import	NOUN
fennia-3728	61	29	rather	rather	ADV
fennia-3728	61	30	than	than	ADP
fennia-3728	61	31	in	in	ADP
fennia-3728	61	32	capital	capital	NOUN
fennia-3728	61	33	markets	market	NOUN
fennia-3728	61	34	.	.	PUNCT
fennia-3728	62	1	it	it	PRON
fennia-3728	62	2	has	have	AUX
fennia-3728	62	3	been	be	AUX
fennia-3728	62	4	mainly	mainly	ADV
fennia-3728	62	5	based	base	VERB
fennia-3728	62	6	on	on	ADP
fennia-3728	62	7	rapid	rapid	ADJ
fennia-3728	62	8	acquisition	acquisition	NOUN
fennia-3728	62	9	of	of	ADP
fennia-3728	62	10	technological	technological	ADJ
fennia-3728	62	11	and	and	CCONJ
fennia-3728	62	12	commercial	commercial	ADJ
fennia-3728	62	13	know	know	NOUN
fennia-3728	62	14	-	-	PUNCT
fennia-3728	62	15	how	how	NOUN
fennia-3728	62	16	and	and	CCONJ
fennia-3728	62	17	deregulation	deregulation	NOUN
fennia-3728	62	18	,	,	PUNCT
fennia-3728	62	19	which	which	PRON
fennia-3728	62	20	has	have	AUX
fennia-3728	62	21	allowed	allow	VERB
fennia-3728	62	22	chinese	chinese	ADJ
fennia-3728	62	23	and	and	CCONJ
fennia-3728	62	24	indian	indian	ADJ
fennia-3728	62	25	factories	factory	NOUN
fennia-3728	62	26	to	to	PART
fennia-3728	62	27	apply	apply	VERB
fennia-3728	62	28	this	this	DET
fennia-3728	62	29	know	know	NOUN
fennia-3728	62	30	-	-	PUNCT
fennia-3728	62	31	how	how	NOUN
fennia-3728	62	32	.	.	PUNCT
fennia-3728	63	1	although	although	SCONJ
fennia-3728	63	2	much	much	ADJ
fennia-3728	63	3	of	of	ADP
fennia-3728	63	4	the	the	DET
fennia-3728	63	5	technological	technological	ADJ
fennia-3728	63	6	transfer	transfer	NOUN
fennia-3728	63	7	has	have	AUX
fennia-3728	63	8	been	be	AUX
fennia-3728	63	9	initiated	initiate	VERB
fennia-3728	63	10	by	by	ADP
fennia-3728	63	11	foreign	foreign	ADJ
fennia-3728	63	12	direct	direct	ADJ
fennia-3728	63	13	investment	investment	NOUN
fennia-3728	63	14	in	in	ADP
fennia-3728	63	15	china	china	PROPN
fennia-3728	63	16	and	and	CCONJ
fennia-3728	63	17	india	india	PROPN
fennia-3728	63	18	,	,	PUNCT
fennia-3728	63	19	so	so	ADV
fennia-3728	63	20	far	far	ADV
fennia-3728	63	21	the	the	DET
fennia-3728	63	22	net	net	ADJ
fennia-3728	63	23	capital	capital	NOUN
fennia-3728	63	24	flow	flow	NOUN
fennia-3728	63	25	has	have	AUX
fennia-3728	63	26	scarcely	scarcely	ADV
fennia-3728	63	27	reflected	reflect	VERB
fennia-3728	63	28	the	the	DET
fennia-3728	63	29	congregation	congregation	NOUN
fennia-3728	63	30	of	of	ADP
fennia-3728	63	31	china	china	PROPN
fennia-3728	63	32	’s	’s	PART
fennia-3728	63	33	and	and	CCONJ
fennia-3728	63	34	india	india	PROPN
fennia-3728	63	35	’s	’s	PART
fennia-3728	63	36	capital	capital	NOUN
fennia-3728	63	37	needs	need	VERB
fennia-3728	63	38	with	with	ADP
fennia-3728	63	39	the	the	DET
fennia-3728	63	40	capital	capital	NOUN
fennia-3728	63	41	resources	resource	NOUN
fennia-3728	63	42	of	of	ADP
fennia-3728	63	43	the	the	DET
fennia-3728	63	44	developed	developed	ADJ
fennia-3728	63	45	world	world	NOUN
fennia-3728	63	46	.	.	PUNCT
fennia-3728	64	1	the	the	DET
fennia-3728	64	2	reasons	reason	NOUN
fennia-3728	64	3	for	for	ADP
fennia-3728	64	4	the	the	DET
fennia-3728	64	5	yet	yet	ADV
fennia-3728	64	6	incompletely	incompletely	ADV
fennia-3728	64	7	accomplished	accomplished	ADJ
fennia-3728	64	8	potential	potential	NOUN
fennia-3728	64	9	of	of	ADP
fennia-3728	64	10	developing	develop	VERB
fennia-3728	64	11	asia	asia	PROPN
fennia-3728	64	12	in	in	ADP
fennia-3728	64	13	the	the	DET
fennia-3728	64	14	international	international	ADJ
fennia-3728	64	15	financial	financial	ADJ
fennia-3728	64	16	markets	market	NOUN
fennia-3728	64	17	lie	lie	VERB
fennia-3728	64	18	behind	behind	ADP
fennia-3728	64	19	the	the	DET
fennia-3728	64	20	painful	painful	ADJ
fennia-3728	64	21	experience	experience	NOUN
fennia-3728	64	22	of	of	ADP
fennia-3728	64	23	the	the	DET
fennia-3728	64	24	asian	asian	ADJ
fennia-3728	64	25	crisis	crisis	NOUN
fennia-3728	64	26	of	of	ADP
fennia-3728	64	27	1997	1997	NUM
fennia-3728	64	28	.	.	PUNCT
fennia-3728	65	1	the	the	DET
fennia-3728	65	2	crisis	crisis	NOUN
fennia-3728	65	3	was	be	AUX
fennia-3728	65	4	caused	cause	VERB
fennia-3728	65	5	by	by	ADP
fennia-3728	65	6	extensive	extensive	ADJ
fennia-3728	65	7	over	over	NOUN
fennia-3728	65	8	-	-	PUNCT
fennia-3728	65	9	borrowing	borrowing	NOUN
fennia-3728	65	10	by	by	ADP
fennia-3728	65	11	a	a	DET
fennia-3728	65	12	number	number	NOUN
fennia-3728	65	13	of	of	ADP
fennia-3728	65	14	countries	country	NOUN
fennia-3728	65	15	in	in	ADP
fennia-3728	65	16	the	the	DET
fennia-3728	65	17	form	form	NOUN
fennia-3728	65	18	of	of	ADP
fennia-3728	65	19	short	short	ADJ
fennia-3728	65	20	-	-	PUNCT
fennia-3728	65	21	term	term	NOUN
fennia-3728	65	22	bank	bank	NOUN
fennia-3728	65	23	loans	loan	NOUN
fennia-3728	65	24	.	.	PUNCT
fennia-3728	66	1	this	this	PRON
fennia-3728	66	2	exposed	expose	VERB
fennia-3728	66	3	the	the	DET
fennia-3728	66	4	weakness	weakness	NOUN
fennia-3728	66	5	of	of	ADP
fennia-3728	66	6	the	the	DET
fennia-3728	66	7	institutions	institution	NOUN
fennia-3728	66	8	which	which	PRON
fennia-3728	66	9	are	be	AUX
fennia-3728	66	10	needed	need	VERB
fennia-3728	66	11	to	to	PART
fennia-3728	66	12	channel	channel	VERB
fennia-3728	66	13	capital	capital	NOUN
fennia-3728	66	14	from	from	ADP
fennia-3728	66	15	developed	develop	VERB
fennia-3728	66	16	to	to	ADP
fennia-3728	66	17	the	the	DET
fennia-3728	66	18	developing	develop	VERB
fennia-3728	66	19	world	world	NOUN
fennia-3728	66	20	.	.	PUNCT
fennia-3728	67	1	serious	serious	ADJ
fennia-3728	67	2	problems	problem	NOUN
fennia-3728	67	3	existed	exist	VERB
fennia-3728	67	4	in	in	ADP
fennia-3728	67	5	the	the	DET
fennia-3728	67	6	risk	risk	NOUN
fennia-3728	67	7	management	management	NOUN
fennia-3728	67	8	of	of	ADP
fennia-3728	67	9	the	the	DET
fennia-3728	67	10	lending	lending	NOUN
fennia-3728	67	11	banks	bank	NOUN
fennia-3728	67	12	,	,	PUNCT
fennia-3728	67	13	but	but	CCONJ
fennia-3728	67	14	especially	especially	ADV
fennia-3728	67	15	in	in	ADP
fennia-3728	67	16	the	the	DET
fennia-3728	67	17	management	management	NOUN
fennia-3728	67	18	practices	practice	NOUN
fennia-3728	67	19	,	,	PUNCT
fennia-3728	67	20	economic	economic	ADJ
fennia-3728	67	21	transparency	transparency	NOUN
fennia-3728	67	22	,	,	PUNCT
fennia-3728	67	23	and	and	CCONJ
fennia-3728	67	24	the	the	DET
fennia-3728	67	25	legal	legal	ADJ
fennia-3728	67	26	systems	system	NOUN
fennia-3728	67	27	of	of	ADP
fennia-3728	67	28	the	the	DET
fennia-3728	67	29	asian	asian	ADJ
fennia-3728	67	30	countries	country	NOUN
fennia-3728	67	31	.	.	PUNCT
fennia-3728	68	1	since	since	SCONJ
fennia-3728	68	2	the	the	DET
fennia-3728	68	3	1997	1997	NUM
fennia-3728	68	4	crisis	crisis	NOUN
fennia-3728	68	5	,	,	PUNCT
fennia-3728	68	6	asian	asian	ADJ
fennia-3728	68	7	governments	government	NOUN
fennia-3728	68	8	have	have	AUX
fennia-3728	68	9	been	be	AUX
fennia-3728	68	10	reluctant	reluctant	ADJ
fennia-3728	68	11	to	to	PART
fennia-3728	68	12	allow	allow	VERB
fennia-3728	68	13	large	large	ADJ
fennia-3728	68	14	-	-	PUNCT
fennia-3728	68	15	scale	scale	NOUN
fennia-3728	68	16	dependence	dependence	NOUN
fennia-3728	68	17	on	on	ADP
fennia-3728	68	18	foreign	foreign	ADJ
fennia-3728	68	19	capital	capital	NOUN
fennia-3728	68	20	,	,	PUNCT
fennia-3728	68	21	and	and	CCONJ
fennia-3728	68	22	are	be	AUX
fennia-3728	68	23	effectively	effectively	ADV
fennia-3728	68	24	using	use	VERB
fennia-3728	68	25	all	all	DET
fennia-3728	68	26	funds	fund	NOUN
fennia-3728	68	27	flowing	flow	VERB
fennia-3728	68	28	into	into	ADP
fennia-3728	68	29	their	their	PRON
fennia-3728	68	30	countries	country	NOUN
fennia-3728	68	31	for	for	ADP
fennia-3728	68	32	accumulating	accumulate	VERB
fennia-3728	68	33	foreign	foreign	ADJ
fennia-3728	68	34	exchange	exchange	NOUN
fennia-3728	68	35	reserves	reserve	NOUN
fennia-3728	68	36	rather	rather	ADV
fennia-3728	68	37	than	than	ADP
fennia-3728	68	38	importing	import	VERB
fennia-3728	68	39	more	more	ADJ
fennia-3728	68	40	capital	capital	NOUN
fennia-3728	68	41	goods	good	NOUN
fennia-3728	68	42	.	.	PUNCT
fennia-3728	69	1	thus	thus	ADV
fennia-3728	69	2	,	,	PUNCT
fennia-3728	69	3	they	they	PRON
fennia-3728	69	4	have	have	AUX
fennia-3728	69	5	chosen	choose	VERB
fennia-3728	69	6	an	an	DET
fennia-3728	69	7	exportled	exportle	VERB
fennia-3728	69	8	growth	growth	NOUN
fennia-3728	69	9	strategy	strategy	NOUN
fennia-3728	69	10	,	,	PUNCT
fennia-3728	69	11	which	which	PRON
fennia-3728	69	12	uses	use	VERB
fennia-3728	69	13	domestic	domestic	ADJ
fennia-3728	69	14	saving	saving	NOUN
fennia-3728	69	15	as	as	ADP
fennia-3728	69	16	the	the	DET
fennia-3728	69	17	ultimate	ultimate	ADJ
fennia-3728	69	18	source	source	NOUN
fennia-3728	69	19	for	for	ADP
fennia-3728	69	20	financing	finance	VERB
fennia-3728	69	21	their	their	PRON
fennia-3728	69	22	rapid	rapid	ADJ
fennia-3728	69	23	expansion	expansion	NOUN
fennia-3728	69	24	.	.	PUNCT
fennia-3728	70	1	this	this	DET
fennia-3728	70	2	cautious	cautious	ADJ
fennia-3728	70	3	strategy	strategy	NOUN
fennia-3728	70	4	has	have	AUX
fennia-3728	70	5	caused	cause	VERB
fennia-3728	70	6	a	a	DET
fennia-3728	70	7	lot	lot	NOUN
fennia-3728	70	8	of	of	ADP
fennia-3728	70	9	frustration	frustration	NOUN
fennia-3728	70	10	in	in	ADP
fennia-3728	70	11	the	the	DET
fennia-3728	70	12	west	west	NOUN
fennia-3728	70	13	,	,	PUNCT
fennia-3728	70	14	as	as	SCONJ
fennia-3728	70	15	exports	export	NOUN
fennia-3728	70	16	to	to	ADP
fennia-3728	70	17	the	the	DET
fennia-3728	70	18	developed	developed	ADJ
fennia-3728	70	19	world	world	NOUN
fennia-3728	70	20	from	from	ADP
fennia-3728	70	21	the	the	DET
fennia-3728	70	22	developing	develop	VERB
fennia-3728	70	23	asia	asia	PROPN
fennia-3728	70	24	clearly	clearly	ADV
fennia-3728	70	25	exceed	exceed	VERB
fennia-3728	70	26	the	the	DET
fennia-3728	70	27	imports	import	NOUN
fennia-3728	70	28	.	.	PUNCT
fennia-3728	71	1	however	however	ADV
fennia-3728	71	2	,	,	PUNCT
fennia-3728	71	3	after	after	ADP
fennia-3728	71	4	the	the	DET
fennia-3728	71	5	asian	asian	ADJ
fennia-3728	71	6	crisis	crisis	NOUN
fennia-3728	71	7	,	,	PUNCT
fennia-3728	71	8	the	the	DET
fennia-3728	71	9	international	international	ADJ
fennia-3728	71	10	community	community	NOUN
fennia-3728	71	11	has	have	AUX
fennia-3728	71	12	started	start	VERB
fennia-3728	71	13	a	a	DET
fennia-3728	71	14	great	great	ADJ
fennia-3728	71	15	effort	effort	NOUN
fennia-3728	71	16	to	to	PART
fennia-3728	71	17	increase	increase	VERB
fennia-3728	71	18	the	the	DET
fennia-3728	71	19	stability	stability	NOUN
fennia-3728	71	20	of	of	ADP
fennia-3728	71	21	the	the	DET
fennia-3728	71	22	global	global	ADJ
fennia-3728	71	23	financial	financial	ADJ
fennia-3728	71	24	markets	market	NOUN
fennia-3728	71	25	and	and	CCONJ
fennia-3728	71	26	to	to	PART
fennia-3728	71	27	create	create	VERB
fennia-3728	71	28	a	a	DET
fennia-3728	71	29	better	well	ADJ
fennia-3728	71	30	,	,	PUNCT
fennia-3728	71	31	more	more	ADV
fennia-3728	71	32	secure	secure	ADJ
fennia-3728	71	33	environment	environment	NOUN
fennia-3728	71	34	for	for	ADP
fennia-3728	71	35	investing	invest	VERB
fennia-3728	71	36	in	in	ADP
fennia-3728	71	37	the	the	DET
fennia-3728	71	38	developing	develop	VERB
fennia-3728	71	39	countries	country	NOUN
fennia-3728	71	40	.	.	PUNCT
fennia-3728	72	1	the	the	DET
fennia-3728	72	2	international	international	ADJ
fennia-3728	72	3	monetary	monetary	ADJ
fennia-3728	72	4	fund	fund	NOUN
fennia-3728	72	5	(	(	PUNCT
fennia-3728	72	6	imf	imf	PROPN
fennia-3728	72	7	)	)	PUNCT
fennia-3728	72	8	,	,	PUNCT
fennia-3728	72	9	in	in	ADP
fennia-3728	72	10	particular	particular	ADJ
fennia-3728	72	11	,	,	PUNCT
fennia-3728	72	12	started	start	VERB
fennia-3728	72	13	to	to	PART
fennia-3728	72	14	work	work	VERB
fennia-3728	72	15	consistently	consistently	ADV
fennia-3728	72	16	for	for	ADP
fennia-3728	72	17	ensuring	ensure	VERB
fennia-3728	72	18	sound	sound	ADJ
fennia-3728	72	19	economic	economic	ADJ
fennia-3728	72	20	governance	governance	NOUN
fennia-3728	72	21	in	in	ADP
fennia-3728	72	22	all	all	DET
fennia-3728	72	23	countries	country	NOUN
fennia-3728	72	24	of	of	ADP
fennia-3728	72	25	the	the	DET
fennia-3728	72	26	world	world	NOUN
fennia-3728	72	27	.	.	PUNCT
fennia-3728	73	1	traditionally	traditionally	ADV
fennia-3728	73	2	,	,	PUNCT
fennia-3728	73	3	the	the	DET
fennia-3728	73	4	role	role	NOUN
fennia-3728	73	5	of	of	ADP
fennia-3728	73	6	the	the	DET
fennia-3728	73	7	imf	imf	PROPN
fennia-3728	73	8	has	have	AUX
fennia-3728	73	9	been	be	AUX
fennia-3728	73	10	to	to	PART
fennia-3728	73	11	provide	provide	VERB
fennia-3728	73	12	emergency	emergency	NOUN
fennia-3728	73	13	support	support	NOUN
fennia-3728	73	14	for	for	ADP
fennia-3728	73	15	countries	country	NOUN
fennia-3728	73	16	falling	fall	VERB
fennia-3728	73	17	into	into	ADP
fennia-3728	73	18	balance	balance	NOUN
fennia-3728	73	19	-	-	PUNCT
fennia-3728	73	20	ofpayments	ofpayment	NOUN
fennia-3728	73	21	difficulties	difficulty	NOUN
fennia-3728	73	22	such	such	ADJ
fennia-3728	73	23	as	as	ADP
fennia-3728	73	24	currency	currency	NOUN
fennia-3728	73	25	crises	crisis	NOUN
fennia-3728	73	26	.	.	PUNCT
fennia-3728	74	1	the	the	DET
fennia-3728	74	2	new	new	ADJ
fennia-3728	74	3	role	role	NOUN
fennia-3728	74	4	of	of	ADP
fennia-3728	74	5	the	the	DET
fennia-3728	74	6	imf	imf	PROPN
fennia-3728	74	7	is	be	AUX
fennia-3728	74	8	more	more	ADV
fennia-3728	74	9	preventive	preventive	ADJ
fennia-3728	74	10	.	.	PUNCT
fennia-3728	75	1	it	it	PRON
fennia-3728	75	2	has	have	AUX
fennia-3728	75	3	started	start	VERB
fennia-3728	75	4	two	two	NUM
fennia-3728	75	5	very	very	ADV
fennia-3728	75	6	important	important	ADJ
fennia-3728	75	7	programmes	programme	NOUN
fennia-3728	75	8	for	for	ADP
fennia-3728	75	9	benchmarking	benchmarke	VERB
fennia-3728	75	10	economic	economic	ADJ
fennia-3728	75	11	policy	policy	NOUN
fennia-3728	75	12	and	and	CCONJ
fennia-3728	75	13	economic	economic	ADJ
fennia-3728	75	14	institutions	institution	NOUN
fennia-3728	75	15	across	across	ADP
fennia-3728	75	16	the	the	DET
fennia-3728	75	17	world	world	NOUN
fennia-3728	75	18	.	.	PUNCT
fennia-3728	76	1	under	under	ADP
fennia-3728	76	2	the	the	DET
fennia-3728	76	3	so	so	ADV
fennia-3728	76	4	-	-	PUNCT
fennia-3728	76	5	called	call	VERB
fennia-3728	76	6	rosc	rosc	NOUN
fennia-3728	76	7	(	(	PUNCT
fennia-3728	76	8	reports	report	NOUN
fennia-3728	76	9	on	on	ADP
fennia-3728	76	10	the	the	DET
fennia-3728	76	11	observance	observance	NOUN
fennia-3728	76	12	of	of	ADP
fennia-3728	76	13	standards	standard	NOUN
fennia-3728	76	14	and	and	CCONJ
fennia-3728	76	15	codes	code	NOUN
fennia-3728	76	16	)	)	PUNCT
fennia-3728	76	17	programme	programme	NOUN
fennia-3728	76	18	,	,	PUNCT
fennia-3728	76	19	the	the	DET
fennia-3728	76	20	imf	imf	PROPN
fennia-3728	76	21	reviews	review	VERB
fennia-3728	76	22	the	the	DET
fennia-3728	76	23	observance	observance	NOUN
fennia-3728	76	24	of	of	ADP
fennia-3728	76	25	international	international	ADJ
fennia-3728	76	26	standards	standard	NOUN
fennia-3728	76	27	and	and	CCONJ
fennia-3728	76	28	codes	code	NOUN
fennia-3728	76	29	in	in	ADP
fennia-3728	76	30	the	the	DET
fennia-3728	76	31	areas	area	NOUN
fennia-3728	76	32	of	of	ADP
fennia-3728	76	33	(	(	PUNCT
fennia-3728	76	34	1	1	X
fennia-3728	76	35	)	)	PUNCT
fennia-3728	76	36	economic	economic	ADJ
fennia-3728	76	37	and	and	CCONJ
fennia-3728	76	38	fiscal	fiscal	ADJ
fennia-3728	76	39	transparency	transparency	NOUN
fennia-3728	76	40	and	and	CCONJ
fennia-3728	76	41	availability	availability	NOUN
fennia-3728	76	42	of	of	ADP
fennia-3728	76	43	data	datum	NOUN
fennia-3728	76	44	;	;	PUNCT
fennia-3728	76	45	(	(	PUNCT
fennia-3728	76	46	2	2	X
fennia-3728	76	47	)	)	PUNCT
fennia-3728	76	48	financial	financial	ADJ
fennia-3728	76	49	sector	sector	NOUN
fennia-3728	76	50	standards	standard	NOUN
fennia-3728	76	51	such	such	ADJ
fennia-3728	76	52	as	as	ADP
fennia-3728	76	53	the	the	DET
fennia-3728	76	54	state	state	NOUN
fennia-3728	76	55	of	of	ADP
fennia-3728	76	56	financial	financial	ADJ
fennia-3728	76	57	supervision	supervision	NOUN
fennia-3728	76	58	,	,	PUNCT
fennia-3728	76	59	reliability	reliability	NOUN
fennia-3728	76	60	of	of	ADP
fennia-3728	76	61	the	the	DET
fennia-3728	76	62	payments	payment	NOUN
fennia-3728	76	63	system	system	NOUN
fennia-3728	76	64	,	,	PUNCT
fennia-3728	76	65	and	and	CCONJ
fennia-3728	76	66	combating	combat	VERB
fennia-3728	76	67	the	the	DET
fennia-3728	76	68	financing	financing	NOUN
fennia-3728	76	69	of	of	ADP
fennia-3728	76	70	terrorism	terrorism	NOUN
fennia-3728	76	71	;	;	PUNCT
fennia-3728	76	72	(	(	PUNCT
fennia-3728	76	73	3	3	X
fennia-3728	76	74	)	)	PUNCT
fennia-3728	76	75	market	market	NOUN
fennia-3728	76	76	integrity	integrity	NOUN
fennia-3728	76	77	,	,	PUNCT
fennia-3728	76	78	including	include	VERB
fennia-3728	76	79	standards	standard	NOUN
fennia-3728	76	80	for	for	ADP
fennia-3728	76	81	corporate	corporate	ADJ
fennia-3728	76	82	governance	governance	NOUN
fennia-3728	76	83	,	,	PUNCT
fennia-3728	76	84	accounting	accounting	NOUN
fennia-3728	76	85	and	and	CCONJ
fennia-3728	76	86	auditing	auditing	NOUN
fennia-3728	76	87	,	,	PUNCT
fennia-3728	76	88	and	and	CCONJ
fennia-3728	76	89	(	(	PUNCT
fennia-3728	76	90	4	4	X
fennia-3728	76	91	)	)	PUNCT
fennia-3728	76	92	insolvency	insolvency	NOUN
fennia-3728	76	93	procedures	procedure	NOUN
fennia-3728	76	94	and	and	CCONJ
fennia-3728	76	95	creditor	creditor	NOUN
fennia-3728	76	96	rights	right	NOUN
fennia-3728	76	97	in	in	ADP
fennia-3728	76	98	each	each	DET
fennia-3728	76	99	country	country	NOUN
fennia-3728	76	100	.	.	PUNCT
fennia-3728	77	1	in	in	ADP
fennia-3728	77	2	another	another	DET
fennia-3728	77	3	important	important	ADJ
fennia-3728	77	4	programme	programme	NOUN
fennia-3728	77	5	,	,	PUNCT
fennia-3728	77	6	the	the	DET
fennia-3728	77	7	so	so	ADV
fennia-3728	77	8	called	call	VERB
fennia-3728	77	9	financial	financial	ADJ
fennia-3728	77	10	sector	sector	NOUN
fennia-3728	77	11	assessment	assessment	NOUN
fennia-3728	77	12	program	program	NOUN
fennia-3728	77	13	,	,	PUNCT
fennia-3728	77	14	the	the	DET
fennia-3728	77	15	imf	imf	PROPN
fennia-3728	77	16	looks	look	VERB
fennia-3728	77	17	at	at	ADP
fennia-3728	77	18	and	and	CCONJ
fennia-3728	77	19	reports	report	VERB
fennia-3728	77	20	on	on	ADP
fennia-3728	77	21	the	the	DET
fennia-3728	77	22	soundness	soundness	NOUN
fennia-3728	77	23	and	and	CCONJ
fennia-3728	77	24	stability	stability	NOUN
fennia-3728	77	25	of	of	ADP
fennia-3728	77	26	the	the	DET
fennia-3728	77	27	financial	financial	ADJ
fennia-3728	77	28	sector	sector	NOUN
fennia-3728	77	29	in	in	ADP
fennia-3728	77	30	each	each	DET
fennia-3728	77	31	country	country	NOUN
fennia-3728	77	32	(	(	PUNCT
fennia-3728	77	33	cf	cf	NOUN
fennia-3728	77	34	.	.	PUNCT
fennia-3728	78	1	schneider	schneider	PROPN
fennia-3728	78	2	2003	2003	NUM
fennia-3728	78	3	)	)	PUNCT
fennia-3728	78	4	.	.	PUNCT
fennia-3728	79	1	participation	participation	NOUN
fennia-3728	79	2	in	in	ADP
fennia-3728	79	3	these	these	DET
fennia-3728	79	4	imf	imf	PROPN
fennia-3728	79	5	programs	program	NOUN
fennia-3728	79	6	is	be	AUX
fennia-3728	79	7	voluntary	voluntary	ADJ
fennia-3728	79	8	,	,	PUNCT
fennia-3728	79	9	and	and	CCONJ
fennia-3728	79	10	the	the	DET
fennia-3728	79	11	asian	asian	ADJ
fennia-3728	79	12	giants	giant	NOUN
fennia-3728	79	13	have	have	AUX
fennia-3728	79	14	not	not	PART
fennia-3728	79	15	yet	yet	ADV
fennia-3728	79	16	joined	join	VERB
fennia-3728	79	17	in	in	ADV
fennia-3728	79	18	.	.	PUNCT
fennia-3728	80	1	however	however	ADV
fennia-3728	80	2	,	,	PUNCT
fennia-3728	80	3	peer	peer	NOUN
fennia-3728	80	4	pressure	pressure	NOUN
fennia-3728	80	5	and	and	CCONJ
fennia-3728	80	6	the	the	DET
fennia-3728	80	7	prospect	prospect	NOUN
fennia-3728	80	8	of	of	ADP
fennia-3728	80	9	concrete	concrete	ADJ
fennia-3728	80	10	benefits	benefit	NOUN
fennia-3728	80	11	in	in	ADP
fennia-3728	80	12	the	the	DET
fennia-3728	80	13	form	form	NOUN
fennia-3728	80	14	of	of	ADP
fennia-3728	80	15	better	well	ADJ
fennia-3728	80	16	creditworthiness	creditworthiness	NOUN
fennia-3728	80	17	encourages	encourage	VERB
fennia-3728	80	18	more	more	ADJ
fennia-3728	80	19	and	and	CCONJ
fennia-3728	80	20	more	more	ADJ
fennia-3728	80	21	countries	country	NOUN
fennia-3728	80	22	to	to	PART
fennia-3728	80	23	join	join	VERB
fennia-3728	80	24	these	these	DET
fennia-3728	80	25	efforts	effort	NOUN
fennia-3728	80	26	to	to	PART
fennia-3728	80	27	improve	improve	VERB
fennia-3728	80	28	the	the	DET
fennia-3728	80	29	performance	performance	NOUN
fennia-3728	80	30	and	and	CCONJ
fennia-3728	80	31	stability	stability	NOUN
fennia-3728	80	32	of	of	ADP
fennia-3728	80	33	international	international	ADJ
fennia-3728	80	34	financial	financial	ADJ
fennia-3728	80	35	markets	market	NOUN
fennia-3728	80	36	.	.	PUNCT
fennia-3728	81	1	in	in	ADP
fennia-3728	81	2	summary	summary	NOUN
fennia-3728	81	3	,	,	PUNCT
fennia-3728	81	4	the	the	DET
fennia-3728	81	5	current	current	ADJ
fennia-3728	81	6	developments	development	NOUN
fennia-3728	81	7	in	in	ADP
fennia-3728	81	8	international	international	ADJ
fennia-3728	81	9	financial	financial	ADJ
fennia-3728	81	10	integration	integration	NOUN
fennia-3728	81	11	suggest	suggest	VERB
fennia-3728	81	12	that	that	SCONJ
fennia-3728	81	13	even	even	ADV
fennia-3728	81	14	though	though	SCONJ
fennia-3728	81	15	financial	financial	ADJ
fennia-3728	81	16	markets	market	NOUN
fennia-3728	81	17	are	be	AUX
fennia-3728	81	18	global	global	ADJ
fennia-3728	81	19	,	,	PUNCT
fennia-3728	81	20	they	they	PRON
fennia-3728	81	21	are	be	AUX
fennia-3728	81	22	far	far	ADV
fennia-3728	81	23	from	from	ADP
fennia-3728	81	24	being	be	AUX
fennia-3728	81	25	fully	fully	ADV
fennia-3728	81	26	integrated	integrate	VERB
fennia-3728	81	27	yet	yet	ADV
fennia-3728	81	28	,	,	PUNCT
fennia-3728	81	29	and	and	CCONJ
fennia-3728	81	30	the	the	DET
fennia-3728	81	31	full	full	ADJ
fennia-3728	81	32	effects	effect	NOUN
fennia-3728	81	33	of	of	ADP
fennia-3728	81	34	financial	financial	ADJ
fennia-3728	81	35	integration	integration	NOUN
fennia-3728	81	36	are	be	AUX
fennia-3728	81	37	still	still	ADV
fennia-3728	81	38	to	to	PART
fennia-3728	81	39	be	be	AUX
fennia-3728	81	40	felt	feel	VERB
fennia-3728	81	41	.	.	PUNCT
fennia-3728	82	1	regions	region	NOUN
fennia-3728	82	2	in	in	ADP
fennia-3728	82	3	financial	financial	ADJ
fennia-3728	82	4	integration	integration	NOUN
fennia-3728	82	5	the	the	DET
fennia-3728	82	6	world	world	NOUN
fennia-3728	82	7	economy	economy	NOUN
fennia-3728	82	8	as	as	ADP
fennia-3728	82	9	a	a	DET
fennia-3728	82	10	whole	whole	NOUN
fennia-3728	82	11	should	should	AUX
fennia-3728	82	12	benefit	benefit	VERB
fennia-3728	82	13	greatly	greatly	ADV
fennia-3728	82	14	from	from	ADP
fennia-3728	82	15	better	well	ADJ
fennia-3728	82	16	integration	integration	NOUN
fennia-3728	82	17	.	.	PUNCT
fennia-3728	83	1	financial	financial	ADJ
fennia-3728	83	2	integration	integration	NOUN
fennia-3728	83	3	is	be	AUX
fennia-3728	83	4	expected	expect	VERB
fennia-3728	83	5	to	to	PART
fennia-3728	83	6	accelerate	accelerate	VERB
fennia-3728	83	7	economic	economic	ADJ
fennia-3728	83	8	growth	growth	NOUN
fennia-3728	83	9	and	and	CCONJ
fennia-3728	83	10	productivity	productivity	NOUN
fennia-3728	83	11	,	,	PUNCT
fennia-3728	83	12	as	as	SCONJ
fennia-3728	83	13	the	the	DET
fennia-3728	83	14	growing	grow	VERB
fennia-3728	83	15	supply	supply	NOUN
fennia-3728	83	16	of	of	ADP
fennia-3728	83	17	finance	finance	NOUN
fennia-3728	83	18	and	and	CCONJ
fennia-3728	83	19	new	new	ADJ
fennia-3728	83	20	productive	productive	ADJ
fennia-3728	83	21	investment	investment	NOUN
fennia-3728	83	22	opportunities	opportunity	NOUN
fennia-3728	83	23	projects	project	NOUN
fennia-3728	83	24	are	be	AUX
fennia-3728	83	25	matched	match	VERB
fennia-3728	83	26	with	with	ADP
fennia-3728	83	27	each	each	DET
fennia-3728	83	28	other	other	ADJ
fennia-3728	83	29	more	more	ADV
fennia-3728	83	30	efficiently	efficiently	ADV
fennia-3728	83	31	than	than	ADP
fennia-3728	83	32	before	before	ADV
fennia-3728	83	33	.	.	PUNCT
fennia-3728	84	1	the	the	DET
fennia-3728	84	2	distributive	distributive	ADJ
fennia-3728	84	3	and	and	CCONJ
fennia-3728	84	4	regional	regional	ADJ
fennia-3728	84	5	effects	effect	NOUN
fennia-3728	84	6	of	of	ADP
fennia-3728	84	7	integration	integration	NOUN
fennia-3728	84	8	,	,	PUNCT
fennia-3728	84	9	however	however	ADV
fennia-3728	84	10	,	,	PUNCT
fennia-3728	84	11	are	be	AUX
fennia-3728	84	12	much	much	ADV
fennia-3728	84	13	more	more	ADV
fennia-3728	84	14	complicated	complicated	ADJ
fennia-3728	84	15	.	.	PUNCT
fennia-3728	85	1	an	an	DET
fennia-3728	85	2	analysis	analysis	NOUN
fennia-3728	85	3	of	of	ADP
fennia-3728	85	4	the	the	DET
fennia-3728	85	5	effects	effect	NOUN
fennia-3728	85	6	on	on	ADP
fennia-3728	85	7	eco22	eco22	PROPN
fennia-3728	85	8	fennia	fennia	PROPN
fennia-3728	85	9	184	184	NUM
fennia-3728	85	10	:	:	SYM
fennia-3728	85	11	1	1	NUM
fennia-3728	85	12	(	(	PUNCT
fennia-3728	85	13	2006)sinikka	2006)sinikka	NUM
fennia-3728	85	14	salo	salo	NOUN
fennia-3728	85	15	nomic	nomic	ADJ
fennia-3728	85	16	regions	region	NOUN
fennia-3728	85	17	of	of	ADP
fennia-3728	85	18	the	the	DET
fennia-3728	85	19	kind	kind	NOUN
fennia-3728	85	20	of	of	ADP
fennia-3728	85	21	financial	financial	ADJ
fennia-3728	85	22	integration	integration	NOUN
fennia-3728	85	23	we	we	PRON
fennia-3728	85	24	are	be	AUX
fennia-3728	85	25	currently	currently	ADV
fennia-3728	85	26	experiencing	experience	VERB
fennia-3728	85	27	is	be	AUX
fennia-3728	85	28	particularly	particularly	ADV
fennia-3728	85	29	challenging	challenging	ADJ
fennia-3728	85	30	.	.	PUNCT
fennia-3728	86	1	this	this	PRON
fennia-3728	86	2	is	be	AUX
fennia-3728	86	3	due	due	ADJ
fennia-3728	86	4	to	to	ADP
fennia-3728	86	5	two	two	NUM
fennia-3728	86	6	main	main	ADJ
fennia-3728	86	7	reasons	reason	NOUN
fennia-3728	86	8	.	.	PUNCT
fennia-3728	87	1	first	first	ADV
fennia-3728	87	2	,	,	PUNCT
fennia-3728	87	3	the	the	DET
fennia-3728	87	4	current	current	ADJ
fennia-3728	87	5	financial	financial	ADJ
fennia-3728	87	6	integration	integration	NOUN
fennia-3728	87	7	can	can	AUX
fennia-3728	87	8	not	not	PART
fennia-3728	87	9	be	be	AUX
fennia-3728	87	10	analysed	analyse	VERB
fennia-3728	87	11	simply	simply	ADV
fennia-3728	87	12	as	as	ADP
fennia-3728	87	13	a	a	DET
fennia-3728	87	14	case	case	NOUN
fennia-3728	87	15	of	of	ADP
fennia-3728	87	16	economic	economic	ADJ
fennia-3728	87	17	regions	region	NOUN
fennia-3728	87	18	moving	move	VERB
fennia-3728	87	19	from	from	ADP
fennia-3728	87	20	financial	financial	ADJ
fennia-3728	87	21	isolation	isolation	NOUN
fennia-3728	87	22	to	to	ADP
fennia-3728	87	23	sharing	share	VERB
fennia-3728	87	24	a	a	DET
fennia-3728	87	25	common	common	ADJ
fennia-3728	87	26	financial	financial	ADJ
fennia-3728	87	27	market	market	NOUN
fennia-3728	87	28	.	.	PUNCT
fennia-3728	88	1	this	this	PRON
fennia-3728	88	2	would	would	AUX
fennia-3728	88	3	be	be	AUX
fennia-3728	88	4	the	the	DET
fennia-3728	88	5	standard	standard	ADJ
fennia-3728	88	6	approach	approach	NOUN
fennia-3728	88	7	of	of	ADP
fennia-3728	88	8	international	international	ADJ
fennia-3728	88	9	economics	economic	NOUN
fennia-3728	88	10	,	,	PUNCT
fennia-3728	88	11	but	but	CCONJ
fennia-3728	88	12	here	here	ADV
fennia-3728	88	13	it	it	PRON
fennia-3728	88	14	does	do	AUX
fennia-3728	88	15	not	not	PART
fennia-3728	88	16	apply	apply	VERB
fennia-3728	88	17	very	very	ADV
fennia-3728	88	18	well	well	ADV
fennia-3728	88	19	.	.	PUNCT
fennia-3728	89	1	in	in	ADP
fennia-3728	89	2	fact	fact	NOUN
fennia-3728	89	3	,	,	PUNCT
fennia-3728	89	4	regions	region	NOUN
fennia-3728	89	5	–	–	PUNCT
fennia-3728	89	6	referring	refer	VERB
fennia-3728	89	7	to	to	ADP
fennia-3728	89	8	areas	area	NOUN
fennia-3728	89	9	smaller	small	ADJ
fennia-3728	89	10	than	than	ADP
fennia-3728	89	11	a	a	DET
fennia-3728	89	12	country	country	NOUN
fennia-3728	89	13	–	–	PUNCT
fennia-3728	89	14	have	have	AUX
fennia-3728	89	15	been	be	AUX
fennia-3728	89	16	financially	financially	ADV
fennia-3728	89	17	integrated	integrate	VERB
fennia-3728	89	18	at	at	ADP
fennia-3728	89	19	the	the	DET
fennia-3728	89	20	national	national	ADJ
fennia-3728	89	21	level	level	NOUN
fennia-3728	89	22	already	already	ADV
fennia-3728	89	23	for	for	ADP
fennia-3728	89	24	a	a	DET
fennia-3728	89	25	long	long	ADJ
fennia-3728	89	26	time	time	NOUN
fennia-3728	89	27	.	.	PUNCT
fennia-3728	90	1	in	in	ADP
fennia-3728	90	2	finland	finland	PROPN
fennia-3728	90	3	,	,	PUNCT
fennia-3728	90	4	for	for	ADP
fennia-3728	90	5	example	example	NOUN
fennia-3728	90	6	,	,	PUNCT
fennia-3728	90	7	the	the	DET
fennia-3728	90	8	national	national	ADJ
fennia-3728	90	9	financial	financial	ADJ
fennia-3728	90	10	markets	market	NOUN
fennia-3728	90	11	have	have	AUX
fennia-3728	90	12	been	be	AUX
fennia-3728	90	13	quite	quite	ADV
fennia-3728	90	14	well	well	ADV
fennia-3728	90	15	unified	unified	ADJ
fennia-3728	90	16	for	for	ADP
fennia-3728	90	17	decades	decade	NOUN
fennia-3728	90	18	,	,	PUNCT
fennia-3728	90	19	so	so	SCONJ
fennia-3728	90	20	that	that	SCONJ
fennia-3728	90	21	speaking	speak	VERB
fennia-3728	90	22	of	of	ADP
fennia-3728	90	23	some	some	DET
fennia-3728	90	24	specific	specific	ADJ
fennia-3728	90	25	financial	financial	ADJ
fennia-3728	90	26	markets	market	NOUN
fennia-3728	90	27	of	of	ADP
fennia-3728	90	28	say	say	PROPN
fennia-3728	90	29	,	,	PUNCT
fennia-3728	90	30	the	the	DET
fennia-3728	90	31	present	present	ADJ
fennia-3728	90	32	-	-	PUNCT
fennia-3728	90	33	day	day	NOUN
fennia-3728	90	34	helsinki	helsinki	PROPN
fennia-3728	90	35	region	region	PROPN
fennia-3728	90	36	,	,	PUNCT
fennia-3728	90	37	is	be	AUX
fennia-3728	90	38	not	not	PART
fennia-3728	90	39	viable	viable	ADJ
fennia-3728	90	40	.	.	PUNCT
fennia-3728	91	1	money	money	NOUN
fennia-3728	91	2	,	,	PUNCT
fennia-3728	91	3	credit	credit	NOUN
fennia-3728	91	4	and	and	CCONJ
fennia-3728	91	5	financial	financial	ADJ
fennia-3728	91	6	investments	investment	NOUN
fennia-3728	91	7	flow	flow	VERB
fennia-3728	91	8	quite	quite	ADV
fennia-3728	91	9	smoothly	smoothly	ADV
fennia-3728	91	10	within	within	ADP
fennia-3728	91	11	finland	finland	PROPN
fennia-3728	91	12	from	from	ADP
fennia-3728	91	13	one	one	NUM
fennia-3728	91	14	region	region	NOUN
fennia-3728	91	15	to	to	ADP
fennia-3728	91	16	another	another	DET
fennia-3728	91	17	and	and	CCONJ
fennia-3728	91	18	financial	financial	ADJ
fennia-3728	91	19	conditions	condition	NOUN
fennia-3728	91	20	are	be	AUX
fennia-3728	91	21	not	not	PART
fennia-3728	91	22	too	too	ADV
fennia-3728	91	23	different	different	ADJ
fennia-3728	91	24	in	in	ADP
fennia-3728	91	25	different	different	ADJ
fennia-3728	91	26	parts	part	NOUN
fennia-3728	91	27	of	of	ADP
fennia-3728	91	28	the	the	DET
fennia-3728	91	29	country	country	NOUN
fennia-3728	91	30	.	.	PUNCT
fennia-3728	92	1	the	the	DET
fennia-3728	92	2	same	same	ADJ
fennia-3728	92	3	holds	hold	VERB
fennia-3728	92	4	true	true	ADJ
fennia-3728	92	5	for	for	ADP
fennia-3728	92	6	all	all	DET
fennia-3728	92	7	developed	develop	VERB
fennia-3728	92	8	countries	country	NOUN
fennia-3728	92	9	at	at	ADP
fennia-3728	92	10	present	present	ADJ
fennia-3728	92	11	.	.	PUNCT
fennia-3728	93	1	under	under	ADP
fennia-3728	93	2	the	the	DET
fennia-3728	93	3	circumstances	circumstance	NOUN
fennia-3728	93	4	,	,	PUNCT
fennia-3728	93	5	the	the	DET
fennia-3728	93	6	impact	impact	NOUN
fennia-3728	93	7	of	of	ADP
fennia-3728	93	8	financial	financial	ADJ
fennia-3728	93	9	integration	integration	NOUN
fennia-3728	93	10	on	on	ADP
fennia-3728	93	11	economic	economic	ADJ
fennia-3728	93	12	regions	region	NOUN
fennia-3728	93	13	can	can	AUX
fennia-3728	93	14	not	not	PART
fennia-3728	93	15	be	be	AUX
fennia-3728	93	16	analysed	analyse	VERB
fennia-3728	93	17	satisfactorily	satisfactorily	ADV
fennia-3728	93	18	by	by	ADP
fennia-3728	93	19	using	use	VERB
fennia-3728	93	20	the	the	DET
fennia-3728	93	21	simplest	simple	ADJ
fennia-3728	93	22	tools	tool	NOUN
fennia-3728	93	23	of	of	ADP
fennia-3728	93	24	international	international	ADJ
fennia-3728	93	25	economics	economic	NOUN
fennia-3728	93	26	or	or	CCONJ
fennia-3728	93	27	economic	economic	ADJ
fennia-3728	93	28	geography	geography	NOUN
fennia-3728	93	29	.	.	PUNCT
fennia-3728	94	1	instead	instead	ADV
fennia-3728	94	2	,	,	PUNCT
fennia-3728	94	3	the	the	DET
fennia-3728	94	4	question	question	NOUN
fennia-3728	94	5	is	be	AUX
fennia-3728	94	6	,	,	PUNCT
fennia-3728	94	7	how	how	SCONJ
fennia-3728	94	8	financial	financial	ADJ
fennia-3728	94	9	integration	integration	NOUN
fennia-3728	94	10	between	between	ADP
fennia-3728	94	11	nations	nation	NOUN
fennia-3728	94	12	affects	affect	VERB
fennia-3728	94	13	economic	economic	ADJ
fennia-3728	94	14	regions	region	NOUN
fennia-3728	94	15	within	within	ADP
fennia-3728	94	16	countries	country	NOUN
fennia-3728	94	17	.	.	PUNCT
fennia-3728	95	1	this	this	PRON
fennia-3728	95	2	is	be	AUX
fennia-3728	95	3	a	a	DET
fennia-3728	95	4	much	much	ADV
fennia-3728	95	5	more	more	ADV
fennia-3728	95	6	complicated	complicated	ADJ
fennia-3728	95	7	issue	issue	NOUN
fennia-3728	95	8	,	,	PUNCT
fennia-3728	95	9	as	as	SCONJ
fennia-3728	95	10	we	we	PRON
fennia-3728	95	11	can	can	AUX
fennia-3728	95	12	not	not	PART
fennia-3728	95	13	assume	assume	VERB
fennia-3728	95	14	that	that	SCONJ
fennia-3728	95	15	international	international	ADJ
fennia-3728	95	16	financial	financial	ADJ
fennia-3728	95	17	integration	integration	NOUN
fennia-3728	95	18	will	will	AUX
fennia-3728	95	19	have	have	VERB
fennia-3728	95	20	a	a	DET
fennia-3728	95	21	similar	similar	ADJ
fennia-3728	95	22	impact	impact	NOUN
fennia-3728	95	23	on	on	ADP
fennia-3728	95	24	all	all	DET
fennia-3728	95	25	regions	region	NOUN
fennia-3728	95	26	within	within	ADP
fennia-3728	95	27	a	a	DET
fennia-3728	95	28	given	give	VERB
fennia-3728	95	29	country	country	NOUN
fennia-3728	95	30	.	.	PUNCT
fennia-3728	96	1	furthermore	furthermore	ADV
fennia-3728	96	2	,	,	PUNCT
fennia-3728	96	3	regions	region	NOUN
fennia-3728	96	4	have	have	VERB
fennia-3728	96	5	different	different	ADJ
fennia-3728	96	6	policy	policy	NOUN
fennia-3728	96	7	concerns	concern	NOUN
fennia-3728	96	8	from	from	ADP
fennia-3728	96	9	those	those	PRON
fennia-3728	96	10	of	of	ADP
fennia-3728	96	11	nations	nation	NOUN
fennia-3728	96	12	:	:	PUNCT
fennia-3728	96	13	national	national	ADJ
fennia-3728	96	14	economic	economic	ADJ
fennia-3728	96	15	policy	policy	NOUN
fennia-3728	96	16	has	have	VERB
fennia-3728	96	17	to	to	PART
fennia-3728	96	18	do	do	VERB
fennia-3728	96	19	with	with	ADP
fennia-3728	96	20	“	"	PUNCT
fennia-3728	96	21	hard	hard	ADJ
fennia-3728	96	22	”	"	PUNCT
fennia-3728	96	23	methods	method	NOUN
fennia-3728	96	24	like	like	ADP
fennia-3728	96	25	taxation	taxation	NOUN
fennia-3728	96	26	and	and	CCONJ
fennia-3728	96	27	financial	financial	ADJ
fennia-3728	96	28	regulation	regulation	NOUN
fennia-3728	96	29	.	.	PUNCT
fennia-3728	97	1	regional	regional	ADJ
fennia-3728	97	2	policy	policy	NOUN
fennia-3728	97	3	makers	maker	NOUN
fennia-3728	97	4	,	,	PUNCT
fennia-3728	97	5	however	however	ADV
fennia-3728	97	6	,	,	PUNCT
fennia-3728	97	7	are	be	AUX
fennia-3728	97	8	more	more	ADV
fennia-3728	97	9	concerned	concerned	ADJ
fennia-3728	97	10	on	on	ADP
fennia-3728	97	11	aspects	aspect	NOUN
fennia-3728	97	12	that	that	PRON
fennia-3728	97	13	can	can	AUX
fennia-3728	97	14	be	be	AUX
fennia-3728	97	15	regionally	regionally	ADV
fennia-3728	97	16	differentiated	differentiate	VERB
fennia-3728	97	17	,	,	PUNCT
fennia-3728	97	18	such	such	ADJ
fennia-3728	97	19	as	as	ADP
fennia-3728	97	20	infrastructure	infrastructure	NOUN
fennia-3728	97	21	and	and	CCONJ
fennia-3728	97	22	education	education	NOUN
fennia-3728	97	23	,	,	PUNCT
fennia-3728	97	24	as	as	ADV
fennia-3728	97	25	well	well	ADV
fennia-3728	97	26	as	as	ADP
fennia-3728	97	27	promoting	promote	VERB
fennia-3728	97	28	cooperation	cooperation	NOUN
fennia-3728	97	29	between	between	ADP
fennia-3728	97	30	firms	firm	NOUN
fennia-3728	97	31	in	in	ADP
fennia-3728	97	32	regional	regional	ADJ
fennia-3728	97	33	industrial	industrial	ADJ
fennia-3728	97	34	clusters	cluster	NOUN
fennia-3728	97	35	,	,	PUNCT
fennia-3728	97	36	etc	etc	X
fennia-3728	97	37	.	.	X
fennia-3728	98	1	hence	hence	ADV
fennia-3728	98	2	,	,	PUNCT
fennia-3728	98	3	the	the	DET
fennia-3728	98	4	emphasis	emphasis	NOUN
fennia-3728	98	5	on	on	ADP
fennia-3728	98	6	“	"	PUNCT
fennia-3728	98	7	soft	soft	ADJ
fennia-3728	98	8	”	"	PUNCT
fennia-3728	98	9	and	and	CCONJ
fennia-3728	98	10	proactive	proactive	ADJ
fennia-3728	98	11	policies	policy	NOUN
fennia-3728	98	12	is	be	AUX
fennia-3728	98	13	greater	great	ADJ
fennia-3728	98	14	at	at	ADP
fennia-3728	98	15	the	the	DET
fennia-3728	98	16	regional	regional	ADJ
fennia-3728	98	17	than	than	ADP
fennia-3728	98	18	national	national	ADJ
fennia-3728	98	19	level	level	NOUN
fennia-3728	98	20	.	.	PUNCT
fennia-3728	99	1	the	the	DET
fennia-3728	99	2	second	second	ADJ
fennia-3728	99	3	reason	reason	NOUN
fennia-3728	99	4	which	which	PRON
fennia-3728	99	5	complicates	complicate	VERB
fennia-3728	99	6	the	the	DET
fennia-3728	99	7	analysis	analysis	NOUN
fennia-3728	99	8	of	of	ADP
fennia-3728	99	9	the	the	DET
fennia-3728	99	10	impact	impact	NOUN
fennia-3728	99	11	of	of	ADP
fennia-3728	99	12	financial	financial	ADJ
fennia-3728	99	13	integration	integration	NOUN
fennia-3728	99	14	is	be	AUX
fennia-3728	99	15	that	that	SCONJ
fennia-3728	99	16	our	our	PRON
fennia-3728	99	17	key	key	ADJ
fennia-3728	99	18	concern	concern	NOUN
fennia-3728	99	19	is	be	AUX
fennia-3728	99	20	not	not	PART
fennia-3728	99	21	the	the	DET
fennia-3728	99	22	impact	impact	NOUN
fennia-3728	99	23	of	of	ADP
fennia-3728	99	24	integration	integration	NOUN
fennia-3728	99	25	on	on	ADP
fennia-3728	99	26	the	the	DET
fennia-3728	99	27	financial	financial	ADJ
fennia-3728	99	28	services	service	NOUN
fennia-3728	99	29	industry	industry	NOUN
fennia-3728	99	30	itself	itself	PRON
fennia-3728	99	31	,	,	PUNCT
fennia-3728	99	32	but	but	CCONJ
fennia-3728	99	33	rather	rather	ADV
fennia-3728	99	34	on	on	ADP
fennia-3728	99	35	the	the	DET
fennia-3728	99	36	impact	impact	NOUN
fennia-3728	99	37	of	of	ADP
fennia-3728	99	38	financial	financial	ADJ
fennia-3728	99	39	integration	integration	NOUN
fennia-3728	99	40	on	on	ADP
fennia-3728	99	41	the	the	DET
fennia-3728	99	42	regional	regional	ADJ
fennia-3728	99	43	economy	economy	NOUN
fennia-3728	99	44	as	as	ADP
fennia-3728	99	45	a	a	DET
fennia-3728	99	46	whole	whole	NOUN
fennia-3728	99	47	(	(	PUNCT
fennia-3728	99	48	see	see	VERB
fennia-3728	99	49	o’brien	o’brien	PROPN
fennia-3728	99	50	1992	1992	NUM
fennia-3728	99	51	)	)	PUNCT
fennia-3728	99	52	.	.	PUNCT
fennia-3728	100	1	this	this	PRON
fennia-3728	100	2	contrasts	contrast	VERB
fennia-3728	100	3	with	with	ADP
fennia-3728	100	4	the	the	DET
fennia-3728	100	5	standard	standard	ADJ
fennia-3728	100	6	approach	approach	NOUN
fennia-3728	100	7	which	which	PRON
fennia-3728	100	8	would	would	AUX
fennia-3728	100	9	analyse	analyse	VERB
fennia-3728	100	10	the	the	DET
fennia-3728	100	11	effect	effect	NOUN
fennia-3728	100	12	of	of	ADP
fennia-3728	100	13	integration	integration	NOUN
fennia-3728	100	14	of	of	ADP
fennia-3728	100	15	an	an	DET
fennia-3728	100	16	industry	industry	NOUN
fennia-3728	100	17	on	on	ADP
fennia-3728	100	18	the	the	DET
fennia-3728	100	19	structure	structure	NOUN
fennia-3728	100	20	and	and	CCONJ
fennia-3728	100	21	performance	performance	NOUN
fennia-3728	100	22	of	of	ADP
fennia-3728	100	23	that	that	DET
fennia-3728	100	24	same	same	ADJ
fennia-3728	100	25	industry	industry	NOUN
fennia-3728	100	26	.	.	PUNCT
fennia-3728	101	1	here	here	ADV
fennia-3728	101	2	,	,	PUNCT
fennia-3728	101	3	however	however	ADV
fennia-3728	101	4	,	,	PUNCT
fennia-3728	101	5	we	we	PRON
fennia-3728	101	6	are	be	AUX
fennia-3728	101	7	mostly	mostly	ADV
fennia-3728	101	8	interested	interested	ADJ
fennia-3728	101	9	in	in	ADP
fennia-3728	101	10	the	the	DET
fennia-3728	101	11	effects	effect	NOUN
fennia-3728	101	12	outside	outside	ADP
fennia-3728	101	13	the	the	DET
fennia-3728	101	14	financial	financial	ADJ
fennia-3728	101	15	services	service	NOUN
fennia-3728	101	16	industry	industry	NOUN
fennia-3728	101	17	.	.	PUNCT
fennia-3728	102	1	focussing	focusse	VERB
fennia-3728	102	2	on	on	ADP
fennia-3728	102	3	these	these	DET
fennia-3728	102	4	“	"	PUNCT
fennia-3728	102	5	second	second	ADJ
fennia-3728	102	6	-	-	PUNCT
fennia-3728	102	7	round	round	NOUN
fennia-3728	102	8	”	"	PUNCT
fennia-3728	102	9	or	or	CCONJ
fennia-3728	102	10	indirect	indirect	ADJ
fennia-3728	102	11	effects	effect	NOUN
fennia-3728	102	12	of	of	ADP
fennia-3728	102	13	financial	financial	ADJ
fennia-3728	102	14	integration	integration	NOUN
fennia-3728	102	15	is	be	AUX
fennia-3728	102	16	essential	essential	ADJ
fennia-3728	102	17	as	as	ADP
fennia-3728	102	18	in	in	ADP
fennia-3728	102	19	most	most	ADJ
fennia-3728	102	20	regions	region	NOUN
fennia-3728	102	21	,	,	PUNCT
fennia-3728	102	22	the	the	DET
fennia-3728	102	23	financial	financial	ADJ
fennia-3728	102	24	services	service	NOUN
fennia-3728	102	25	industry	industry	NOUN
fennia-3728	102	26	forms	form	VERB
fennia-3728	102	27	a	a	DET
fennia-3728	102	28	relatively	relatively	ADV
fennia-3728	102	29	small	small	ADJ
fennia-3728	102	30	portion	portion	NOUN
fennia-3728	102	31	of	of	ADP
fennia-3728	102	32	the	the	DET
fennia-3728	102	33	economy	economy	NOUN
fennia-3728	102	34	.	.	PUNCT
fennia-3728	103	1	in	in	ADP
fennia-3728	103	2	finland	finland	PROPN
fennia-3728	103	3	,	,	PUNCT
fennia-3728	103	4	for	for	ADP
fennia-3728	103	5	example	example	NOUN
fennia-3728	103	6	,	,	PUNCT
fennia-3728	103	7	financial	financial	ADJ
fennia-3728	103	8	services	service	NOUN
fennia-3728	103	9	account	account	VERB
fennia-3728	103	10	for	for	ADP
fennia-3728	103	11	about	about	ADV
fennia-3728	103	12	1.6	1.6	NUM
fennia-3728	103	13	per	per	ADP
fennia-3728	103	14	cent	cent	NOUN
fennia-3728	103	15	of	of	ADP
fennia-3728	103	16	all	all	DET
fennia-3728	103	17	jobs	job	NOUN
fennia-3728	103	18	,	,	PUNCT
fennia-3728	103	19	and	and	CCONJ
fennia-3728	103	20	in	in	ADP
fennia-3728	103	21	germany	germany	PROPN
fennia-3728	103	22	,	,	PUNCT
fennia-3728	103	23	the	the	DET
fennia-3728	103	24	respective	respective	ADJ
fennia-3728	103	25	value	value	NOUN
fennia-3728	103	26	is	be	AUX
fennia-3728	103	27	3	3	NUM
fennia-3728	103	28	per	per	ADP
fennia-3728	103	29	cent	cent	NOUN
fennia-3728	103	30	.	.	PUNCT
fennia-3728	104	1	while	while	SCONJ
fennia-3728	104	2	the	the	DET
fennia-3728	104	3	direct	direct	ADJ
fennia-3728	104	4	employment	employment	NOUN
fennia-3728	104	5	impacts	impact	NOUN
fennia-3728	104	6	of	of	ADP
fennia-3728	104	7	financial	financial	ADJ
fennia-3728	104	8	services	service	NOUN
fennia-3728	104	9	are	be	AUX
fennia-3728	104	10	not	not	PART
fennia-3728	104	11	negligible	negligible	ADJ
fennia-3728	104	12	,	,	PUNCT
fennia-3728	104	13	it	it	PRON
fennia-3728	104	14	is	be	AUX
fennia-3728	104	15	clear	clear	ADJ
fennia-3728	104	16	that	that	SCONJ
fennia-3728	104	17	the	the	DET
fennia-3728	104	18	indirect	indirect	ADJ
fennia-3728	104	19	effects	effect	NOUN
fennia-3728	104	20	of	of	ADP
fennia-3728	104	21	the	the	DET
fennia-3728	104	22	financial	financial	ADJ
fennia-3728	104	23	industry	industry	NOUN
fennia-3728	104	24	are	be	AUX
fennia-3728	104	25	much	much	ADV
fennia-3728	104	26	greater	great	ADJ
fennia-3728	104	27	.	.	PUNCT
fennia-3728	105	1	this	this	PRON
fennia-3728	105	2	is	be	AUX
fennia-3728	105	3	because	because	SCONJ
fennia-3728	105	4	finance	finance	NOUN
fennia-3728	105	5	is	be	AUX
fennia-3728	105	6	a	a	DET
fennia-3728	105	7	necessary	necessary	ADJ
fennia-3728	105	8	input	input	NOUN
fennia-3728	105	9	to	to	ADP
fennia-3728	105	10	virtually	virtually	ADV
fennia-3728	105	11	any	any	DET
fennia-3728	105	12	sector	sector	NOUN
fennia-3728	105	13	of	of	ADP
fennia-3728	105	14	the	the	DET
fennia-3728	105	15	modern	modern	ADJ
fennia-3728	105	16	economy	economy	NOUN
fennia-3728	105	17	,	,	PUNCT
fennia-3728	105	18	and	and	CCONJ
fennia-3728	105	19	the	the	DET
fennia-3728	105	20	performance	performance	NOUN
fennia-3728	105	21	of	of	ADP
fennia-3728	105	22	financial	financial	ADJ
fennia-3728	105	23	markets	market	NOUN
fennia-3728	105	24	is	be	AUX
fennia-3728	105	25	,	,	PUNCT
fennia-3728	105	26	therefore	therefore	ADV
fennia-3728	105	27	,	,	PUNCT
fennia-3728	105	28	a	a	DET
fennia-3728	105	29	precondition	precondition	NOUN
fennia-3728	105	30	of	of	ADP
fennia-3728	105	31	good	good	ADJ
fennia-3728	105	32	performance	performance	NOUN
fennia-3728	105	33	of	of	ADP
fennia-3728	105	34	the	the	DET
fennia-3728	105	35	economy	economy	NOUN
fennia-3728	105	36	as	as	ADP
fennia-3728	105	37	a	a	DET
fennia-3728	105	38	whole	whole	NOUN
fennia-3728	105	39	.	.	PUNCT
fennia-3728	106	1	how	how	SCONJ
fennia-3728	106	2	does	do	AUX
fennia-3728	106	3	finance	finance	NOUN
fennia-3728	106	4	influence	influence	VERB
fennia-3728	106	5	the	the	DET
fennia-3728	106	6	rest	rest	NOUN
fennia-3728	106	7	of	of	ADP
fennia-3728	106	8	the	the	DET
fennia-3728	106	9	economy	economy	NOUN
fennia-3728	106	10	?	?	PUNCT
fennia-3728	107	1	the	the	DET
fennia-3728	107	2	financial	financial	ADJ
fennia-3728	107	3	markets	market	NOUN
fennia-3728	107	4	are	be	AUX
fennia-3728	107	5	,	,	PUNCT
fennia-3728	107	6	firstly	firstly	ADV
fennia-3728	107	7	,	,	PUNCT
fennia-3728	107	8	a	a	DET
fennia-3728	107	9	market	market	NOUN
fennia-3728	107	10	for	for	ADP
fennia-3728	107	11	channelling	channel	VERB
fennia-3728	107	12	savings	saving	NOUN
fennia-3728	107	13	to	to	ADP
fennia-3728	107	14	investment	investment	NOUN
fennia-3728	107	15	;	;	PUNCT
fennia-3728	107	16	secondly	secondly	ADV
fennia-3728	107	17	,	,	PUNCT
fennia-3728	107	18	a	a	DET
fennia-3728	107	19	market	market	NOUN
fennia-3728	107	20	for	for	ADP
fennia-3728	107	21	risk	risk	NOUN
fennia-3728	107	22	;	;	PUNCT
fennia-3728	107	23	thirdly	thirdly	ADV
fennia-3728	107	24	,	,	PUNCT
fennia-3728	107	25	a	a	DET
fennia-3728	107	26	market	market	NOUN
fennia-3728	107	27	for	for	ADP
fennia-3728	107	28	corporate	corporate	ADJ
fennia-3728	107	29	control	control	NOUN
fennia-3728	107	30	;	;	PUNCT
fennia-3728	107	31	and	and	CCONJ
fennia-3728	107	32	,	,	PUNCT
fennia-3728	107	33	finally	finally	ADV
fennia-3728	107	34	,	,	PUNCT
fennia-3728	107	35	they	they	PRON
fennia-3728	107	36	provide	provide	VERB
fennia-3728	107	37	an	an	DET
fennia-3728	107	38	infrastructure	infrastructure	NOUN
fennia-3728	107	39	for	for	ADP
fennia-3728	107	40	making	make	VERB
fennia-3728	107	41	payments	payment	NOUN
fennia-3728	107	42	.	.	PUNCT
fennia-3728	108	1	these	these	DET
fennia-3728	108	2	functions	function	NOUN
fennia-3728	108	3	of	of	ADP
fennia-3728	108	4	financial	financial	ADJ
fennia-3728	108	5	markets	market	NOUN
fennia-3728	108	6	are	be	AUX
fennia-3728	108	7	in	in	ADP
fennia-3728	108	8	fact	fact	NOUN
fennia-3728	108	9	studied	study	VERB
fennia-3728	108	10	by	by	ADP
fennia-3728	108	11	quite	quite	ADV
fennia-3728	108	12	different	different	ADJ
fennia-3728	108	13	branches	branch	NOUN
fennia-3728	108	14	of	of	ADP
fennia-3728	108	15	economic	economic	ADJ
fennia-3728	108	16	theory	theory	NOUN
fennia-3728	108	17	and	and	CCONJ
fennia-3728	108	18	therefore	therefore	ADV
fennia-3728	108	19	,	,	PUNCT
fennia-3728	108	20	a	a	DET
fennia-3728	108	21	unified	unified	ADJ
fennia-3728	108	22	theory	theory	NOUN
fennia-3728	108	23	of	of	ADP
fennia-3728	108	24	the	the	DET
fennia-3728	108	25	role	role	NOUN
fennia-3728	108	26	of	of	ADP
fennia-3728	108	27	financial	financial	ADJ
fennia-3728	108	28	markets	market	NOUN
fennia-3728	108	29	in	in	ADP
fennia-3728	108	30	the	the	DET
fennia-3728	108	31	economy	economy	NOUN
fennia-3728	108	32	is	be	AUX
fennia-3728	108	33	not	not	PART
fennia-3728	108	34	really	really	ADV
fennia-3728	108	35	available	available	ADJ
fennia-3728	108	36	(	(	PUNCT
fennia-3728	108	37	see	see	VERB
fennia-3728	108	38	levine	levine	PROPN
fennia-3728	108	39	1997	1997	NUM
fennia-3728	108	40	)	)	PUNCT
fennia-3728	108	41	.	.	PUNCT
fennia-3728	109	1	the	the	DET
fennia-3728	109	2	market	market	NOUN
fennia-3728	109	3	for	for	ADP
fennia-3728	109	4	savings	saving	NOUN
fennia-3728	109	5	is	be	AUX
fennia-3728	109	6	analysed	analyse	VERB
fennia-3728	109	7	by	by	ADP
fennia-3728	109	8	macroeconomics	macroeconomic	NOUN
fennia-3728	109	9	;	;	PUNCT
fennia-3728	109	10	the	the	DET
fennia-3728	109	11	market	market	NOUN
fennia-3728	109	12	for	for	ADP
fennia-3728	109	13	risk	risk	NOUN
fennia-3728	109	14	is	be	AUX
fennia-3728	109	15	analysed	analyse	VERB
fennia-3728	109	16	using	use	VERB
fennia-3728	109	17	the	the	DET
fennia-3728	109	18	theory	theory	NOUN
fennia-3728	109	19	of	of	ADP
fennia-3728	109	20	finance	finance	NOUN
fennia-3728	109	21	;	;	PUNCT
fennia-3728	109	22	and	and	CCONJ
fennia-3728	109	23	the	the	DET
fennia-3728	109	24	market	market	NOUN
fennia-3728	109	25	for	for	ADP
fennia-3728	109	26	corporate	corporate	ADJ
fennia-3728	109	27	control	control	NOUN
fennia-3728	109	28	is	be	AUX
fennia-3728	109	29	analysed	analyse	VERB
fennia-3728	109	30	using	use	VERB
fennia-3728	109	31	the	the	DET
fennia-3728	109	32	theory	theory	NOUN
fennia-3728	109	33	of	of	ADP
fennia-3728	109	34	industrial	industrial	ADJ
fennia-3728	109	35	organisation	organisation	NOUN
fennia-3728	109	36	.	.	PUNCT
fennia-3728	110	1	finally	finally	ADV
fennia-3728	110	2	,	,	PUNCT
fennia-3728	110	3	the	the	DET
fennia-3728	110	4	intermediation	intermediation	NOUN
fennia-3728	110	5	of	of	ADP
fennia-3728	110	6	payments	payment	NOUN
fennia-3728	110	7	is	be	AUX
fennia-3728	110	8	usually	usually	ADV
fennia-3728	110	9	analysed	analyse	VERB
fennia-3728	110	10	in	in	ADP
fennia-3728	110	11	the	the	DET
fennia-3728	110	12	context	context	NOUN
fennia-3728	110	13	of	of	ADP
fennia-3728	110	14	monetary	monetary	ADJ
fennia-3728	110	15	theory	theory	NOUN
fennia-3728	110	16	(	(	PUNCT
fennia-3728	110	17	or	or	CCONJ
fennia-3728	110	18	recently	recently	ADV
fennia-3728	110	19	,	,	PUNCT
fennia-3728	110	20	network	network	NOUN
fennia-3728	110	21	economics	economic	NOUN
fennia-3728	110	22	)	)	PUNCT
fennia-3728	110	23	.	.	PUNCT
fennia-3728	111	1	in	in	ADP
fennia-3728	111	2	many	many	ADJ
fennia-3728	111	3	financial	financial	ADJ
fennia-3728	111	4	relationships	relationship	NOUN
fennia-3728	111	5	,	,	PUNCT
fennia-3728	111	6	these	these	DET
fennia-3728	111	7	different	different	ADJ
fennia-3728	111	8	functions	function	NOUN
fennia-3728	111	9	of	of	ADP
fennia-3728	111	10	financial	financial	ADJ
fennia-3728	111	11	markets	market	NOUN
fennia-3728	111	12	appear	appear	VERB
fennia-3728	111	13	intertwined	intertwine	VERB
fennia-3728	111	14	,	,	PUNCT
fennia-3728	111	15	but	but	CCONJ
fennia-3728	111	16	they	they	PRON
fennia-3728	111	17	are	be	AUX
fennia-3728	111	18	nevertheless	nevertheless	ADV
fennia-3728	111	19	conceptually	conceptually	ADV
fennia-3728	111	20	separate	separate	ADJ
fennia-3728	111	21	and	and	CCONJ
fennia-3728	111	22	their	their	PRON
fennia-3728	111	23	purposes	purpose	NOUN
fennia-3728	111	24	and	and	CCONJ
fennia-3728	111	25	impacts	impact	NOUN
fennia-3728	111	26	on	on	ADP
fennia-3728	111	27	financial	financial	ADJ
fennia-3728	111	28	integration	integration	NOUN
fennia-3728	111	29	are	be	AUX
fennia-3728	111	30	also	also	ADV
fennia-3728	111	31	different	different	ADJ
fennia-3728	111	32	.	.	PUNCT
fennia-3728	112	1	the	the	DET
fennia-3728	112	2	functions	function	NOUN
fennia-3728	112	3	of	of	ADP
fennia-3728	112	4	finance	finance	NOUN
fennia-3728	112	5	in	in	ADP
fennia-3728	112	6	the	the	DET
fennia-3728	112	7	economy	economy	NOUN
fennia-3728	112	8	market	market	NOUN
fennia-3728	112	9	for	for	ADP
fennia-3728	112	10	savings	saving	NOUN
fennia-3728	112	11	the	the	DET
fennia-3728	112	12	ongoing	ongoing	ADJ
fennia-3728	112	13	financial	financial	ADJ
fennia-3728	112	14	integration	integration	NOUN
fennia-3728	112	15	process	process	NOUN
fennia-3728	112	16	concerns	concern	NOUN
fennia-3728	112	17	each	each	PRON
fennia-3728	112	18	of	of	ADP
fennia-3728	112	19	the	the	DET
fennia-3728	112	20	four	four	NUM
fennia-3728	112	21	functions	function	NOUN
fennia-3728	112	22	of	of	ADP
fennia-3728	112	23	financial	financial	ADJ
fennia-3728	112	24	markets	market	NOUN
fennia-3728	112	25	.	.	PUNCT
fennia-3728	113	1	therefore	therefore	ADV
fennia-3728	113	2	,	,	PUNCT
fennia-3728	113	3	we	we	PRON
fennia-3728	113	4	must	must	AUX
fennia-3728	113	5	take	take	VERB
fennia-3728	113	6	into	into	ADP
fennia-3728	113	7	account	account	NOUN
fennia-3728	113	8	all	all	PRON
fennia-3728	113	9	of	of	ADP
fennia-3728	113	10	them	they	PRON
fennia-3728	113	11	when	when	SCONJ
fennia-3728	113	12	trying	try	VERB
fennia-3728	113	13	to	to	PART
fennia-3728	113	14	get	get	VERB
fennia-3728	113	15	a	a	DET
fennia-3728	113	16	full	full	ADJ
fennia-3728	113	17	picture	picture	NOUN
fennia-3728	113	18	of	of	ADP
fennia-3728	113	19	what	what	PRON
fennia-3728	113	20	future	future	ADJ
fennia-3728	113	21	financial	financial	ADJ
fennia-3728	113	22	integration	integration	NOUN
fennia-3728	113	23	will	will	AUX
fennia-3728	113	24	mean	mean	VERB
fennia-3728	113	25	to	to	ADP
fennia-3728	113	26	regions	region	NOUN
fennia-3728	113	27	.	.	PUNCT
fennia-3728	114	1	let	let	VERB
fennia-3728	114	2	us	we	PRON
fennia-3728	114	3	first	first	ADV
fennia-3728	114	4	look	look	VERB
fennia-3728	114	5	at	at	ADP
fennia-3728	114	6	the	the	DET
fennia-3728	114	7	macroeconomic	macroeconomic	ADJ
fennia-3728	114	8	aspect	aspect	NOUN
fennia-3728	114	9	.	.	PUNCT
fennia-3728	115	1	viewed	view	VERB
fennia-3728	115	2	from	from	ADP
fennia-3728	115	3	this	this	DET
fennia-3728	115	4	perspective	perspective	NOUN
fennia-3728	115	5	,	,	PUNCT
fennia-3728	115	6	what	what	PRON
fennia-3728	115	7	the	the	DET
fennia-3728	115	8	financial	financial	ADJ
fennia-3728	115	9	markets	market	NOUN
fennia-3728	115	10	do	do	AUX
fennia-3728	115	11	is	be	AUX
fennia-3728	115	12	transfer	transfer	VERB
fennia-3728	115	13	resources	resource	NOUN
fennia-3728	115	14	in	in	ADP
fennia-3728	115	15	time	time	NOUN
fennia-3728	115	16	and	and	CCONJ
fennia-3728	115	17	in	in	ADP
fennia-3728	115	18	space	space	NOUN
fennia-3728	115	19	.	.	PUNCT
fennia-3728	116	1	from	from	ADP
fennia-3728	116	2	the	the	DET
fennia-3728	116	3	point	point	NOUN
fennia-3728	116	4	of	of	ADP
fennia-3728	116	5	view	view	NOUN
fennia-3728	116	6	of	of	ADP
fennia-3728	116	7	a	a	DET
fennia-3728	116	8	saver	saver	ADJ
fennia-3728	116	9	,	,	PUNCT
fennia-3728	116	10	financial	financial	ADJ
fennia-3728	116	11	markets	market	NOUN
fennia-3728	116	12	are	be	AUX
fennia-3728	116	13	useful	useful	ADJ
fennia-3728	116	14	as	as	SCONJ
fennia-3728	116	15	they	they	PRON
fennia-3728	116	16	help	help	VERB
fennia-3728	116	17	them	they	PRON
fennia-3728	116	18	to	to	PART
fennia-3728	116	19	transfer	transfer	VERB
fennia-3728	116	20	fennia	fennia	NOUN
fennia-3728	116	21	184	184	NUM
fennia-3728	116	22	:	:	SYM
fennia-3728	116	23	1	1	NUM
fennia-3728	116	24	(	(	PUNCT
fennia-3728	116	25	2006	2006	NUM
fennia-3728	116	26	)	)	PUNCT
fennia-3728	117	1	23geographical	23geographical	NUM
fennia-3728	117	2	impacts	impact	NOUN
fennia-3728	117	3	of	of	ADP
fennia-3728	117	4	financial	financial	ADJ
fennia-3728	117	5	integration	integration	NOUN
fennia-3728	117	6	their	their	PRON
fennia-3728	117	7	resources	resource	NOUN
fennia-3728	117	8	forward	forward	ADV
fennia-3728	117	9	in	in	ADP
fennia-3728	117	10	time	time	NOUN
fennia-3728	117	11	–	–	PUNCT
fennia-3728	117	12	just	just	ADV
fennia-3728	117	13	as	as	ADP
fennia-3728	117	14	from	from	ADP
fennia-3728	117	15	the	the	DET
fennia-3728	117	16	point	point	NOUN
fennia-3728	117	17	of	of	ADP
fennia-3728	117	18	view	view	NOUN
fennia-3728	117	19	of	of	ADP
fennia-3728	117	20	a	a	DET
fennia-3728	117	21	borrower	borrower	NOUN
fennia-3728	117	22	,	,	PUNCT
fennia-3728	117	23	the	the	DET
fennia-3728	117	24	markets	market	NOUN
fennia-3728	117	25	enable	enable	VERB
fennia-3728	117	26	a	a	DET
fennia-3728	117	27	transfer	transfer	NOUN
fennia-3728	117	28	of	of	ADP
fennia-3728	117	29	resources	resource	NOUN
fennia-3728	117	30	backwards	backwards	ADV
fennia-3728	117	31	,	,	PUNCT
fennia-3728	117	32	from	from	ADP
fennia-3728	117	33	the	the	DET
fennia-3728	117	34	future	future	NOUN
fennia-3728	117	35	to	to	ADP
fennia-3728	117	36	the	the	DET
fennia-3728	117	37	present	present	NOUN
fennia-3728	117	38	.	.	PUNCT
fennia-3728	118	1	from	from	ADP
fennia-3728	118	2	the	the	DET
fennia-3728	118	3	geographic	geographic	ADJ
fennia-3728	118	4	point	point	NOUN
fennia-3728	118	5	of	of	ADP
fennia-3728	118	6	view	view	NOUN
fennia-3728	118	7	,	,	PUNCT
fennia-3728	118	8	however	however	ADV
fennia-3728	118	9	,	,	PUNCT
fennia-3728	118	10	the	the	DET
fennia-3728	118	11	very	very	ADV
fennia-3728	118	12	same	same	ADJ
fennia-3728	118	13	transfer	transfer	NOUN
fennia-3728	118	14	of	of	ADP
fennia-3728	118	15	resources	resource	NOUN
fennia-3728	118	16	happens	happen	VERB
fennia-3728	118	17	in	in	ADP
fennia-3728	118	18	space	space	NOUN
fennia-3728	118	19	:	:	PUNCT
fennia-3728	118	20	the	the	DET
fennia-3728	118	21	resources	resource	NOUN
fennia-3728	118	22	flow	flow	VERB
fennia-3728	118	23	from	from	ADP
fennia-3728	118	24	the	the	DET
fennia-3728	118	25	location	location	NOUN
fennia-3728	118	26	of	of	ADP
fennia-3728	118	27	the	the	DET
fennia-3728	118	28	saver	saver	NOUN
fennia-3728	118	29	to	to	ADP
fennia-3728	118	30	the	the	DET
fennia-3728	118	31	location	location	NOUN
fennia-3728	118	32	of	of	ADP
fennia-3728	118	33	investment	investment	NOUN
fennia-3728	118	34	.	.	PUNCT
fennia-3728	119	1	from	from	ADP
fennia-3728	119	2	this	this	DET
fennia-3728	119	3	perspective	perspective	NOUN
fennia-3728	119	4	of	of	ADP
fennia-3728	119	5	financial	financial	ADJ
fennia-3728	119	6	intermediation	intermediation	NOUN
fennia-3728	119	7	in	in	ADP
fennia-3728	119	8	space	space	NOUN
fennia-3728	119	9	the	the	DET
fennia-3728	119	10	resources	resource	NOUN
fennia-3728	119	11	are	be	AUX
fennia-3728	119	12	not	not	PART
fennia-3728	119	13	moved	move	VERB
fennia-3728	119	14	in	in	ADP
fennia-3728	119	15	time	time	NOUN
fennia-3728	119	16	at	at	ADV
fennia-3728	119	17	all	all	ADV
fennia-3728	119	18	,	,	PUNCT
fennia-3728	119	19	but	but	CCONJ
fennia-3728	119	20	only	only	ADV
fennia-3728	119	21	from	from	ADP
fennia-3728	119	22	one	one	NUM
fennia-3728	119	23	place	place	NOUN
fennia-3728	119	24	to	to	ADP
fennia-3728	119	25	another	another	PRON
fennia-3728	119	26	(	(	PUNCT
fennia-3728	119	27	cf	cf	NOUN
fennia-3728	119	28	.	.	PUNCT
fennia-3728	119	29	obstfeld	obstfeld	PROPN
fennia-3728	119	30	&	&	CCONJ
fennia-3728	119	31	rogoff	rogoff	PROPN
fennia-3728	119	32	1995	1995	NUM
fennia-3728	119	33	)	)	PUNCT
fennia-3728	119	34	.	.	PUNCT
fennia-3728	120	1	there	there	PRON
fennia-3728	120	2	is	be	VERB
fennia-3728	120	3	a	a	DET
fennia-3728	120	4	reason	reason	NOUN
fennia-3728	120	5	to	to	PART
fennia-3728	120	6	believe	believe	VERB
fennia-3728	120	7	that	that	SCONJ
fennia-3728	120	8	the	the	DET
fennia-3728	120	9	importance	importance	NOUN
fennia-3728	120	10	of	of	ADP
fennia-3728	120	11	intercontinental	intercontinental	ADJ
fennia-3728	120	12	capital	capital	NOUN
fennia-3728	120	13	flows	flow	NOUN
fennia-3728	120	14	could	could	AUX
fennia-3728	120	15	even	even	ADV
fennia-3728	120	16	grow	grow	VERB
fennia-3728	120	17	in	in	ADP
fennia-3728	120	18	the	the	DET
fennia-3728	120	19	future	future	NOUN
fennia-3728	120	20	.	.	PUNCT
fennia-3728	121	1	this	this	PRON
fennia-3728	121	2	is	be	AUX
fennia-3728	121	3	because	because	SCONJ
fennia-3728	121	4	some	some	DET
fennia-3728	121	5	economic	economic	ADJ
fennia-3728	121	6	fundamentals	fundamental	NOUN
fennia-3728	121	7	suggest	suggest	VERB
fennia-3728	121	8	that	that	SCONJ
fennia-3728	121	9	regional	regional	ADJ
fennia-3728	121	10	differences	difference	NOUN
fennia-3728	121	11	in	in	ADP
fennia-3728	121	12	the	the	DET
fennia-3728	121	13	propensity	propensity	NOUN
fennia-3728	121	14	to	to	PART
fennia-3728	121	15	save	save	VERB
fennia-3728	121	16	and	and	CCONJ
fennia-3728	121	17	invest	invest	VERB
fennia-3728	121	18	should	should	AUX
fennia-3728	121	19	grow	grow	VERB
fennia-3728	121	20	in	in	ADP
fennia-3728	121	21	the	the	DET
fennia-3728	121	22	future	future	NOUN
fennia-3728	121	23	.	.	PUNCT
fennia-3728	122	1	one	one	NUM
fennia-3728	122	2	of	of	ADP
fennia-3728	122	3	the	the	DET
fennia-3728	122	4	fundamentals	fundamental	NOUN
fennia-3728	122	5	is	be	AUX
fennia-3728	122	6	population	population	NOUN
fennia-3728	122	7	ageing	age	VERB
fennia-3728	122	8	in	in	ADP
fennia-3728	122	9	the	the	DET
fennia-3728	122	10	highly	highly	ADV
fennia-3728	122	11	developed	develop	VERB
fennia-3728	122	12	parts	part	NOUN
fennia-3728	122	13	of	of	ADP
fennia-3728	122	14	the	the	DET
fennia-3728	122	15	world	world	NOUN
fennia-3728	122	16	.	.	PUNCT
fennia-3728	123	1	this	this	DET
fennia-3728	123	2	ageing	ageing	NOUN
fennia-3728	123	3	,	,	PUNCT
fennia-3728	123	4	especially	especially	ADV
fennia-3728	123	5	in	in	ADP
fennia-3728	123	6	europe	europe	PROPN
fennia-3728	123	7	and	and	CCONJ
fennia-3728	123	8	japan	japan	PROPN
fennia-3728	123	9	,	,	PUNCT
fennia-3728	123	10	will	will	AUX
fennia-3728	123	11	keep	keep	VERB
fennia-3728	123	12	investment	investment	NOUN
fennia-3728	123	13	demand	demand	NOUN
fennia-3728	123	14	relatively	relatively	ADV
fennia-3728	123	15	subdued	subdued	ADJ
fennia-3728	123	16	.	.	PUNCT
fennia-3728	124	1	this	this	PRON
fennia-3728	124	2	may	may	AUX
fennia-3728	124	3	denote	denote	VERB
fennia-3728	124	4	that	that	SCONJ
fennia-3728	124	5	europe	europe	PROPN
fennia-3728	124	6	is	be	AUX
fennia-3728	124	7	to	to	PART
fennia-3728	124	8	join	join	VERB
fennia-3728	124	9	japan	japan	PROPN
fennia-3728	124	10	as	as	ADP
fennia-3728	124	11	one	one	NUM
fennia-3728	124	12	of	of	ADP
fennia-3728	124	13	the	the	DET
fennia-3728	124	14	significant	significant	ADJ
fennia-3728	124	15	capital	capital	NOUN
fennia-3728	124	16	exporters	exporter	NOUN
fennia-3728	124	17	of	of	ADP
fennia-3728	124	18	the	the	DET
fennia-3728	124	19	world	world	NOUN
fennia-3728	124	20	–	–	PUNCT
fennia-3728	124	21	unless	unless	SCONJ
fennia-3728	124	22	europe	europe	PROPN
fennia-3728	124	23	’s	’s	PART
fennia-3728	124	24	government	government	NOUN
fennia-3728	124	25	deficits	deficit	NOUN
fennia-3728	124	26	remain	remain	VERB
fennia-3728	124	27	too	too	ADV
fennia-3728	124	28	large	large	ADJ
fennia-3728	124	29	and	and	CCONJ
fennia-3728	124	30	use	use	VERB
fennia-3728	124	31	resources	resource	NOUN
fennia-3728	124	32	which	which	PRON
fennia-3728	124	33	otherwise	otherwise	ADV
fennia-3728	124	34	could	could	AUX
fennia-3728	124	35	be	be	AUX
fennia-3728	124	36	invested	invest	VERB
fennia-3728	124	37	productively	productively	ADV
fennia-3728	124	38	in	in	ADP
fennia-3728	124	39	the	the	DET
fennia-3728	124	40	emerging	emerge	VERB
fennia-3728	124	41	economies	economy	NOUN
fennia-3728	124	42	of	of	ADP
fennia-3728	124	43	the	the	DET
fennia-3728	124	44	world	world	NOUN
fennia-3728	124	45	.	.	PUNCT
fennia-3728	125	1	the	the	DET
fennia-3728	125	2	effect	effect	NOUN
fennia-3728	125	3	of	of	ADP
fennia-3728	125	4	financial	financial	ADJ
fennia-3728	125	5	integration	integration	NOUN
fennia-3728	125	6	of	of	ADP
fennia-3728	125	7	the	the	DET
fennia-3728	125	8	market	market	NOUN
fennia-3728	125	9	for	for	ADP
fennia-3728	125	10	savings	saving	NOUN
fennia-3728	125	11	is	be	AUX
fennia-3728	125	12	that	that	SCONJ
fennia-3728	125	13	the	the	DET
fennia-3728	125	14	market	market	NOUN
fennia-3728	125	15	rates	rate	NOUN
fennia-3728	125	16	of	of	ADP
fennia-3728	125	17	return	return	NOUN
fennia-3728	125	18	on	on	ADP
fennia-3728	125	19	capital	capital	NOUN
fennia-3728	125	20	will	will	AUX
fennia-3728	125	21	generally	generally	ADV
fennia-3728	125	22	converge	converge	VERB
fennia-3728	125	23	as	as	ADP
fennia-3728	125	24	a	a	DET
fennia-3728	125	25	result	result	NOUN
fennia-3728	125	26	.	.	PUNCT
fennia-3728	126	1	at	at	ADP
fennia-3728	126	2	the	the	DET
fennia-3728	126	3	same	same	ADJ
fennia-3728	126	4	time	time	NOUN
fennia-3728	126	5	,	,	PUNCT
fennia-3728	126	6	both	both	DET
fennia-3728	126	7	saving	save	VERB
fennia-3728	126	8	and	and	CCONJ
fennia-3728	126	9	investment	investment	NOUN
fennia-3728	126	10	will	will	AUX
fennia-3728	126	11	increase	increase	VERB
fennia-3728	126	12	as	as	ADP
fennia-3728	126	13	on	on	ADP
fennia-3728	126	14	average	average	ADJ
fennia-3728	126	15	,	,	PUNCT
fennia-3728	126	16	savers	saver	NOUN
fennia-3728	126	17	will	will	AUX
fennia-3728	126	18	get	get	VERB
fennia-3728	126	19	a	a	DET
fennia-3728	126	20	higher	high	ADJ
fennia-3728	126	21	rate	rate	NOUN
fennia-3728	126	22	of	of	ADP
fennia-3728	126	23	return	return	NOUN
fennia-3728	126	24	for	for	ADP
fennia-3728	126	25	saving	saving	NOUN
fennia-3728	126	26	and	and	CCONJ
fennia-3728	126	27	similarly	similarly	ADV
fennia-3728	126	28	,	,	PUNCT
fennia-3728	126	29	on	on	ADP
fennia-3728	126	30	average	average	ADJ
fennia-3728	126	31	,	,	PUNCT
fennia-3728	126	32	investors	investor	NOUN
fennia-3728	126	33	’	'	PUNCT
fennia-3728	126	34	capital	capital	NOUN
fennia-3728	126	35	costs	cost	NOUN
fennia-3728	126	36	will	will	AUX
fennia-3728	126	37	decline	decline	VERB
fennia-3728	126	38	.	.	PUNCT
fennia-3728	127	1	who	who	PRON
fennia-3728	127	2	actually	actually	ADV
fennia-3728	127	3	collects	collect	VERB
fennia-3728	127	4	the	the	DET
fennia-3728	127	5	benefits	benefit	NOUN
fennia-3728	127	6	from	from	ADP
fennia-3728	127	7	this	this	DET
fennia-3728	127	8	process	process	NOUN
fennia-3728	127	9	depends	depend	VERB
fennia-3728	127	10	on	on	ADP
fennia-3728	127	11	the	the	DET
fennia-3728	127	12	initial	initial	ADJ
fennia-3728	127	13	situation	situation	NOUN
fennia-3728	127	14	of	of	ADP
fennia-3728	127	15	savers	saver	NOUN
fennia-3728	127	16	and	and	CCONJ
fennia-3728	127	17	investors	investor	NOUN
fennia-3728	127	18	in	in	ADP
fennia-3728	127	19	different	different	ADJ
fennia-3728	127	20	parts	part	NOUN
fennia-3728	127	21	of	of	ADP
fennia-3728	127	22	the	the	DET
fennia-3728	127	23	world	world	NOUN
fennia-3728	127	24	.	.	PUNCT
fennia-3728	128	1	the	the	DET
fennia-3728	128	2	classical	classical	ADJ
fennia-3728	128	3	view	view	NOUN
fennia-3728	128	4	of	of	ADP
fennia-3728	128	5	this	this	DET
fennia-3728	128	6	process	process	NOUN
fennia-3728	128	7	emphasises	emphasise	VERB
fennia-3728	128	8	the	the	DET
fennia-3728	128	9	equalising	equalising	ADJ
fennia-3728	128	10	force	force	NOUN
fennia-3728	128	11	of	of	ADP
fennia-3728	128	12	financial	financial	ADJ
fennia-3728	128	13	integration	integration	NOUN
fennia-3728	128	14	.	.	PUNCT
fennia-3728	129	1	according	accord	VERB
fennia-3728	129	2	to	to	ADP
fennia-3728	129	3	this	this	DET
fennia-3728	129	4	view	view	NOUN
fennia-3728	129	5	,	,	PUNCT
fennia-3728	129	6	the	the	DET
fennia-3728	129	7	rate	rate	NOUN
fennia-3728	129	8	of	of	ADP
fennia-3728	129	9	return	return	NOUN
fennia-3728	129	10	for	for	ADP
fennia-3728	129	11	capital	capital	NOUN
fennia-3728	129	12	is	be	AUX
fennia-3728	129	13	generally	generally	ADV
fennia-3728	129	14	highest	high	ADJ
fennia-3728	129	15	in	in	ADP
fennia-3728	129	16	countries	country	NOUN
fennia-3728	129	17	or	or	CCONJ
fennia-3728	129	18	regions	region	NOUN
fennia-3728	129	19	where	where	SCONJ
fennia-3728	129	20	capital	capital	NOUN
fennia-3728	129	21	is	be	AUX
fennia-3728	129	22	relatively	relatively	ADV
fennia-3728	129	23	scarce	scarce	ADJ
fennia-3728	129	24	and	and	CCONJ
fennia-3728	129	25	other	other	ADJ
fennia-3728	129	26	resources	resource	NOUN
fennia-3728	129	27	relatively	relatively	ADV
fennia-3728	129	28	ample	ample	ADJ
fennia-3728	129	29	;	;	PUNCT
fennia-3728	129	30	by	by	ADP
fennia-3728	129	31	the	the	DET
fennia-3728	129	32	same	same	ADJ
fennia-3728	129	33	token	token	NOUN
fennia-3728	129	34	,	,	PUNCT
fennia-3728	129	35	the	the	DET
fennia-3728	129	36	rate	rate	NOUN
fennia-3728	129	37	of	of	ADP
fennia-3728	129	38	return	return	NOUN
fennia-3728	129	39	is	be	AUX
fennia-3728	129	40	lowest	low	ADJ
fennia-3728	129	41	where	where	SCONJ
fennia-3728	129	42	capital	capital	NOUN
fennia-3728	129	43	is	be	AUX
fennia-3728	129	44	relatively	relatively	ADV
fennia-3728	129	45	ample	ample	ADJ
fennia-3728	129	46	.	.	PUNCT
fennia-3728	130	1	the	the	DET
fennia-3728	130	2	effect	effect	NOUN
fennia-3728	130	3	of	of	ADP
fennia-3728	130	4	financial	financial	ADJ
fennia-3728	130	5	integration	integration	NOUN
fennia-3728	130	6	is	be	AUX
fennia-3728	130	7	,	,	PUNCT
fennia-3728	130	8	consequently	consequently	ADV
fennia-3728	130	9	,	,	PUNCT
fennia-3728	130	10	to	to	PART
fennia-3728	130	11	equalise	equalise	VERB
fennia-3728	130	12	the	the	DET
fennia-3728	130	13	capital	capital	NOUN
fennia-3728	130	14	intensities	intensity	NOUN
fennia-3728	130	15	of	of	ADP
fennia-3728	130	16	regions	region	NOUN
fennia-3728	130	17	and	and	CCONJ
fennia-3728	130	18	hence	hence	ADV
fennia-3728	130	19	equalise	equalise	VERB
fennia-3728	130	20	productivity	productivity	NOUN
fennia-3728	130	21	and	and	CCONJ
fennia-3728	130	22	real	real	ADJ
fennia-3728	130	23	income	income	NOUN
fennia-3728	130	24	differentials	differential	NOUN
fennia-3728	130	25	as	as	ADV
fennia-3728	130	26	well	well	ADV
fennia-3728	130	27	.	.	PUNCT
fennia-3728	131	1	the	the	DET
fennia-3728	131	2	classical	classical	ADJ
fennia-3728	131	3	view	view	NOUN
fennia-3728	131	4	may	may	AUX
fennia-3728	131	5	,	,	PUNCT
fennia-3728	131	6	however	however	ADV
fennia-3728	131	7	,	,	PUNCT
fennia-3728	131	8	be	be	AUX
fennia-3728	131	9	too	too	ADV
fennia-3728	131	10	simplistic	simplistic	ADJ
fennia-3728	131	11	.	.	PUNCT
fennia-3728	132	1	as	as	ADP
fennia-3728	132	2	the	the	DET
fennia-3728	132	3	result	result	NOUN
fennia-3728	132	4	of	of	ADP
fennia-3728	132	5	the	the	DET
fennia-3728	132	6	emergence	emergence	NOUN
fennia-3728	132	7	of	of	ADP
fennia-3728	132	8	the	the	DET
fennia-3728	132	9	socalled	socalled	ADJ
fennia-3728	132	10	“	"	PUNCT
fennia-3728	132	11	new	new	ADJ
fennia-3728	132	12	economic	economic	ADJ
fennia-3728	132	13	geography	geography	NOUN
fennia-3728	132	14	”	"	PUNCT
fennia-3728	132	15	(	(	PUNCT
fennia-3728	132	16	a	a	DET
fennia-3728	132	17	school	school	NOUN
fennia-3728	132	18	of	of	ADP
fennia-3728	132	19	thought	thought	NOUN
fennia-3728	132	20	associated	associate	VERB
fennia-3728	132	21	especially	especially	ADV
fennia-3728	132	22	with	with	ADP
fennia-3728	132	23	paul	paul	PROPN
fennia-3728	132	24	krugman	krugman	PROPN
fennia-3728	132	25	and	and	CCONJ
fennia-3728	132	26	his	his	PRON
fennia-3728	132	27	co	co	NOUN
fennia-3728	132	28	-	-	NOUN
fennia-3728	132	29	authors	author	NOUN
fennia-3728	132	30	,	,	PUNCT
fennia-3728	132	31	see	see	VERB
fennia-3728	132	32	e.g.	e.g.	ADV
fennia-3728	132	33	,	,	PUNCT
fennia-3728	132	34	helpman	helpman	NOUN
fennia-3728	132	35	&	&	CCONJ
fennia-3728	132	36	krugman	krugman	PROPN
fennia-3728	132	37	1986	1986	NUM
fennia-3728	132	38	for	for	ADP
fennia-3728	132	39	a	a	DET
fennia-3728	132	40	famous	famous	ADJ
fennia-3728	132	41	exposition	exposition	NOUN
fennia-3728	132	42	)	)	PUNCT
fennia-3728	132	43	,	,	PUNCT
fennia-3728	132	44	the	the	DET
fennia-3728	132	45	classical	classical	ADJ
fennia-3728	132	46	view	view	NOUN
fennia-3728	132	47	is	be	AUX
fennia-3728	132	48	no	no	ADV
fennia-3728	132	49	longer	long	ADV
fennia-3728	132	50	considered	consider	VERB
fennia-3728	132	51	as	as	ADP
fennia-3728	132	52	the	the	DET
fennia-3728	132	53	whole	whole	ADJ
fennia-3728	132	54	truth	truth	NOUN
fennia-3728	132	55	.	.	PUNCT
fennia-3728	133	1	new	new	ADJ
fennia-3728	133	2	economic	economic	ADJ
fennia-3728	133	3	geography	geography	NOUN
fennia-3728	133	4	emphasises	emphasise	VERB
fennia-3728	133	5	the	the	DET
fennia-3728	133	6	importance	importance	NOUN
fennia-3728	133	7	of	of	ADP
fennia-3728	133	8	economies	economy	NOUN
fennia-3728	133	9	of	of	ADP
fennia-3728	133	10	scale	scale	NOUN
fennia-3728	133	11	in	in	ADP
fennia-3728	133	12	many	many	ADJ
fennia-3728	133	13	industries	industry	NOUN
fennia-3728	133	14	.	.	PUNCT
fennia-3728	134	1	in	in	ADP
fennia-3728	134	2	these	these	DET
fennia-3728	134	3	industries	industry	NOUN
fennia-3728	134	4	,	,	PUNCT
fennia-3728	134	5	the	the	DET
fennia-3728	134	6	rate	rate	NOUN
fennia-3728	134	7	of	of	ADP
fennia-3728	134	8	return	return	NOUN
fennia-3728	134	9	on	on	ADP
fennia-3728	134	10	capital	capital	NOUN
fennia-3728	134	11	is	be	AUX
fennia-3728	134	12	not	not	PART
fennia-3728	134	13	necessarily	necessarily	ADV
fennia-3728	134	14	a	a	DET
fennia-3728	134	15	declining	decline	VERB
fennia-3728	134	16	function	function	NOUN
fennia-3728	134	17	of	of	ADP
fennia-3728	134	18	previous	previous	ADJ
fennia-3728	134	19	investment	investment	NOUN
fennia-3728	134	20	,	,	PUNCT
fennia-3728	134	21	but	but	CCONJ
fennia-3728	134	22	may	may	AUX
fennia-3728	134	23	well	well	ADV
fennia-3728	134	24	be	be	AUX
fennia-3728	134	25	an	an	DET
fennia-3728	134	26	increasing	increase	VERB
fennia-3728	134	27	function	function	NOUN
fennia-3728	134	28	of	of	ADP
fennia-3728	134	29	the	the	DET
fennia-3728	134	30	amount	amount	NOUN
fennia-3728	134	31	of	of	ADP
fennia-3728	134	32	capital	capital	NOUN
fennia-3728	134	33	which	which	PRON
fennia-3728	134	34	has	have	AUX
fennia-3728	134	35	previously	previously	ADV
fennia-3728	134	36	been	be	AUX
fennia-3728	134	37	invested	invest	VERB
fennia-3728	134	38	(	(	PUNCT
fennia-3728	134	39	“	"	PUNCT
fennia-3728	134	40	sunk	sink	VERB
fennia-3728	134	41	”	"	PUNCT
fennia-3728	134	42	)	)	PUNCT
fennia-3728	134	43	in	in	ADP
fennia-3728	134	44	a	a	DET
fennia-3728	134	45	particular	particular	ADJ
fennia-3728	134	46	industry	industry	NOUN
fennia-3728	134	47	in	in	ADP
fennia-3728	134	48	a	a	DET
fennia-3728	134	49	particular	particular	ADJ
fennia-3728	134	50	region	region	NOUN
fennia-3728	134	51	.	.	PUNCT
fennia-3728	135	1	for	for	ADP
fennia-3728	135	2	these	these	DET
fennia-3728	135	3	kinds	kind	NOUN
fennia-3728	135	4	of	of	ADP
fennia-3728	135	5	industries	industry	NOUN
fennia-3728	135	6	,	,	PUNCT
fennia-3728	135	7	the	the	DET
fennia-3728	135	8	integration	integration	NOUN
fennia-3728	135	9	of	of	ADP
fennia-3728	135	10	markets	market	NOUN
fennia-3728	135	11	can	can	AUX
fennia-3728	135	12	lead	lead	VERB
fennia-3728	135	13	to	to	ADP
fennia-3728	135	14	agglomeration	agglomeration	NOUN
fennia-3728	135	15	and	and	CCONJ
fennia-3728	135	16	concentration	concentration	NOUN
fennia-3728	135	17	to	to	ADP
fennia-3728	135	18	centres	centre	NOUN
fennia-3728	135	19	where	where	SCONJ
fennia-3728	135	20	the	the	DET
fennia-3728	135	21	economies	economy	NOUN
fennia-3728	135	22	of	of	ADP
fennia-3728	135	23	large	large	ADJ
fennia-3728	135	24	-	-	PUNCT
fennia-3728	135	25	scale	scale	NOUN
fennia-3728	135	26	operation	operation	NOUN
fennia-3728	135	27	can	can	AUX
fennia-3728	135	28	be	be	AUX
fennia-3728	135	29	best	well	ADV
fennia-3728	135	30	achieved	achieve	VERB
fennia-3728	135	31	.	.	PUNCT
fennia-3728	136	1	a	a	DET
fennia-3728	136	2	perfect	perfect	ADJ
fennia-3728	136	3	example	example	NOUN
fennia-3728	136	4	of	of	ADP
fennia-3728	136	5	the	the	DET
fennia-3728	136	6	economics	economic	NOUN
fennia-3728	136	7	of	of	ADP
fennia-3728	136	8	agglomeration	agglomeration	NOUN
fennia-3728	136	9	is	be	AUX
fennia-3728	136	10	the	the	DET
fennia-3728	136	11	financial	financial	ADJ
fennia-3728	136	12	services	service	NOUN
fennia-3728	136	13	industry	industry	NOUN
fennia-3728	136	14	itself	itself	PRON
fennia-3728	136	15	.	.	PUNCT
fennia-3728	137	1	especially	especially	ADV
fennia-3728	137	2	in	in	ADP
fennia-3728	137	3	securities	security	NOUN
fennia-3728	137	4	markets	market	NOUN
fennia-3728	137	5	,	,	PUNCT
fennia-3728	137	6	the	the	DET
fennia-3728	137	7	benefits	benefit	NOUN
fennia-3728	137	8	of	of	ADP
fennia-3728	137	9	large	large	ADJ
fennia-3728	137	10	scale	scale	NOUN
fennia-3728	137	11	operation	operation	NOUN
fennia-3728	137	12	are	be	AUX
fennia-3728	137	13	so	so	ADV
fennia-3728	137	14	important	important	ADJ
fennia-3728	137	15	that	that	SCONJ
fennia-3728	137	16	the	the	DET
fennia-3728	137	17	financial	financial	ADJ
fennia-3728	137	18	services	service	NOUN
fennia-3728	137	19	industry	industry	NOUN
fennia-3728	137	20	concentrates	concentrate	VERB
fennia-3728	137	21	in	in	ADP
fennia-3728	137	22	great	great	ADJ
fennia-3728	137	23	cities	city	NOUN
fennia-3728	137	24	such	such	ADJ
fennia-3728	137	25	as	as	ADP
fennia-3728	137	26	london	london	PROPN
fennia-3728	137	27	or	or	CCONJ
fennia-3728	137	28	frankfurt	frankfurt	PROPN
fennia-3728	137	29	even	even	ADV
fennia-3728	137	30	though	though	SCONJ
fennia-3728	137	31	the	the	DET
fennia-3728	137	32	cost	cost	NOUN
fennia-3728	137	33	of	of	ADP
fennia-3728	137	34	labour	labour	NOUN
fennia-3728	137	35	and	and	CCONJ
fennia-3728	137	36	land	land	NOUN
fennia-3728	137	37	in	in	ADP
fennia-3728	137	38	these	these	DET
fennia-3728	137	39	financial	financial	ADJ
fennia-3728	137	40	centres	centre	NOUN
fennia-3728	137	41	is	be	AUX
fennia-3728	137	42	higher	high	ADJ
fennia-3728	137	43	than	than	ADP
fennia-3728	137	44	in	in	ADP
fennia-3728	137	45	other	other	ADJ
fennia-3728	137	46	cities	city	NOUN
fennia-3728	137	47	.	.	PUNCT
fennia-3728	138	1	fortunately	fortunately	ADV
fennia-3728	138	2	,	,	PUNCT
fennia-3728	138	3	the	the	DET
fennia-3728	138	4	benefits	benefit	NOUN
fennia-3728	138	5	of	of	ADP
fennia-3728	138	6	concentration	concentration	NOUN
fennia-3728	138	7	emphasised	emphasise	VERB
fennia-3728	138	8	by	by	ADP
fennia-3728	138	9	new	new	ADJ
fennia-3728	138	10	economic	economic	ADJ
fennia-3728	138	11	geography	geography	NOUN
fennia-3728	138	12	can	can	AUX
fennia-3728	138	13	be	be	AUX
fennia-3728	138	14	achieved	achieve	VERB
fennia-3728	138	15	also	also	ADV
fennia-3728	138	16	in	in	ADP
fennia-3728	138	17	smaller	small	ADJ
fennia-3728	138	18	cities	city	NOUN
fennia-3728	138	19	,	,	PUNCT
fennia-3728	138	20	at	at	ADP
fennia-3728	138	21	least	least	ADJ
fennia-3728	138	22	in	in	ADP
fennia-3728	138	23	the	the	DET
fennia-3728	138	24	case	case	NOUN
fennia-3728	138	25	of	of	ADP
fennia-3728	138	26	narrowly	narrowly	ADV
fennia-3728	138	27	focused	focused	ADJ
fennia-3728	138	28	“	"	PUNCT
fennia-3728	138	29	niche	niche	NOUN
fennia-3728	138	30	”	"	PUNCT
fennia-3728	138	31	industries	industry	NOUN
fennia-3728	138	32	.	.	PUNCT
fennia-3728	139	1	even	even	ADV
fennia-3728	139	2	finland	finland	PROPN
fennia-3728	139	3	has	have	VERB
fennia-3728	139	4	several	several	ADJ
fennia-3728	139	5	examples	example	NOUN
fennia-3728	139	6	of	of	ADP
fennia-3728	139	7	firms	firm	NOUN
fennia-3728	139	8	which	which	PRON
fennia-3728	139	9	are	be	AUX
fennia-3728	139	10	world	world	NOUN
fennia-3728	139	11	-	-	PUNCT
fennia-3728	139	12	class	class	NOUN
fennia-3728	139	13	actors	actor	NOUN
fennia-3728	139	14	in	in	ADP
fennia-3728	139	15	their	their	PRON
fennia-3728	139	16	markets	market	NOUN
fennia-3728	139	17	even	even	ADV
fennia-3728	139	18	though	though	SCONJ
fennia-3728	139	19	they	they	PRON
fennia-3728	139	20	may	may	AUX
fennia-3728	139	21	not	not	PART
fennia-3728	139	22	be	be	AUX
fennia-3728	139	23	very	very	ADV
fennia-3728	139	24	big	big	ADJ
fennia-3728	139	25	companies	company	NOUN
fennia-3728	139	26	as	as	ADP
fennia-3728	139	27	such	such	ADJ
fennia-3728	139	28	,	,	PUNCT
fennia-3728	139	29	and	and	CCONJ
fennia-3728	139	30	even	even	ADV
fennia-3728	139	31	if	if	SCONJ
fennia-3728	139	32	they	they	PRON
fennia-3728	139	33	are	be	AUX
fennia-3728	139	34	not	not	PART
fennia-3728	139	35	located	locate	VERB
fennia-3728	139	36	in	in	ADP
fennia-3728	139	37	a	a	DET
fennia-3728	139	38	large	large	ADJ
fennia-3728	139	39	metropolis	metropolis	NOUN
fennia-3728	139	40	.	.	PUNCT
fennia-3728	140	1	market	market	NOUN
fennia-3728	140	2	for	for	ADP
fennia-3728	140	3	risks	risk	NOUN
fennia-3728	140	4	let	let	VERB
fennia-3728	140	5	us	we	PRON
fennia-3728	140	6	now	now	ADV
fennia-3728	140	7	turn	turn	VERB
fennia-3728	140	8	to	to	ADP
fennia-3728	140	9	the	the	DET
fennia-3728	140	10	second	second	ADJ
fennia-3728	140	11	function	function	NOUN
fennia-3728	140	12	of	of	ADP
fennia-3728	140	13	financial	financial	ADJ
fennia-3728	140	14	markets	market	NOUN
fennia-3728	140	15	,	,	PUNCT
fennia-3728	140	16	the	the	DET
fennia-3728	140	17	transfer	transfer	NOUN
fennia-3728	140	18	of	of	ADP
fennia-3728	140	19	risk	risk	NOUN
fennia-3728	140	20	.	.	PUNCT
fennia-3728	141	1	financial	financial	ADJ
fennia-3728	141	2	markets	market	NOUN
fennia-3728	141	3	allow	allow	VERB
fennia-3728	141	4	investors	investor	NOUN
fennia-3728	141	5	to	to	PART
fennia-3728	141	6	diversify	diversify	VERB
fennia-3728	141	7	their	their	PRON
fennia-3728	141	8	assets	asset	NOUN
fennia-3728	141	9	so	so	SCONJ
fennia-3728	141	10	that	that	SCONJ
fennia-3728	141	11	the	the	DET
fennia-3728	141	12	overall	overall	ADJ
fennia-3728	141	13	risk	risk	NOUN
fennia-3728	141	14	of	of	ADP
fennia-3728	141	15	their	their	PRON
fennia-3728	141	16	portfolios	portfolio	NOUN
fennia-3728	141	17	is	be	AUX
fennia-3728	141	18	reduced	reduce	VERB
fennia-3728	141	19	.	.	PUNCT
fennia-3728	142	1	also	also	ADV
fennia-3728	142	2	,	,	PUNCT
fennia-3728	142	3	the	the	DET
fennia-3728	142	4	markets	market	NOUN
fennia-3728	142	5	allow	allow	VERB
fennia-3728	142	6	entrepreneurs	entrepreneur	NOUN
fennia-3728	142	7	to	to	PART
fennia-3728	142	8	sell	sell	VERB
fennia-3728	142	9	some	some	PRON
fennia-3728	142	10	of	of	ADP
fennia-3728	142	11	their	their	PRON
fennia-3728	142	12	business	business	NOUN
fennia-3728	142	13	risks	risk	NOUN
fennia-3728	142	14	to	to	ADP
fennia-3728	142	15	outside	outside	ADJ
fennia-3728	142	16	investors	investor	NOUN
fennia-3728	142	17	so	so	SCONJ
fennia-3728	142	18	that	that	SCONJ
fennia-3728	142	19	firms	firm	NOUN
fennia-3728	142	20	can	can	AUX
fennia-3728	142	21	grow	grow	VERB
fennia-3728	142	22	faster	fast	ADV
fennia-3728	142	23	and	and	CCONJ
fennia-3728	142	24	take	take	VERB
fennia-3728	142	25	more	more	ADJ
fennia-3728	142	26	investment	investment	NOUN
fennia-3728	142	27	risk	risk	NOUN
fennia-3728	142	28	.	.	PUNCT
fennia-3728	143	1	the	the	DET
fennia-3728	143	2	markets	market	NOUN
fennia-3728	143	3	also	also	ADV
fennia-3728	143	4	price	price	VERB
fennia-3728	143	5	risks	risk	NOUN
fennia-3728	143	6	and	and	CCONJ
fennia-3728	143	7	this	this	PRON
fennia-3728	143	8	affects	affect	VERB
fennia-3728	143	9	capital	capital	NOUN
fennia-3728	143	10	costs	cost	NOUN
fennia-3728	143	11	for	for	ADP
fennia-3728	143	12	firms	firm	NOUN
fennia-3728	143	13	and	and	CCONJ
fennia-3728	143	14	the	the	DET
fennia-3728	143	15	return	return	NOUN
fennia-3728	143	16	expectations	expectation	NOUN
fennia-3728	143	17	of	of	ADP
fennia-3728	143	18	savers	saver	NOUN
fennia-3728	143	19	.	.	PUNCT
fennia-3728	144	1	generally	generally	ADV
fennia-3728	144	2	,	,	PUNCT
fennia-3728	144	3	riskier	risky	ADJ
fennia-3728	144	4	projects	project	NOUN
fennia-3728	144	5	must	must	AUX
fennia-3728	144	6	have	have	VERB
fennia-3728	144	7	higher	high	ADJ
fennia-3728	144	8	rates	rate	NOUN
fennia-3728	144	9	of	of	ADP
fennia-3728	144	10	return	return	NOUN
fennia-3728	144	11	than	than	ADP
fennia-3728	144	12	less	less	ADV
fennia-3728	144	13	risky	risky	ADJ
fennia-3728	144	14	ones	one	NOUN
fennia-3728	144	15	in	in	ADP
fennia-3728	144	16	order	order	NOUN
fennia-3728	144	17	to	to	PART
fennia-3728	144	18	be	be	AUX
fennia-3728	144	19	realized	realize	VERB
fennia-3728	144	20	.	.	PUNCT
fennia-3728	145	1	financial	financial	ADJ
fennia-3728	145	2	integration	integration	NOUN
fennia-3728	145	3	will	will	AUX
fennia-3728	145	4	mean	mean	VERB
fennia-3728	145	5	that	that	SCONJ
fennia-3728	145	6	some	some	PRON
fennia-3728	145	7	of	of	ADP
fennia-3728	145	8	the	the	DET
fennia-3728	145	9	risks	risk	NOUN
fennia-3728	145	10	which	which	PRON
fennia-3728	145	11	were	be	AUX
fennia-3728	145	12	not	not	PART
fennia-3728	145	13	possible	possible	ADJ
fennia-3728	145	14	to	to	PART
fennia-3728	145	15	get	get	AUX
fennia-3728	145	16	rid	rid	VERB
fennia-3728	145	17	of	of	ADP
fennia-3728	145	18	before	before	ADV
fennia-3728	145	19	,	,	PUNCT
fennia-3728	145	20	will	will	AUX
fennia-3728	145	21	become	become	VERB
fennia-3728	145	22	diversifiable	diversifiable	ADJ
fennia-3728	145	23	risks	risk	NOUN
fennia-3728	145	24	after	after	ADP
fennia-3728	145	25	integration	integration	NOUN
fennia-3728	145	26	.	.	PUNCT
fennia-3728	146	1	so	so	ADV
fennia-3728	146	2	,	,	PUNCT
fennia-3728	146	3	the	the	DET
fennia-3728	146	4	process	process	NOUN
fennia-3728	146	5	of	of	ADP
fennia-3728	146	6	financial	financial	ADJ
fennia-3728	146	7	integration	integration	NOUN
fennia-3728	146	8	reduces	reduce	VERB
fennia-3728	146	9	the	the	DET
fennia-3728	146	10	prices	price	NOUN
fennia-3728	146	11	of	of	ADP
fennia-3728	146	12	those	those	DET
fennia-3728	146	13	risks	risk	NOUN
fennia-3728	146	14	which	which	PRON
fennia-3728	146	15	it	it	PRON
fennia-3728	146	16	helps	help	VERB
fennia-3728	146	17	to	to	PART
fennia-3728	146	18	diversify	diversify	VERB
fennia-3728	146	19	(	(	PUNCT
fennia-3728	146	20	stulz	stulz	ADJ
fennia-3728	146	21	1981	1981	NUM
fennia-3728	146	22	)	)	PUNCT
fennia-3728	146	23	.	.	PUNCT
fennia-3728	147	1	this	this	PRON
fennia-3728	147	2	implies	imply	VERB
fennia-3728	147	3	that	that	SCONJ
fennia-3728	147	4	capital	capital	NOUN
fennia-3728	147	5	costs	cost	NOUN
fennia-3728	147	6	of	of	ADP
fennia-3728	147	7	firms	firm	NOUN
fennia-3728	147	8	are	be	AUX
fennia-3728	147	9	reduced	reduce	VERB
fennia-3728	147	10	and	and	CCONJ
fennia-3728	147	11	,	,	PUNCT
fennia-3728	147	12	at	at	ADP
fennia-3728	147	13	the	the	DET
fennia-3728	147	14	same	same	ADJ
fennia-3728	147	15	time	time	NOUN
fennia-3728	147	16	,	,	PUNCT
fennia-3728	147	17	the	the	DET
fennia-3728	147	18	obtainable	obtainable	ADJ
fennia-3728	147	19	risk/	risk/	NUM
fennia-3728	147	20	return	return	NOUN
fennia-3728	147	21	mix	mix	NOUN
fennia-3728	147	22	is	be	AUX
fennia-3728	147	23	improved	improve	VERB
fennia-3728	147	24	for	for	ADP
fennia-3728	147	25	savers	saver	NOUN
fennia-3728	147	26	.	.	PUNCT
fennia-3728	148	1	because	because	SCONJ
fennia-3728	148	2	certain	certain	ADJ
fennia-3728	148	3	risks	risk	NOUN
fennia-3728	148	4	will	will	AUX
fennia-3728	148	5	become	become	VERB
fennia-3728	148	6	cheaper	cheap	ADJ
fennia-3728	148	7	,	,	PUNCT
fennia-3728	148	8	they	they	PRON
fennia-3728	148	9	depress	depress	VERB
fennia-3728	148	10	financial	financial	ADJ
fennia-3728	148	11	asset	asset	NOUN
fennia-3728	148	12	prices	price	NOUN
fennia-3728	148	13	less	less	ADJ
fennia-3728	148	14	than	than	ADP
fennia-3728	148	15	before	before	ADP
fennia-3728	148	16	integration	integration	NOUN
fennia-3728	148	17	and	and	CCONJ
fennia-3728	148	18	therefore	therefore	ADV
fennia-3728	148	19	,	,	PUNCT
fennia-3728	148	20	required	require	VERB
fennia-3728	148	21	rates	rate	NOUN
fennia-3728	148	22	of	of	ADP
fennia-3728	148	23	return	return	NOUN
fennia-3728	148	24	decline	decline	NOUN
fennia-3728	148	25	and	and	CCONJ
fennia-3728	148	26	asset	asset	NOUN
fennia-3728	148	27	24	24	NUM
fennia-3728	148	28	fennia	fennia	NOUN
fennia-3728	148	29	184	184	NUM
fennia-3728	148	30	:	:	SYM
fennia-3728	148	31	1	1	NUM
fennia-3728	148	32	(	(	PUNCT
fennia-3728	148	33	2006)sinikka	2006)sinikka	NUM
fennia-3728	148	34	salo	salo	NOUN
fennia-3728	148	35	prices	price	NOUN
fennia-3728	148	36	generally	generally	ADV
fennia-3728	148	37	appreciate	appreciate	VERB
fennia-3728	148	38	as	as	ADP
fennia-3728	148	39	a	a	DET
fennia-3728	148	40	result	result	NOUN
fennia-3728	148	41	of	of	ADP
fennia-3728	148	42	increased	increase	VERB
fennia-3728	148	43	diversification	diversification	NOUN
fennia-3728	148	44	possibilities	possibility	NOUN
fennia-3728	148	45	.	.	PUNCT
fennia-3728	149	1	the	the	DET
fennia-3728	149	2	biggest	big	ADJ
fennia-3728	149	3	gainers	gainer	NOUN
fennia-3728	149	4	from	from	ADP
fennia-3728	149	5	this	this	DET
fennia-3728	149	6	process	process	NOUN
fennia-3728	149	7	are	be	AUX
fennia-3728	149	8	the	the	DET
fennia-3728	149	9	companies	company	NOUN
fennia-3728	149	10	which	which	PRON
fennia-3728	149	11	,	,	PUNCT
fennia-3728	149	12	before	before	ADP
fennia-3728	149	13	integration	integration	NOUN
fennia-3728	149	14	,	,	PUNCT
fennia-3728	149	15	represented	represent	VERB
fennia-3728	149	16	“	"	PUNCT
fennia-3728	149	17	dominant	dominant	ADJ
fennia-3728	149	18	risks	risk	NOUN
fennia-3728	149	19	”	"	PUNCT
fennia-3728	149	20	in	in	ADP
fennia-3728	149	21	their	their	PRON
fennia-3728	149	22	home	home	NOUN
fennia-3728	149	23	country	country	NOUN
fennia-3728	149	24	but	but	CCONJ
fennia-3728	149	25	which	which	DET
fennia-3728	149	26	thanks	thank	NOUN
fennia-3728	149	27	to	to	ADP
fennia-3728	149	28	integration	integration	NOUN
fennia-3728	149	29	can	can	AUX
fennia-3728	149	30	spread	spread	VERB
fennia-3728	149	31	their	their	PRON
fennia-3728	149	32	ownership	ownership	NOUN
fennia-3728	149	33	and	and	CCONJ
fennia-3728	149	34	their	their	PRON
fennia-3728	149	35	business	business	NOUN
fennia-3728	149	36	risks	risk	NOUN
fennia-3728	149	37	internationally	internationally	ADV
fennia-3728	149	38	.	.	PUNCT
fennia-3728	150	1	nokia	nokia	NOUN
fennia-3728	150	2	is	be	AUX
fennia-3728	150	3	a	a	DET
fennia-3728	150	4	perfect	perfect	ADJ
fennia-3728	150	5	example	example	NOUN
fennia-3728	150	6	of	of	ADP
fennia-3728	150	7	this	this	PRON
fennia-3728	150	8	.	.	PUNCT
fennia-3728	151	1	it	it	PRON
fennia-3728	151	2	would	would	AUX
fennia-3728	151	3	be	be	AUX
fennia-3728	151	4	very	very	ADV
fennia-3728	151	5	risky	risky	ADJ
fennia-3728	151	6	and	and	CCONJ
fennia-3728	151	7	virtually	virtually	ADV
fennia-3728	151	8	impossible	impossible	ADJ
fennia-3728	151	9	to	to	PART
fennia-3728	151	10	have	have	VERB
fennia-3728	151	11	an	an	DET
fennia-3728	151	12	industrial	industrial	ADJ
fennia-3728	151	13	giant	giant	NOUN
fennia-3728	151	14	like	like	ADP
fennia-3728	151	15	nokia	nokia	NOUN
fennia-3728	151	16	in	in	ADP
fennia-3728	151	17	finland	finland	PROPN
fennia-3728	151	18	without	without	ADP
fennia-3728	151	19	the	the	DET
fennia-3728	151	20	broad	broad	ADJ
fennia-3728	151	21	international	international	ADJ
fennia-3728	151	22	ownership	ownership	NOUN
fennia-3728	151	23	made	make	VERB
fennia-3728	151	24	possible	possible	ADJ
fennia-3728	151	25	by	by	ADP
fennia-3728	151	26	financial	financial	ADJ
fennia-3728	151	27	integration	integration	NOUN
fennia-3728	151	28	.	.	PUNCT
fennia-3728	152	1	what	what	PRON
fennia-3728	152	2	then	then	ADV
fennia-3728	152	3	is	be	AUX
fennia-3728	152	4	the	the	DET
fennia-3728	152	5	regional	regional	ADJ
fennia-3728	152	6	dimension	dimension	NOUN
fennia-3728	152	7	of	of	ADP
fennia-3728	152	8	the	the	DET
fennia-3728	152	9	increasing	increase	VERB
fennia-3728	152	10	possibilities	possibility	NOUN
fennia-3728	152	11	to	to	PART
fennia-3728	152	12	diversify	diversify	VERB
fennia-3728	152	13	investment	investment	NOUN
fennia-3728	152	14	risks	risk	NOUN
fennia-3728	152	15	in	in	ADP
fennia-3728	152	16	world	world	NOUN
fennia-3728	152	17	markets	market	NOUN
fennia-3728	152	18	?	?	PUNCT
fennia-3728	153	1	an	an	DET
fennia-3728	153	2	important	important	ADJ
fennia-3728	153	3	effect	effect	NOUN
fennia-3728	153	4	is	be	AUX
fennia-3728	153	5	that	that	SCONJ
fennia-3728	153	6	integration	integration	NOUN
fennia-3728	153	7	makes	make	VERB
fennia-3728	153	8	it	it	PRON
fennia-3728	153	9	possible	possible	ADJ
fennia-3728	153	10	for	for	ADP
fennia-3728	153	11	companies	company	NOUN
fennia-3728	153	12	operating	operate	VERB
fennia-3728	153	13	in	in	ADP
fennia-3728	153	14	their	their	PRON
fennia-3728	153	15	home	home	NOUN
fennia-3728	153	16	regions	region	NOUN
fennia-3728	153	17	to	to	PART
fennia-3728	153	18	finance	finance	VERB
fennia-3728	153	19	larger	large	ADJ
fennia-3728	153	20	investments	investment	NOUN
fennia-3728	153	21	and	and	CCONJ
fennia-3728	153	22	specialise	specialise	NOUN
fennia-3728	153	23	in	in	ADP
fennia-3728	153	24	a	a	DET
fennia-3728	153	25	more	more	ADV
fennia-3728	153	26	courageous	courageous	ADJ
fennia-3728	153	27	way	way	NOUN
fennia-3728	153	28	than	than	SCONJ
fennia-3728	153	29	they	they	PRON
fennia-3728	153	30	otherwise	otherwise	ADV
fennia-3728	153	31	could	could	AUX
fennia-3728	153	32	.	.	PUNCT
fennia-3728	154	1	thus	thus	ADV
fennia-3728	154	2	,	,	PUNCT
fennia-3728	154	3	financial	financial	ADJ
fennia-3728	154	4	integration	integration	NOUN
fennia-3728	154	5	favours	favour	VERB
fennia-3728	154	6	,	,	PUNCT
fennia-3728	154	7	or	or	CCONJ
fennia-3728	154	8	even	even	ADV
fennia-3728	154	9	enables	enable	NOUN
fennia-3728	154	10	,	,	PUNCT
fennia-3728	154	11	greater	great	ADJ
fennia-3728	154	12	regional	regional	ADJ
fennia-3728	154	13	specialisation	specialisation	NOUN
fennia-3728	154	14	and	and	CCONJ
fennia-3728	154	15	concentration	concentration	NOUN
fennia-3728	154	16	of	of	ADP
fennia-3728	154	17	business	business	NOUN
fennia-3728	154	18	,	,	PUNCT
fennia-3728	154	19	especially	especially	ADV
fennia-3728	154	20	for	for	ADP
fennia-3728	154	21	companies	company	NOUN
fennia-3728	154	22	which	which	PRON
fennia-3728	154	23	are	be	AUX
fennia-3728	154	24	large	large	ADJ
fennia-3728	154	25	enough	enough	ADV
fennia-3728	154	26	to	to	PART
fennia-3728	154	27	benefit	benefit	VERB
fennia-3728	154	28	from	from	ADP
fennia-3728	154	29	the	the	DET
fennia-3728	154	30	possibility	possibility	NOUN
fennia-3728	154	31	of	of	ADP
fennia-3728	154	32	an	an	DET
fennia-3728	154	33	internationally	internationally	ADV
fennia-3728	154	34	diversified	diversify	VERB
fennia-3728	154	35	ownership	ownership	NOUN
fennia-3728	154	36	.	.	PUNCT
fennia-3728	155	1	as	as	ADP
fennia-3728	155	2	a	a	DET
fennia-3728	155	3	result	result	NOUN
fennia-3728	155	4	of	of	ADP
fennia-3728	155	5	increased	increase	VERB
fennia-3728	155	6	diversification	diversification	NOUN
fennia-3728	155	7	of	of	ADP
fennia-3728	155	8	asset	asset	NOUN
fennia-3728	155	9	holdings	holding	NOUN
fennia-3728	155	10	,	,	PUNCT
fennia-3728	155	11	savers	saver	NOUN
fennia-3728	155	12	are	be	AUX
fennia-3728	155	13	able	able	ADJ
fennia-3728	155	14	to	to	PART
fennia-3728	155	15	isolate	isolate	VERB
fennia-3728	155	16	themselves	themselves	PRON
fennia-3728	155	17	better	well	ADV
fennia-3728	155	18	from	from	ADP
fennia-3728	155	19	economic	economic	ADJ
fennia-3728	155	20	fluctuations	fluctuation	NOUN
fennia-3728	155	21	taking	take	VERB
fennia-3728	155	22	place	place	NOUN
fennia-3728	155	23	in	in	ADP
fennia-3728	155	24	their	their	PRON
fennia-3728	155	25	home	home	NOUN
fennia-3728	155	26	region	region	NOUN
fennia-3728	155	27	.	.	PUNCT
fennia-3728	156	1	market	market	NOUN
fennia-3728	156	2	for	for	ADP
fennia-3728	156	3	control	control	NOUN
fennia-3728	156	4	the	the	DET
fennia-3728	156	5	third	third	ADJ
fennia-3728	156	6	function	function	NOUN
fennia-3728	156	7	of	of	ADP
fennia-3728	156	8	financial	financial	ADJ
fennia-3728	156	9	markets	market	NOUN
fennia-3728	156	10	is	be	AUX
fennia-3728	156	11	to	to	PART
fennia-3728	156	12	transfer	transfer	VERB
fennia-3728	156	13	control	control	NOUN
fennia-3728	156	14	(	(	PUNCT
fennia-3728	156	15	jensen	jensen	PROPN
fennia-3728	156	16	&	&	CCONJ
fennia-3728	156	17	ruback	ruback	PROPN
fennia-3728	156	18	1983	1983	NUM
fennia-3728	156	19	)	)	PUNCT
fennia-3728	156	20	.	.	PUNCT
fennia-3728	157	1	buying	buy	VERB
fennia-3728	157	2	a	a	DET
fennia-3728	157	3	large	large	ADJ
fennia-3728	157	4	number	number	NOUN
fennia-3728	157	5	of	of	ADP
fennia-3728	157	6	shares	share	NOUN
fennia-3728	157	7	in	in	ADP
fennia-3728	157	8	a	a	DET
fennia-3728	157	9	company	company	NOUN
fennia-3728	157	10	will	will	AUX
fennia-3728	157	11	give	give	VERB
fennia-3728	157	12	the	the	DET
fennia-3728	157	13	investor	investor	NOUN
fennia-3728	157	14	some	some	DET
fennia-3728	157	15	control	control	NOUN
fennia-3728	157	16	in	in	ADP
fennia-3728	157	17	its	its	PRON
fennia-3728	157	18	management	management	NOUN
fennia-3728	157	19	.	.	PUNCT
fennia-3728	158	1	actually	actually	ADV
fennia-3728	158	2	,	,	PUNCT
fennia-3728	158	3	corporate	corporate	ADJ
fennia-3728	158	4	control	control	NOUN
fennia-3728	158	5	is	be	AUX
fennia-3728	158	6	at	at	ADV
fennia-3728	158	7	least	least	ADJ
fennia-3728	158	8	as	as	ADP
fennia-3728	158	9	important	important	ADJ
fennia-3728	158	10	object	object	NOUN
fennia-3728	158	11	of	of	ADP
fennia-3728	158	12	trading	trading	NOUN
fennia-3728	158	13	in	in	ADP
fennia-3728	158	14	the	the	DET
fennia-3728	158	15	stock	stock	NOUN
fennia-3728	158	16	market	market	NOUN
fennia-3728	158	17	than	than	ADP
fennia-3728	158	18	funds	fund	NOUN
fennia-3728	158	19	themselves	themselves	PRON
fennia-3728	158	20	.	.	PUNCT
fennia-3728	159	1	this	this	PRON
fennia-3728	159	2	has	have	VERB
fennia-3728	159	3	very	very	ADV
fennia-3728	159	4	important	important	ADJ
fennia-3728	159	5	economic	economic	ADJ
fennia-3728	159	6	functions	function	NOUN
fennia-3728	159	7	as	as	SCONJ
fennia-3728	159	8	if	if	SCONJ
fennia-3728	159	9	the	the	DET
fennia-3728	159	10	market	market	NOUN
fennia-3728	159	11	works	work	VERB
fennia-3728	159	12	well	well	ADV
fennia-3728	159	13	,	,	PUNCT
fennia-3728	159	14	this	this	DET
fennia-3728	159	15	control	control	NOUN
fennia-3728	159	16	will	will	AUX
fennia-3728	159	17	end	end	VERB
fennia-3728	159	18	up	up	ADP
fennia-3728	159	19	with	with	ADP
fennia-3728	159	20	those	those	DET
fennia-3728	159	21	owners	owner	NOUN
fennia-3728	159	22	who	who	PRON
fennia-3728	159	23	can	can	AUX
fennia-3728	159	24	put	put	VERB
fennia-3728	159	25	resources	resource	NOUN
fennia-3728	159	26	to	to	ADP
fennia-3728	159	27	most	most	ADV
fennia-3728	159	28	efficient	efficient	ADJ
fennia-3728	159	29	use	use	NOUN
fennia-3728	159	30	.	.	PUNCT
fennia-3728	160	1	also	also	ADV
fennia-3728	160	2	,	,	PUNCT
fennia-3728	160	3	selling	sell	VERB
fennia-3728	160	4	some	some	DET
fennia-3728	160	5	corporate	corporate	ADJ
fennia-3728	160	6	control	control	NOUN
fennia-3728	160	7	to	to	ADP
fennia-3728	160	8	outside	outside	ADJ
fennia-3728	160	9	investors	investor	NOUN
fennia-3728	160	10	will	will	AUX
fennia-3728	160	11	allow	allow	VERB
fennia-3728	160	12	innovators	innovator	NOUN
fennia-3728	160	13	to	to	PART
fennia-3728	160	14	get	get	VERB
fennia-3728	160	15	much	much	ADV
fennia-3728	160	16	more	more	ADJ
fennia-3728	160	17	capital	capital	NOUN
fennia-3728	160	18	than	than	SCONJ
fennia-3728	160	19	would	would	AUX
fennia-3728	160	20	be	be	AUX
fennia-3728	160	21	possible	possible	ADJ
fennia-3728	160	22	otherwise	otherwise	ADV
fennia-3728	160	23	.	.	PUNCT
fennia-3728	161	1	this	this	PRON
fennia-3728	161	2	is	be	AUX
fennia-3728	161	3	actually	actually	ADV
fennia-3728	161	4	the	the	DET
fennia-3728	161	5	main	main	ADJ
fennia-3728	161	6	principle	principle	NOUN
fennia-3728	161	7	of	of	ADP
fennia-3728	161	8	the	the	DET
fennia-3728	161	9	venture	venture	NOUN
fennia-3728	161	10	capital	capital	NOUN
fennia-3728	161	11	industry	industry	NOUN
fennia-3728	161	12	.	.	PUNCT
fennia-3728	162	1	in	in	ADP
fennia-3728	162	2	financial	financial	ADJ
fennia-3728	162	3	integration	integration	NOUN
fennia-3728	162	4	,	,	PUNCT
fennia-3728	162	5	the	the	DET
fennia-3728	162	6	market	market	NOUN
fennia-3728	162	7	for	for	ADP
fennia-3728	162	8	corporate	corporate	ADJ
fennia-3728	162	9	control	control	NOUN
fennia-3728	162	10	will	will	AUX
fennia-3728	162	11	work	work	VERB
fennia-3728	162	12	so	so	SCONJ
fennia-3728	162	13	as	as	SCONJ
fennia-3728	162	14	to	to	PART
fennia-3728	162	15	spread	spread	VERB
fennia-3728	162	16	the	the	DET
fennia-3728	162	17	most	most	ADV
fennia-3728	162	18	efficient	efficient	ADJ
fennia-3728	162	19	management	management	NOUN
fennia-3728	162	20	methods	method	NOUN
fennia-3728	162	21	from	from	ADP
fennia-3728	162	22	region	region	NOUN
fennia-3728	162	23	or	or	CCONJ
fennia-3728	162	24	country	country	NOUN
fennia-3728	162	25	to	to	ADP
fennia-3728	162	26	another	another	PRON
fennia-3728	162	27	.	.	PUNCT
fennia-3728	163	1	companies	company	NOUN
fennia-3728	163	2	which	which	PRON
fennia-3728	163	3	could	could	AUX
fennia-3728	163	4	be	be	AUX
fennia-3728	163	5	better	well	ADV
fennia-3728	163	6	managed	manage	VERB
fennia-3728	163	7	will	will	AUX
fennia-3728	163	8	change	change	VERB
fennia-3728	163	9	owners	owner	NOUN
fennia-3728	163	10	and	and	CCONJ
fennia-3728	163	11	be	be	AUX
fennia-3728	163	12	reorganised	reorganise	VERB
fennia-3728	163	13	.	.	PUNCT
fennia-3728	164	1	the	the	DET
fennia-3728	164	2	effect	effect	NOUN
fennia-3728	164	3	of	of	ADP
fennia-3728	164	4	this	this	PRON
fennia-3728	164	5	is	be	AUX
fennia-3728	164	6	that	that	SCONJ
fennia-3728	164	7	the	the	DET
fennia-3728	164	8	market	market	NOUN
fennia-3728	164	9	value	value	NOUN
fennia-3728	164	10	of	of	ADP
fennia-3728	164	11	“	"	PUNCT
fennia-3728	164	12	best	good	ADJ
fennia-3728	164	13	practice	practice	NOUN
fennia-3728	164	14	”	"	PUNCT
fennia-3728	164	15	management	management	NOUN
fennia-3728	164	16	and	and	CCONJ
fennia-3728	164	17	“	"	PUNCT
fennia-3728	164	18	best	good	ADJ
fennia-3728	164	19	practice	practice	NOUN
fennia-3728	164	20	”	"	PUNCT
fennia-3728	164	21	technologies	technology	NOUN
fennia-3728	164	22	will	will	AUX
fennia-3728	164	23	increase	increase	VERB
fennia-3728	164	24	at	at	ADP
fennia-3728	164	25	the	the	DET
fennia-3728	164	26	expense	expense	NOUN
fennia-3728	164	27	of	of	ADP
fennia-3728	164	28	substandard	substandard	ADJ
fennia-3728	164	29	management	management	NOUN
fennia-3728	164	30	and	and	CCONJ
fennia-3728	164	31	production	production	NOUN
fennia-3728	164	32	practices	practice	NOUN
fennia-3728	164	33	.	.	PUNCT
fennia-3728	165	1	the	the	DET
fennia-3728	165	2	market	market	NOUN
fennia-3728	165	3	for	for	ADP
fennia-3728	165	4	corporate	corporate	ADJ
fennia-3728	165	5	control	control	NOUN
fennia-3728	165	6	is	be	AUX
fennia-3728	165	7	thus	thus	ADV
fennia-3728	165	8	crucial	crucial	ADJ
fennia-3728	165	9	for	for	ADP
fennia-3728	165	10	innovation	innovation	NOUN
fennia-3728	165	11	and	and	CCONJ
fennia-3728	165	12	productivity	productivity	NOUN
fennia-3728	165	13	improvements	improvement	NOUN
fennia-3728	165	14	.	.	PUNCT
fennia-3728	166	1	the	the	DET
fennia-3728	166	2	role	role	NOUN
fennia-3728	166	3	of	of	ADP
fennia-3728	166	4	foreign	foreign	ADJ
fennia-3728	166	5	direct	direct	ADJ
fennia-3728	166	6	investment	investment	NOUN
fennia-3728	166	7	in	in	ADP
fennia-3728	166	8	technology	technology	NOUN
fennia-3728	166	9	transfer	transfer	NOUN
fennia-3728	166	10	has	have	AUX
fennia-3728	166	11	been	be	AUX
fennia-3728	166	12	understood	understand	VERB
fennia-3728	166	13	already	already	ADV
fennia-3728	166	14	for	for	ADP
fennia-3728	166	15	some	some	DET
fennia-3728	166	16	time	time	NOUN
fennia-3728	166	17	(	(	PUNCT
fennia-3728	166	18	see	see	VERB
fennia-3728	166	19	unctad	unctad	NOUN
fennia-3728	166	20	1998	1998	NUM
fennia-3728	166	21	)	)	PUNCT
fennia-3728	166	22	.	.	PUNCT
fennia-3728	167	1	over	over	ADP
fennia-3728	167	2	the	the	DET
fennia-3728	167	3	last	last	ADJ
fennia-3728	167	4	ten	ten	NUM
fennia-3728	167	5	years	year	NOUN
fennia-3728	167	6	,	,	PUNCT
fennia-3728	167	7	financial	financial	ADJ
fennia-3728	167	8	integration	integration	NOUN
fennia-3728	167	9	has	have	AUX
fennia-3728	167	10	probably	probably	ADV
fennia-3728	167	11	had	have	VERB
fennia-3728	167	12	the	the	DET
fennia-3728	167	13	greatest	great	ADJ
fennia-3728	167	14	impact	impact	NOUN
fennia-3728	167	15	just	just	ADV
fennia-3728	167	16	through	through	ADP
fennia-3728	167	17	the	the	DET
fennia-3728	167	18	market	market	NOUN
fennia-3728	167	19	for	for	ADP
fennia-3728	167	20	corporate	corporate	ADJ
fennia-3728	167	21	control	control	NOUN
fennia-3728	167	22	.	.	PUNCT
fennia-3728	168	1	this	this	PRON
fennia-3728	168	2	is	be	AUX
fennia-3728	168	3	apparent	apparent	ADJ
fennia-3728	168	4	from	from	ADP
fennia-3728	168	5	the	the	DET
fennia-3728	168	6	example	example	NOUN
fennia-3728	168	7	of	of	ADP
fennia-3728	168	8	china	china	PROPN
fennia-3728	168	9	,	,	PUNCT
fennia-3728	168	10	which	which	PRON
fennia-3728	168	11	has	have	AUX
fennia-3728	168	12	been	be	AUX
fennia-3728	168	13	a	a	DET
fennia-3728	168	14	major	major	ADJ
fennia-3728	168	15	exporter	exporter	NOUN
fennia-3728	168	16	of	of	ADP
fennia-3728	168	17	capital	capital	NOUN
fennia-3728	168	18	for	for	ADP
fennia-3728	168	19	about	about	ADV
fennia-3728	168	20	10	10	NUM
fennia-3728	168	21	years	year	NOUN
fennia-3728	168	22	now	now	ADV
fennia-3728	168	23	,	,	PUNCT
fennia-3728	168	24	since	since	SCONJ
fennia-3728	168	25	1997	1997	NUM
fennia-3728	168	26	.	.	PUNCT
fennia-3728	169	1	in	in	ADP
fennia-3728	169	2	net	net	ADJ
fennia-3728	169	3	terms	term	NOUN
fennia-3728	169	4	,	,	PUNCT
fennia-3728	169	5	china	china	PROPN
fennia-3728	169	6	has	have	AUX
fennia-3728	169	7	been	be	AUX
fennia-3728	169	8	investing	invest	VERB
fennia-3728	169	9	abroad	abroad	ADV
fennia-3728	169	10	more	more	ADJ
fennia-3728	169	11	than	than	ADP
fennia-3728	169	12	other	other	ADJ
fennia-3728	169	13	countries	country	NOUN
fennia-3728	169	14	have	have	AUX
fennia-3728	169	15	invested	invest	VERB
fennia-3728	169	16	in	in	ADP
fennia-3728	169	17	china	china	PROPN
fennia-3728	169	18	.	.	PUNCT
fennia-3728	170	1	for	for	ADP
fennia-3728	170	2	chinese	chinese	ADJ
fennia-3728	170	3	development	development	NOUN
fennia-3728	170	4	,	,	PUNCT
fennia-3728	170	5	however	however	ADV
fennia-3728	170	6	,	,	PUNCT
fennia-3728	170	7	the	the	DET
fennia-3728	170	8	important	important	ADJ
fennia-3728	170	9	issue	issue	NOUN
fennia-3728	170	10	has	have	AUX
fennia-3728	170	11	not	not	PART
fennia-3728	170	12	been	be	AUX
fennia-3728	170	13	the	the	DET
fennia-3728	170	14	net	net	ADJ
fennia-3728	170	15	capital	capital	NOUN
fennia-3728	170	16	flow	flow	NOUN
fennia-3728	170	17	–	–	PUNCT
fennia-3728	170	18	which	which	PRON
fennia-3728	170	19	was	be	AUX
fennia-3728	170	20	outward	outward	ADV
fennia-3728	170	21	in	in	ADP
fennia-3728	170	22	any	any	DET
fennia-3728	170	23	case	case	NOUN
fennia-3728	170	24	–	–	PUNCT
fennia-3728	170	25	but	but	CCONJ
fennia-3728	170	26	rather	rather	ADV
fennia-3728	170	27	the	the	DET
fennia-3728	170	28	foreign	foreign	ADJ
fennia-3728	170	29	direct	direct	ADJ
fennia-3728	170	30	investment	investment	NOUN
fennia-3728	170	31	.	.	PUNCT
fennia-3728	171	1	the	the	DET
fennia-3728	171	2	effect	effect	NOUN
fennia-3728	171	3	of	of	ADP
fennia-3728	171	4	this	this	DET
fennia-3728	171	5	phenomenon	phenomenon	NOUN
fennia-3728	171	6	is	be	AUX
fennia-3728	171	7	that	that	SCONJ
fennia-3728	171	8	instead	instead	ADV
fennia-3728	171	9	of	of	ADP
fennia-3728	171	10	capital	capital	NOUN
fennia-3728	171	11	as	as	ADP
fennia-3728	171	12	such	such	ADJ
fennia-3728	171	13	,	,	PUNCT
fennia-3728	171	14	china	china	PROPN
fennia-3728	171	15	has	have	AUX
fennia-3728	171	16	been	be	AUX
fennia-3728	171	17	importing	import	VERB
fennia-3728	171	18	foreign	foreign	ADJ
fennia-3728	171	19	control	control	NOUN
fennia-3728	171	20	,	,	PUNCT
fennia-3728	171	21	management	management	NOUN
fennia-3728	171	22	and	and	CCONJ
fennia-3728	171	23	technology	technology	NOUN
fennia-3728	171	24	in	in	ADP
fennia-3728	171	25	large	large	ADJ
fennia-3728	171	26	amounts	amount	NOUN
fennia-3728	171	27	and	and	CCONJ
fennia-3728	171	28	this	this	PRON
fennia-3728	171	29	has	have	AUX
fennia-3728	171	30	actually	actually	ADV
fennia-3728	171	31	revolutionized	revolutionize	VERB
fennia-3728	171	32	the	the	DET
fennia-3728	171	33	chinese	chinese	ADJ
fennia-3728	171	34	economy	economy	NOUN
fennia-3728	171	35	and	and	CCONJ
fennia-3728	171	36	also	also	ADV
fennia-3728	171	37	the	the	DET
fennia-3728	171	38	world	world	NOUN
fennia-3728	171	39	economy	economy	NOUN
fennia-3728	171	40	in	in	ADP
fennia-3728	171	41	the	the	DET
fennia-3728	171	42	process	process	NOUN
fennia-3728	171	43	.	.	PUNCT
fennia-3728	172	1	in	in	ADP
fennia-3728	172	2	the	the	DET
fennia-3728	172	3	public	public	ADJ
fennia-3728	172	4	debate	debate	NOUN
fennia-3728	172	5	about	about	ADP
fennia-3728	172	6	international	international	ADJ
fennia-3728	172	7	financial	financial	ADJ
fennia-3728	172	8	integration	integration	NOUN
fennia-3728	172	9	,	,	PUNCT
fennia-3728	172	10	the	the	DET
fennia-3728	172	11	corporate	corporate	ADJ
fennia-3728	172	12	control	control	NOUN
fennia-3728	172	13	aspect	aspect	NOUN
fennia-3728	172	14	of	of	ADP
fennia-3728	172	15	integration	integration	NOUN
fennia-3728	172	16	is	be	AUX
fennia-3728	172	17	carried	carry	VERB
fennia-3728	172	18	out	out	ADP
fennia-3728	172	19	under	under	ADP
fennia-3728	172	20	the	the	DET
fennia-3728	172	21	rubric	rubric	ADJ
fennia-3728	172	22	“	"	PUNCT
fennia-3728	172	23	foreign	foreign	ADJ
fennia-3728	172	24	ownership	ownership	NOUN
fennia-3728	172	25	”	"	PUNCT
fennia-3728	172	26	.	.	PUNCT
fennia-3728	173	1	in	in	ADP
fennia-3728	173	2	the	the	DET
fennia-3728	173	3	media	medium	NOUN
fennia-3728	173	4	,	,	PUNCT
fennia-3728	173	5	the	the	DET
fennia-3728	173	6	question	question	NOUN
fennia-3728	173	7	is	be	AUX
fennia-3728	173	8	posed	pose	VERB
fennia-3728	173	9	by	by	ADP
fennia-3728	173	10	contrasting	contrast	VERB
fennia-3728	173	11	international	international	ADJ
fennia-3728	173	12	,	,	PUNCT
fennia-3728	173	13	distant	distant	ADJ
fennia-3728	173	14	ownership	ownership	NOUN
fennia-3728	173	15	with	with	ADP
fennia-3728	173	16	local	local	ADJ
fennia-3728	173	17	or	or	CCONJ
fennia-3728	173	18	national	national	ADJ
fennia-3728	173	19	ownership	ownership	NOUN
fennia-3728	173	20	.	.	PUNCT
fennia-3728	174	1	a	a	DET
fennia-3728	174	2	popular	popular	ADJ
fennia-3728	174	3	worry	worry	NOUN
fennia-3728	174	4	is	be	AUX
fennia-3728	174	5	that	that	PRON
fennia-3728	174	6	distant	distant	ADJ
fennia-3728	174	7	ownership	ownership	NOUN
fennia-3728	174	8	is	be	AUX
fennia-3728	174	9	by	by	ADP
fennia-3728	174	10	its	its	PRON
fennia-3728	174	11	nature	nature	NOUN
fennia-3728	174	12	destructive	destructive	ADJ
fennia-3728	174	13	,	,	PUNCT
fennia-3728	174	14	whereas	whereas	SCONJ
fennia-3728	174	15	local	local	ADJ
fennia-3728	174	16	ownership	ownership	NOUN
fennia-3728	174	17	is	be	AUX
fennia-3728	174	18	often	often	ADV
fennia-3728	174	19	seen	see	VERB
fennia-3728	174	20	as	as	ADP
fennia-3728	174	21	more	more	ADV
fennia-3728	174	22	sensitive	sensitive	ADJ
fennia-3728	174	23	to	to	ADP
fennia-3728	174	24	requirements	requirement	NOUN
fennia-3728	174	25	of	of	ADP
fennia-3728	174	26	fairness	fairness	NOUN
fennia-3728	174	27	.	.	PUNCT
fennia-3728	175	1	regionally	regionally	ADV
fennia-3728	175	2	,	,	PUNCT
fennia-3728	175	3	the	the	DET
fennia-3728	175	4	international	international	ADJ
fennia-3728	175	5	integration	integration	NOUN
fennia-3728	175	6	of	of	ADP
fennia-3728	175	7	the	the	DET
fennia-3728	175	8	market	market	NOUN
fennia-3728	175	9	for	for	ADP
fennia-3728	175	10	corporate	corporate	ADJ
fennia-3728	175	11	control	control	NOUN
fennia-3728	175	12	means	mean	VERB
fennia-3728	175	13	that	that	SCONJ
fennia-3728	175	14	global	global	ADJ
fennia-3728	175	15	instead	instead	ADV
fennia-3728	175	16	of	of	ADP
fennia-3728	175	17	national	national	ADJ
fennia-3728	175	18	best	good	ADJ
fennia-3728	175	19	practice	practice	NOUN
fennia-3728	175	20	increasingly	increasingly	ADV
fennia-3728	175	21	makes	make	VERB
fennia-3728	175	22	the	the	DET
fennia-3728	175	23	norm	norm	NOUN
fennia-3728	175	24	for	for	ADP
fennia-3728	175	25	the	the	DET
fennia-3728	175	26	efficiency	efficiency	NOUN
fennia-3728	175	27	of	of	ADP
fennia-3728	175	28	corporate	corporate	ADJ
fennia-3728	175	29	management	management	NOUN
fennia-3728	175	30	.	.	PUNCT
fennia-3728	176	1	another	another	DET
fennia-3728	176	2	beneficial	beneficial	ADJ
fennia-3728	176	3	effect	effect	NOUN
fennia-3728	176	4	is	be	AUX
fennia-3728	176	5	that	that	PRON
fennia-3728	176	6	new	new	ADJ
fennia-3728	176	7	start	start	VERB
fennia-3728	176	8	-	-	PUNCT
fennia-3728	176	9	up	up	ADP
fennia-3728	176	10	companies	company	NOUN
fennia-3728	176	11	could	could	AUX
fennia-3728	176	12	have	have	VERB
fennia-3728	176	13	a	a	DET
fennia-3728	176	14	wider	wide	ADJ
fennia-3728	176	15	choice	choice	NOUN
fennia-3728	176	16	of	of	ADP
fennia-3728	176	17	potential	potential	ADJ
fennia-3728	176	18	investors	investor	NOUN
fennia-3728	176	19	to	to	PART
fennia-3728	176	20	contact	contact	VERB
fennia-3728	176	21	,	,	PUNCT
fennia-3728	176	22	and	and	CCONJ
fennia-3728	176	23	consequently	consequently	ADV
fennia-3728	176	24	a	a	DET
fennia-3728	176	25	higher	high	ADJ
fennia-3728	176	26	probability	probability	NOUN
fennia-3728	176	27	of	of	ADP
fennia-3728	176	28	finding	find	VERB
fennia-3728	176	29	one	one	NUM
fennia-3728	176	30	with	with	ADP
fennia-3728	176	31	enough	enough	ADJ
fennia-3728	176	32	expertise	expertise	NOUN
fennia-3728	176	33	to	to	PART
fennia-3728	176	34	understand	understand	VERB
fennia-3728	176	35	the	the	DET
fennia-3728	176	36	particular	particular	ADJ
fennia-3728	176	37	business	business	NOUN
fennia-3728	176	38	idea	idea	NOUN
fennia-3728	176	39	in	in	ADP
fennia-3728	176	40	question	question	NOUN
fennia-3728	176	41	,	,	PUNCT
fennia-3728	176	42	whatever	whatever	PRON
fennia-3728	176	43	this	this	PRON
fennia-3728	176	44	may	may	AUX
fennia-3728	176	45	be	be	AUX
fennia-3728	176	46	in	in	ADP
fennia-3728	176	47	each	each	DET
fennia-3728	176	48	case	case	NOUN
fennia-3728	176	49	.	.	PUNCT
fennia-3728	177	1	the	the	DET
fennia-3728	177	2	importance	importance	NOUN
fennia-3728	177	3	of	of	ADP
fennia-3728	177	4	control	control	NOUN
fennia-3728	177	5	and	and	CCONJ
fennia-3728	177	6	trust	trust	NOUN
fennia-3728	177	7	for	for	ADP
fennia-3728	177	8	financial	financial	ADJ
fennia-3728	177	9	relationships	relationship	NOUN
fennia-3728	177	10	is	be	AUX
fennia-3728	177	11	very	very	ADV
fennia-3728	177	12	important	important	ADJ
fennia-3728	177	13	at	at	ADP
fennia-3728	177	14	the	the	DET
fennia-3728	177	15	fundamental	fundamental	ADJ
fennia-3728	177	16	level	level	NOUN
fennia-3728	177	17	due	due	ADP
fennia-3728	177	18	to	to	ADP
fennia-3728	177	19	the	the	DET
fennia-3728	177	20	problems	problem	NOUN
fennia-3728	177	21	of	of	ADP
fennia-3728	177	22	asymmetric	asymmetric	ADJ
fennia-3728	177	23	information	information	NOUN
fennia-3728	177	24	,	,	PUNCT
fennia-3728	177	25	which	which	PRON
fennia-3728	177	26	are	be	AUX
fennia-3728	177	27	inherent	inherent	ADJ
fennia-3728	177	28	to	to	ADP
fennia-3728	177	29	financial	financial	ADJ
fennia-3728	177	30	contracts	contract	NOUN
fennia-3728	177	31	.	.	PUNCT
fennia-3728	178	1	economists	economist	NOUN
fennia-3728	178	2	classify	classify	VERB
fennia-3728	178	3	these	these	DET
fennia-3728	178	4	problems	problem	NOUN
fennia-3728	178	5	to	to	ADP
fennia-3728	178	6	cases	case	NOUN
fennia-3728	178	7	of	of	ADP
fennia-3728	178	8	“	"	PUNCT
fennia-3728	178	9	hidden	hidden	ADJ
fennia-3728	178	10	action	action	NOUN
fennia-3728	178	11	”	"	PUNCT
fennia-3728	178	12	,	,	PUNCT
fennia-3728	178	13	where	where	SCONJ
fennia-3728	178	14	monitoring	monitoring	NOUN
fennia-3728	178	15	and	and	CCONJ
fennia-3728	178	16	shared	share	VERB
fennia-3728	178	17	responsibility	responsibility	NOUN
fennia-3728	178	18	is	be	AUX
fennia-3728	178	19	needed	need	VERB
fennia-3728	178	20	to	to	PART
fennia-3728	178	21	ensure	ensure	VERB
fennia-3728	178	22	that	that	SCONJ
fennia-3728	178	23	both	both	DET
fennia-3728	178	24	parties	party	NOUN
fennia-3728	178	25	fulfil	fulfil	VERB
fennia-3728	178	26	their	their	PRON
fennia-3728	178	27	share	share	NOUN
fennia-3728	178	28	of	of	ADP
fennia-3728	178	29	the	the	DET
fennia-3728	178	30	contract	contract	NOUN
fennia-3728	178	31	,	,	PUNCT
fennia-3728	178	32	and	and	CCONJ
fennia-3728	178	33	to	to	ADP
fennia-3728	178	34	cases	case	NOUN
fennia-3728	178	35	of	of	ADP
fennia-3728	178	36	“	"	PUNCT
fennia-3728	178	37	hidden	hidden	ADJ
fennia-3728	178	38	information	information	NOUN
fennia-3728	178	39	”	"	PUNCT
fennia-3728	178	40	where	where	SCONJ
fennia-3728	178	41	screening	screening	NOUN
fennia-3728	178	42	and	and	CCONJ
fennia-3728	178	43	risk	risk	NOUN
fennia-3728	178	44	sharing	sharing	NOUN
fennia-3728	178	45	is	be	AUX
fennia-3728	178	46	important	important	ADJ
fennia-3728	178	47	to	to	PART
fennia-3728	178	48	make	make	VERB
fennia-3728	178	49	sure	sure	ADJ
fennia-3728	178	50	that	that	SCONJ
fennia-3728	178	51	projects	project	NOUN
fennia-3728	178	52	or	or	CCONJ
fennia-3728	178	53	securities	security	NOUN
fennia-3728	178	54	are	be	AUX
fennia-3728	178	55	as	as	ADV
fennia-3728	178	56	good	good	ADJ
fennia-3728	178	57	as	as	SCONJ
fennia-3728	178	58	they	they	PRON
fennia-3728	178	59	are	be	AUX
fennia-3728	178	60	claimed	claim	VERB
fennia-3728	178	61	to	to	PART
fennia-3728	178	62	be	be	AUX
fennia-3728	178	63	when	when	SCONJ
fennia-3728	178	64	financial	financial	ADJ
fennia-3728	178	65	contracts	contract	NOUN
fennia-3728	178	66	are	be	AUX
fennia-3728	178	67	made	make	VERB
fennia-3728	178	68	(	(	PUNCT
fennia-3728	178	69	leland	leland	PROPN
fennia-3728	178	70	&	&	CCONJ
fennia-3728	178	71	pyle	pyle	PROPN
fennia-3728	178	72	1977	1977	NUM
fennia-3728	178	73	)	)	PUNCT
fennia-3728	178	74	.	.	PUNCT
fennia-3728	179	1	the	the	DET
fennia-3728	179	2	importance	importance	NOUN
fennia-3728	179	3	of	of	ADP
fennia-3728	179	4	monitoring	monitoring	NOUN
fennia-3728	179	5	,	,	PUNCT
fennia-3728	179	6	screening	screening	NOUN
fennia-3728	179	7	and	and	CCONJ
fennia-3728	179	8	control	control	NOUN
fennia-3728	179	9	emphasise	emphasise	VERB
fennia-3728	179	10	the	the	DET
fennia-3728	179	11	value	value	NOUN
fennia-3728	179	12	of	of	ADP
fennia-3728	179	13	proximity	proximity	NOUN
fennia-3728	179	14	.	.	PUNCT
fennia-3728	180	1	this	this	PRON
fennia-3728	180	2	is	be	AUX
fennia-3728	180	3	fennia	fennia	NOUN
fennia-3728	180	4	184	184	NUM
fennia-3728	180	5	:	:	SYM
fennia-3728	180	6	1	1	NUM
fennia-3728	180	7	(	(	PUNCT
fennia-3728	180	8	2006	2006	NUM
fennia-3728	180	9	)	)	PUNCT
fennia-3728	180	10	25geographical	25geographical	NUM
fennia-3728	181	1	impacts	impact	NOUN
fennia-3728	181	2	of	of	ADP
fennia-3728	181	3	financial	financial	ADJ
fennia-3728	181	4	integration	integration	NOUN
fennia-3728	181	5	why	why	SCONJ
fennia-3728	181	6	information	information	NOUN
fennia-3728	181	7	concerns	concern	NOUN
fennia-3728	181	8	put	put	VERB
fennia-3728	181	9	certain	certain	ADJ
fennia-3728	181	10	limits	limit	NOUN
fennia-3728	181	11	on	on	ADP
fennia-3728	181	12	how	how	SCONJ
fennia-3728	181	13	far	far	ADV
fennia-3728	181	14	financial	financial	ADJ
fennia-3728	181	15	integration	integration	NOUN
fennia-3728	181	16	can	can	AUX
fennia-3728	181	17	go	go	VERB
fennia-3728	181	18	.	.	PUNCT
fennia-3728	182	1	hence	hence	ADV
fennia-3728	182	2	,	,	PUNCT
fennia-3728	182	3	financial	financial	ADJ
fennia-3728	182	4	integration	integration	NOUN
fennia-3728	182	5	in	in	ADP
fennia-3728	182	6	itself	itself	PRON
fennia-3728	182	7	is	be	AUX
fennia-3728	182	8	a	a	DET
fennia-3728	182	9	force	force	NOUN
fennia-3728	182	10	which	which	PRON
fennia-3728	182	11	favours	favour	VERB
fennia-3728	182	12	the	the	DET
fennia-3728	182	13	concentration	concentration	NOUN
fennia-3728	182	14	of	of	ADP
fennia-3728	182	15	financial	financial	ADJ
fennia-3728	182	16	activities	activity	NOUN
fennia-3728	182	17	to	to	ADP
fennia-3728	182	18	larger	large	ADJ
fennia-3728	182	19	units	unit	NOUN
fennia-3728	182	20	and	and	CCONJ
fennia-3728	182	21	to	to	ADP
fennia-3728	182	22	large	large	ADJ
fennia-3728	182	23	financial	financial	ADJ
fennia-3728	182	24	centres	centre	NOUN
fennia-3728	182	25	.	.	PUNCT
fennia-3728	183	1	however	however	ADV
fennia-3728	183	2	,	,	PUNCT
fennia-3728	183	3	this	this	DET
fennia-3728	183	4	force	force	NOUN
fennia-3728	183	5	will	will	AUX
fennia-3728	183	6	be	be	AUX
fennia-3728	183	7	felt	feel	VERB
fennia-3728	183	8	mainly	mainly	ADV
fennia-3728	183	9	in	in	ADP
fennia-3728	183	10	those	those	DET
fennia-3728	183	11	financial	financial	ADJ
fennia-3728	183	12	services	service	NOUN
fennia-3728	183	13	which	which	PRON
fennia-3728	183	14	are	be	AUX
fennia-3728	183	15	capable	capable	ADJ
fennia-3728	183	16	to	to	PART
fennia-3728	183	17	render	render	VERB
fennia-3728	183	18	“	"	PUNCT
fennia-3728	183	19	at	at	ADP
fennia-3728	183	20	arm	arm	NOUN
fennia-3728	183	21	’s	’s	PART
fennia-3728	183	22	length	length	NOUN
fennia-3728	183	23	”	"	PUNCT
fennia-3728	183	24	.	.	PUNCT
fennia-3728	184	1	these	these	DET
fennia-3728	184	2	services	service	NOUN
fennia-3728	184	3	include	include	VERB
fennia-3728	184	4	securities	security	NOUN
fennia-3728	184	5	,	,	PUNCT
fennia-3728	184	6	deposits	deposit	NOUN
fennia-3728	184	7	,	,	PUNCT
fennia-3728	184	8	payments	payment	NOUN
fennia-3728	184	9	,	,	PUNCT
fennia-3728	184	10	and	and	CCONJ
fennia-3728	184	11	nowadays	nowadays	ADV
fennia-3728	184	12	even	even	ADV
fennia-3728	184	13	routine	routine	ADJ
fennia-3728	184	14	insurance	insurance	NOUN
fennia-3728	184	15	and	and	CCONJ
fennia-3728	184	16	consumer	consumer	NOUN
fennia-3728	184	17	credit	credit	NOUN
fennia-3728	184	18	.	.	PUNCT
fennia-3728	185	1	it	it	PRON
fennia-3728	185	2	can	can	AUX
fennia-3728	185	3	be	be	AUX
fennia-3728	185	4	argued	argue	VERB
fennia-3728	185	5	,	,	PUNCT
fennia-3728	185	6	however	however	ADV
fennia-3728	185	7	,	,	PUNCT
fennia-3728	185	8	that	that	SCONJ
fennia-3728	185	9	there	there	PRON
fennia-3728	185	10	also	also	ADV
fennia-3728	185	11	exist	exist	VERB
fennia-3728	185	12	categories	category	NOUN
fennia-3728	185	13	of	of	ADP
fennia-3728	185	14	financial	financial	ADJ
fennia-3728	185	15	services	service	NOUN
fennia-3728	185	16	which	which	PRON
fennia-3728	185	17	can	can	AUX
fennia-3728	185	18	not	not	PART
fennia-3728	185	19	be	be	AUX
fennia-3728	185	20	commoditised	commoditise	VERB
fennia-3728	185	21	to	to	PART
fennia-3728	185	22	be	be	AUX
fennia-3728	185	23	rendered	render	VERB
fennia-3728	185	24	at	at	ADP
fennia-3728	185	25	arm	arm	NOUN
fennia-3728	185	26	’s	’s	PART
fennia-3728	185	27	length	length	NOUN
fennia-3728	185	28	.	.	PUNCT
fennia-3728	186	1	these	these	PRON
fennia-3728	186	2	are	be	AUX
fennia-3728	186	3	services	service	NOUN
fennia-3728	186	4	where	where	SCONJ
fennia-3728	186	5	tacit	tacit	ADJ
fennia-3728	186	6	information	information	NOUN
fennia-3728	186	7	on	on	ADP
fennia-3728	186	8	companies	company	NOUN
fennia-3728	186	9	,	,	PUNCT
fennia-3728	186	10	individuals	individual	NOUN
fennia-3728	186	11	or	or	CCONJ
fennia-3728	186	12	investment	investment	NOUN
fennia-3728	186	13	projects	project	NOUN
fennia-3728	186	14	is	be	AUX
fennia-3728	186	15	necessary	necessary	ADJ
fennia-3728	186	16	for	for	ADP
fennia-3728	186	17	successful	successful	ADJ
fennia-3728	186	18	business	business	NOUN
fennia-3728	186	19	.	.	PUNCT
fennia-3728	187	1	the	the	DET
fennia-3728	187	2	best	good	ADJ
fennia-3728	187	3	example	example	NOUN
fennia-3728	187	4	of	of	ADP
fennia-3728	187	5	this	this	PRON
fennia-3728	187	6	is	be	AUX
fennia-3728	187	7	the	the	DET
fennia-3728	187	8	venture	venture	NOUN
fennia-3728	187	9	capital	capital	NOUN
fennia-3728	187	10	finance	finance	NOUN
fennia-3728	187	11	of	of	ADP
fennia-3728	187	12	start	start	NOUN
fennia-3728	187	13	-	-	PUNCT
fennia-3728	187	14	up	up	ADP
fennia-3728	187	15	companies	company	NOUN
fennia-3728	187	16	.	.	PUNCT
fennia-3728	188	1	private	private	ADJ
fennia-3728	188	2	equity	equity	NOUN
fennia-3728	188	3	investment	investment	NOUN
fennia-3728	188	4	to	to	ADP
fennia-3728	188	5	small	small	ADJ
fennia-3728	188	6	and	and	CCONJ
fennia-3728	188	7	medium	medium	ADJ
fennia-3728	188	8	-	-	PUNCT
fennia-3728	188	9	sized	sized	ADJ
fennia-3728	188	10	companies	company	NOUN
fennia-3728	188	11	is	be	AUX
fennia-3728	188	12	by	by	ADP
fennia-3728	188	13	definition	definition	NOUN
fennia-3728	188	14	not	not	PART
fennia-3728	188	15	commoditised	commoditise	VERB
fennia-3728	188	16	,	,	PUNCT
fennia-3728	188	17	because	because	SCONJ
fennia-3728	188	18	if	if	SCONJ
fennia-3728	188	19	it	it	PRON
fennia-3728	188	20	were	be	AUX
fennia-3728	188	21	,	,	PUNCT
fennia-3728	188	22	the	the	DET
fennia-3728	188	23	stock	stock	NOUN
fennia-3728	188	24	could	could	AUX
fennia-3728	188	25	be	be	AUX
fennia-3728	188	26	traded	trade	VERB
fennia-3728	188	27	in	in	ADP
fennia-3728	188	28	open	open	ADJ
fennia-3728	188	29	markets	market	NOUN
fennia-3728	188	30	.	.	PUNCT
fennia-3728	189	1	but	but	CCONJ
fennia-3728	189	2	the	the	DET
fennia-3728	189	3	nature	nature	NOUN
fennia-3728	189	4	of	of	ADP
fennia-3728	189	5	information	information	NOUN
fennia-3728	189	6	problems	problem	NOUN
fennia-3728	189	7	implies	imply	VERB
fennia-3728	189	8	that	that	SCONJ
fennia-3728	189	9	the	the	DET
fennia-3728	189	10	stocks	stock	NOUN
fennia-3728	189	11	in	in	ADP
fennia-3728	189	12	small	small	ADJ
fennia-3728	189	13	firms	firm	NOUN
fennia-3728	189	14	are	be	AUX
fennia-3728	189	15	more	more	ADV
fennia-3728	189	16	valuable	valuable	ADJ
fennia-3728	189	17	to	to	ADP
fennia-3728	189	18	a	a	DET
fennia-3728	189	19	venture	venture	NOUN
fennia-3728	189	20	capitalist	capitalist	NOUN
fennia-3728	189	21	who	who	PRON
fennia-3728	189	22	knows	know	VERB
fennia-3728	189	23	the	the	DET
fennia-3728	189	24	firm	firm	NOUN
fennia-3728	189	25	and	and	CCONJ
fennia-3728	189	26	its	its	PRON
fennia-3728	189	27	management	management	NOUN
fennia-3728	189	28	and	and	CCONJ
fennia-3728	189	29	has	have	VERB
fennia-3728	189	30	some	some	DET
fennia-3728	189	31	control	control	NOUN
fennia-3728	189	32	on	on	ADP
fennia-3728	189	33	the	the	DET
fennia-3728	189	34	way	way	NOUN
fennia-3728	189	35	it	it	PRON
fennia-3728	189	36	is	be	AUX
fennia-3728	189	37	developed	develop	VERB
fennia-3728	189	38	(	(	PUNCT
fennia-3728	189	39	zook	zook	NOUN
fennia-3728	189	40	2002	2002	NUM
fennia-3728	189	41	)	)	PUNCT
fennia-3728	189	42	.	.	PUNCT
fennia-3728	190	1	private	private	ADJ
fennia-3728	190	2	equity	equity	NOUN
fennia-3728	190	3	investment	investment	NOUN
fennia-3728	190	4	does	do	AUX
fennia-3728	190	5	not	not	PART
fennia-3728	190	6	necessarily	necessarily	ADV
fennia-3728	190	7	need	need	VERB
fennia-3728	190	8	to	to	PART
fennia-3728	190	9	be	be	AUX
fennia-3728	190	10	locally	locally	ADV
fennia-3728	190	11	or	or	CCONJ
fennia-3728	190	12	regionally	regionally	ADV
fennia-3728	190	13	based	base	VERB
fennia-3728	190	14	.	.	PUNCT
fennia-3728	191	1	indeed	indeed	ADV
fennia-3728	191	2	,	,	PUNCT
fennia-3728	191	3	financial	financial	ADJ
fennia-3728	191	4	integration	integration	NOUN
fennia-3728	191	5	may	may	AUX
fennia-3728	191	6	well	well	ADV
fennia-3728	191	7	increase	increase	VERB
fennia-3728	191	8	such	such	ADJ
fennia-3728	191	9	investment	investment	NOUN
fennia-3728	191	10	in	in	ADP
fennia-3728	191	11	the	the	DET
fennia-3728	191	12	long	long	ADJ
fennia-3728	191	13	range	range	NOUN
fennia-3728	191	14	due	due	ADP
fennia-3728	191	15	to	to	ADP
fennia-3728	191	16	specialised	specialised	ADJ
fennia-3728	191	17	expertise	expertise	NOUN
fennia-3728	191	18	that	that	PRON
fennia-3728	191	19	can	can	AUX
fennia-3728	191	20	be	be	AUX
fennia-3728	191	21	at	at	ADV
fennia-3728	191	22	least	least	ADJ
fennia-3728	191	23	as	as	ADV
fennia-3728	191	24	important	important	ADJ
fennia-3728	191	25	for	for	ADP
fennia-3728	191	26	successful	successful	ADJ
fennia-3728	191	27	investment	investment	NOUN
fennia-3728	191	28	as	as	ADP
fennia-3728	191	29	geographical	geographical	ADJ
fennia-3728	191	30	proximity	proximity	NOUN
fennia-3728	191	31	.	.	PUNCT
fennia-3728	192	1	however	however	ADV
fennia-3728	192	2	,	,	PUNCT
fennia-3728	192	3	other	other	ADJ
fennia-3728	192	4	things	thing	NOUN
fennia-3728	192	5	being	be	AUX
fennia-3728	192	6	equal	equal	ADJ
fennia-3728	192	7	,	,	PUNCT
fennia-3728	192	8	distance	distance	NOUN
fennia-3728	192	9	does	do	AUX
fennia-3728	192	10	matter	matter	NOUN
fennia-3728	192	11	in	in	ADP
fennia-3728	192	12	private	private	ADJ
fennia-3728	192	13	investment	investment	NOUN
fennia-3728	192	14	.	.	PUNCT
fennia-3728	193	1	thus	thus	ADV
fennia-3728	193	2	,	,	PUNCT
fennia-3728	193	3	we	we	PRON
fennia-3728	193	4	can	can	AUX
fennia-3728	193	5	predict	predict	VERB
fennia-3728	193	6	that	that	SCONJ
fennia-3728	193	7	information	information	NOUN
fennia-3728	193	8	concerns	concern	NOUN
fennia-3728	193	9	will	will	AUX
fennia-3728	193	10	remain	remain	VERB
fennia-3728	193	11	a	a	DET
fennia-3728	193	12	counterforce	counterforce	NOUN
fennia-3728	193	13	to	to	ADP
fennia-3728	193	14	pressures	pressure	NOUN
fennia-3728	193	15	for	for	ADP
fennia-3728	193	16	geographic	geographic	ADJ
fennia-3728	193	17	concentration	concentration	NOUN
fennia-3728	193	18	,	,	PUNCT
fennia-3728	193	19	in	in	ADP
fennia-3728	193	20	those	those	DET
fennia-3728	193	21	categories	category	NOUN
fennia-3728	193	22	of	of	ADP
fennia-3728	193	23	financial	financial	ADJ
fennia-3728	193	24	services	service	NOUN
fennia-3728	193	25	in	in	ADP
fennia-3728	193	26	which	which	PRON
fennia-3728	193	27	private	private	ADJ
fennia-3728	193	28	information	information	NOUN
fennia-3728	193	29	is	be	AUX
fennia-3728	193	30	essential	essential	ADJ
fennia-3728	193	31	.	.	PUNCT
fennia-3728	194	1	provision	provision	NOUN
fennia-3728	194	2	of	of	ADP
fennia-3728	194	3	a	a	DET
fennia-3728	194	4	payment	payment	NOUN
fennia-3728	194	5	system	system	NOUN
fennia-3728	194	6	last	last	ADJ
fennia-3728	194	7	but	but	CCONJ
fennia-3728	194	8	not	not	PART
fennia-3728	194	9	least	least	ADJ
fennia-3728	194	10	on	on	ADP
fennia-3728	194	11	the	the	DET
fennia-3728	194	12	list	list	NOUN
fennia-3728	194	13	of	of	ADP
fennia-3728	194	14	the	the	DET
fennia-3728	194	15	functions	function	NOUN
fennia-3728	194	16	where	where	SCONJ
fennia-3728	194	17	financial	financial	ADJ
fennia-3728	194	18	integration	integration	NOUN
fennia-3728	194	19	will	will	AUX
fennia-3728	194	20	matter	matter	VERB
fennia-3728	194	21	is	be	AUX
fennia-3728	194	22	the	the	DET
fennia-3728	194	23	payment	payment	NOUN
fennia-3728	194	24	system	system	NOUN
fennia-3728	194	25	.	.	PUNCT
fennia-3728	195	1	the	the	DET
fennia-3728	195	2	current	current	ADJ
fennia-3728	195	3	fragmentation	fragmentation	NOUN
fennia-3728	195	4	of	of	ADP
fennia-3728	195	5	the	the	DET
fennia-3728	195	6	payment	payment	NOUN
fennia-3728	195	7	system	system	NOUN
fennia-3728	195	8	is	be	AUX
fennia-3728	195	9	most	most	ADV
fennia-3728	195	10	serious	serious	ADJ
fennia-3728	195	11	in	in	ADP
fennia-3728	195	12	the	the	DET
fennia-3728	195	13	segment	segment	NOUN
fennia-3728	195	14	of	of	ADP
fennia-3728	195	15	retail	retail	ADJ
fennia-3728	195	16	payments	payment	NOUN
fennia-3728	195	17	,	,	PUNCT
fennia-3728	195	18	denoting	denote	VERB
fennia-3728	195	19	to	to	ADP
fennia-3728	195	20	the	the	DET
fennia-3728	195	21	payments	payment	NOUN
fennia-3728	195	22	to	to	ADP
fennia-3728	195	23	and	and	CCONJ
fennia-3728	195	24	from	from	ADP
fennia-3728	195	25	households	household	NOUN
fennia-3728	195	26	and	and	CCONJ
fennia-3728	195	27	small	small	ADJ
fennia-3728	195	28	firms	firm	NOUN
fennia-3728	195	29	.	.	PUNCT
fennia-3728	196	1	this	this	PRON
fennia-3728	196	2	is	be	AUX
fennia-3728	196	3	,	,	PUNCT
fennia-3728	196	4	first	first	ADJ
fennia-3728	196	5	and	and	CCONJ
fennia-3728	196	6	foremost	foremost	ADV
fennia-3728	196	7	,	,	PUNCT
fennia-3728	196	8	a	a	DET
fennia-3728	196	9	hindrance	hindrance	NOUN
fennia-3728	196	10	to	to	ADP
fennia-3728	196	11	effective	effective	ADJ
fennia-3728	196	12	competition	competition	NOUN
fennia-3728	196	13	in	in	ADP
fennia-3728	196	14	the	the	DET
fennia-3728	196	15	financial	financial	ADJ
fennia-3728	196	16	services	service	NOUN
fennia-3728	196	17	industry	industry	NOUN
fennia-3728	196	18	.	.	PUNCT
fennia-3728	197	1	if	if	SCONJ
fennia-3728	197	2	fast	fast	ADJ
fennia-3728	197	3	,	,	PUNCT
fennia-3728	197	4	reliable	reliable	ADJ
fennia-3728	197	5	,	,	PUNCT
fennia-3728	197	6	and	and	CCONJ
fennia-3728	197	7	unified	unified	ADJ
fennia-3728	197	8	international	international	ADJ
fennia-3728	197	9	systems	system	NOUN
fennia-3728	197	10	of	of	ADP
fennia-3728	197	11	account	account	NOUN
fennia-3728	197	12	transfers	transfer	NOUN
fennia-3728	197	13	and	and	CCONJ
fennia-3728	197	14	direct	direct	ADJ
fennia-3728	197	15	debit	debit	NOUN
fennia-3728	197	16	were	be	AUX
fennia-3728	197	17	established	establish	VERB
fennia-3728	197	18	,	,	PUNCT
fennia-3728	197	19	the	the	DET
fennia-3728	197	20	market	market	NOUN
fennia-3728	197	21	for	for	ADP
fennia-3728	197	22	financial	financial	ADJ
fennia-3728	197	23	services	service	NOUN
fennia-3728	197	24	such	such	ADJ
fennia-3728	197	25	as	as	ADP
fennia-3728	197	26	mortgages	mortgage	NOUN
fennia-3728	197	27	,	,	PUNCT
fennia-3728	197	28	time	time	NOUN
fennia-3728	197	29	deposits	deposit	NOUN
fennia-3728	197	30	,	,	PUNCT
fennia-3728	197	31	asset	asset	NOUN
fennia-3728	197	32	management	management	NOUN
fennia-3728	197	33	,	,	PUNCT
fennia-3728	197	34	and	and	CCONJ
fennia-3728	197	35	life	life	NOUN
fennia-3728	197	36	insurance	insurance	NOUN
fennia-3728	197	37	would	would	AUX
fennia-3728	197	38	become	become	VERB
fennia-3728	197	39	much	much	ADV
fennia-3728	197	40	more	more	ADV
fennia-3728	197	41	competitive	competitive	ADJ
fennia-3728	197	42	.	.	PUNCT
fennia-3728	198	1	the	the	DET
fennia-3728	198	2	high	high	ADJ
fennia-3728	198	3	fees	fee	NOUN
fennia-3728	198	4	charged	charge	VERB
fennia-3728	198	5	currently	currently	ADV
fennia-3728	198	6	on	on	ADP
fennia-3728	198	7	international	international	ADJ
fennia-3728	198	8	credit	credit	NOUN
fennia-3728	198	9	card	card	NOUN
fennia-3728	198	10	transactions	transaction	NOUN
fennia-3728	198	11	could	could	AUX
fennia-3728	198	12	also	also	ADV
fennia-3728	198	13	be	be	AUX
fennia-3728	198	14	reduced	reduce	VERB
fennia-3728	198	15	by	by	ADP
fennia-3728	198	16	more	more	ADJ
fennia-3728	198	17	intense	intense	ADJ
fennia-3728	198	18	competition	competition	NOUN
fennia-3728	198	19	in	in	ADP
fennia-3728	198	20	that	that	DET
fennia-3728	198	21	sector	sector	NOUN
fennia-3728	198	22	.	.	PUNCT
fennia-3728	199	1	in	in	ADP
fennia-3728	199	2	the	the	DET
fennia-3728	199	3	medium	medium	ADJ
fennia-3728	199	4	term	term	NOUN
fennia-3728	199	5	,	,	PUNCT
fennia-3728	199	6	further	further	ADJ
fennia-3728	199	7	progress	progress	NOUN
fennia-3728	199	8	in	in	ADP
fennia-3728	199	9	the	the	DET
fennia-3728	199	10	international	international	ADJ
fennia-3728	199	11	integration	integration	NOUN
fennia-3728	199	12	of	of	ADP
fennia-3728	199	13	the	the	DET
fennia-3728	199	14	payments	payment	NOUN
fennia-3728	199	15	industry	industry	NOUN
fennia-3728	199	16	can	can	AUX
fennia-3728	199	17	be	be	AUX
fennia-3728	199	18	expected	expect	VERB
fennia-3728	199	19	mainly	mainly	ADV
fennia-3728	199	20	in	in	ADP
fennia-3728	199	21	the	the	DET
fennia-3728	199	22	euro	euro	PROPN
fennia-3728	199	23	area	area	NOUN
fennia-3728	199	24	where	where	SCONJ
fennia-3728	199	25	the	the	DET
fennia-3728	199	26	creation	creation	NOUN
fennia-3728	199	27	of	of	ADP
fennia-3728	199	28	the	the	DET
fennia-3728	199	29	single	single	ADJ
fennia-3728	199	30	euro	euro	NOUN
fennia-3728	199	31	payments	payment	NOUN
fennia-3728	199	32	area	area	NOUN
fennia-3728	199	33	is	be	AUX
fennia-3728	199	34	already	already	ADV
fennia-3728	199	35	under	under	ADP
fennia-3728	199	36	way	way	NOUN
fennia-3728	199	37	(	(	PUNCT
fennia-3728	199	38	salo	salo	NOUN
fennia-3728	199	39	2006	2006	NUM
fennia-3728	199	40	)	)	PUNCT
fennia-3728	199	41	.	.	PUNCT
fennia-3728	200	1	the	the	DET
fennia-3728	200	2	completion	completion	NOUN
fennia-3728	200	3	of	of	ADP
fennia-3728	200	4	this	this	DET
fennia-3728	200	5	project	project	NOUN
fennia-3728	200	6	will	will	AUX
fennia-3728	200	7	not	not	PART
fennia-3728	200	8	only	only	ADV
fennia-3728	200	9	facilitate	facilitate	VERB
fennia-3728	200	10	payments	payment	NOUN
fennia-3728	200	11	in	in	ADP
fennia-3728	200	12	the	the	DET
fennia-3728	200	13	area	area	NOUN
fennia-3728	200	14	but	but	CCONJ
fennia-3728	200	15	it	it	PRON
fennia-3728	200	16	will	will	AUX
fennia-3728	200	17	also	also	ADV
fennia-3728	200	18	make	make	VERB
fennia-3728	200	19	financial	financial	ADJ
fennia-3728	200	20	services	service	NOUN
fennia-3728	200	21	more	more	ADV
fennia-3728	200	22	competitive	competitive	ADJ
fennia-3728	200	23	.	.	PUNCT
fennia-3728	201	1	in	in	ADP
fennia-3728	201	2	this	this	DET
fennia-3728	201	3	way	way	NOUN
fennia-3728	201	4	,	,	PUNCT
fennia-3728	201	5	the	the	DET
fennia-3728	201	6	benefits	benefit	NOUN
fennia-3728	201	7	to	to	ADP
fennia-3728	201	8	businesses	business	NOUN
fennia-3728	201	9	from	from	ADP
fennia-3728	201	10	operating	operate	VERB
fennia-3728	201	11	in	in	ADP
fennia-3728	201	12	the	the	DET
fennia-3728	201	13	euro	euro	NOUN
fennia-3728	201	14	are	be	AUX
fennia-3728	201	15	would	would	AUX
fennia-3728	201	16	be	be	AUX
fennia-3728	201	17	strengthened	strengthen	VERB
fennia-3728	201	18	.	.	PUNCT
fennia-3728	202	1	conclusions	conclusion	NOUN
fennia-3728	202	2	from	from	ADP
fennia-3728	202	3	a	a	DET
fennia-3728	202	4	regional	regional	ADJ
fennia-3728	202	5	perspective	perspective	ADJ
fennia-3728	202	6	financial	financial	ADJ
fennia-3728	202	7	integration	integration	NOUN
fennia-3728	202	8	holds	hold	VERB
fennia-3728	202	9	great	great	ADJ
fennia-3728	202	10	promise	promise	NOUN
fennia-3728	202	11	in	in	ADP
fennia-3728	202	12	terms	term	NOUN
fennia-3728	202	13	of	of	ADP
fennia-3728	202	14	growth	growth	NOUN
fennia-3728	202	15	efficiency	efficiency	NOUN
fennia-3728	202	16	and	and	CCONJ
fennia-3728	202	17	economic	economic	ADJ
fennia-3728	202	18	opportunities	opportunity	NOUN
fennia-3728	202	19	,	,	PUNCT
fennia-3728	202	20	but	but	CCONJ
fennia-3728	202	21	it	it	PRON
fennia-3728	202	22	also	also	ADV
fennia-3728	202	23	requires	require	VERB
fennia-3728	202	24	significant	significant	ADJ
fennia-3728	202	25	adjustments	adjustment	NOUN
fennia-3728	202	26	in	in	ADP
fennia-3728	202	27	public	public	ADJ
fennia-3728	202	28	policy	policy	NOUN
fennia-3728	202	29	and	and	CCONJ
fennia-3728	202	30	private	private	ADJ
fennia-3728	202	31	business	business	NOUN
fennia-3728	202	32	performance	performance	NOUN
fennia-3728	202	33	.	.	PUNCT
fennia-3728	203	1	financial	financial	ADJ
fennia-3728	203	2	integration	integration	NOUN
fennia-3728	203	3	is	be	AUX
fennia-3728	203	4	a	a	DET
fennia-3728	203	5	great	great	ADJ
fennia-3728	203	6	equaliser	equaliser	NOUN
fennia-3728	203	7	in	in	ADP
fennia-3728	203	8	the	the	DET
fennia-3728	203	9	sense	sense	NOUN
fennia-3728	203	10	that	that	SCONJ
fennia-3728	203	11	the	the	PRON
fennia-3728	203	12	more	more	ADJ
fennia-3728	203	13	it	it	PRON
fennia-3728	203	14	progresses	progress	VERB
fennia-3728	203	15	,	,	PUNCT
fennia-3728	203	16	the	the	PRON
fennia-3728	203	17	less	less	ADJ
fennia-3728	203	18	geography	geography	NOUN
fennia-3728	203	19	matters	matter	VERB
fennia-3728	203	20	for	for	ADP
fennia-3728	203	21	the	the	DET
fennia-3728	203	22	provision	provision	NOUN
fennia-3728	203	23	and	and	CCONJ
fennia-3728	203	24	availability	availability	NOUN
fennia-3728	203	25	of	of	ADP
fennia-3728	203	26	financial	financial	ADJ
fennia-3728	203	27	services	service	NOUN
fennia-3728	203	28	.	.	PUNCT
fennia-3728	204	1	however	however	ADV
fennia-3728	204	2	,	,	PUNCT
fennia-3728	204	3	this	this	PRON
fennia-3728	204	4	does	do	AUX
fennia-3728	204	5	not	not	PART
fennia-3728	204	6	necessarily	necessarily	ADV
fennia-3728	204	7	mean	mean	VERB
fennia-3728	204	8	that	that	SCONJ
fennia-3728	204	9	regions	region	NOUN
fennia-3728	204	10	will	will	AUX
fennia-3728	204	11	become	become	VERB
fennia-3728	204	12	more	more	ADV
fennia-3728	204	13	equal	equal	ADJ
fennia-3728	204	14	as	as	ADP
fennia-3728	204	15	a	a	DET
fennia-3728	204	16	result	result	NOUN
fennia-3728	204	17	.	.	PUNCT
fennia-3728	205	1	when	when	SCONJ
fennia-3728	205	2	financial	financial	ADJ
fennia-3728	205	3	barriers	barrier	NOUN
fennia-3728	205	4	go	go	VERB
fennia-3728	205	5	down	down	ADV
fennia-3728	205	6	,	,	PUNCT
fennia-3728	205	7	the	the	DET
fennia-3728	205	8	importance	importance	NOUN
fennia-3728	205	9	of	of	ADP
fennia-3728	205	10	other	other	ADJ
fennia-3728	205	11	regional	regional	ADJ
fennia-3728	205	12	factors	factor	NOUN
fennia-3728	205	13	than	than	ADP
fennia-3728	205	14	finance	finance	NOUN
fennia-3728	205	15	is	be	AUX
fennia-3728	205	16	emphasised	emphasise	VERB
fennia-3728	205	17	.	.	PUNCT
fennia-3728	206	1	this	this	PRON
fennia-3728	206	2	means	mean	VERB
fennia-3728	206	3	that	that	SCONJ
fennia-3728	206	4	the	the	DET
fennia-3728	206	5	quality	quality	NOUN
fennia-3728	206	6	of	of	ADP
fennia-3728	206	7	less	less	ADJ
fennia-3728	206	8	mobile	mobile	ADJ
fennia-3728	206	9	factors	factor	NOUN
fennia-3728	206	10	such	such	ADJ
fennia-3728	206	11	as	as	ADP
fennia-3728	206	12	the	the	DET
fennia-3728	206	13	skills	skill	NOUN
fennia-3728	206	14	of	of	ADP
fennia-3728	206	15	the	the	DET
fennia-3728	206	16	labour	labour	ADJ
fennia-3728	206	17	force	force	NOUN
fennia-3728	206	18	,	,	PUNCT
fennia-3728	206	19	communications	communication	NOUN
fennia-3728	206	20	and	and	CCONJ
fennia-3728	206	21	other	other	ADJ
fennia-3728	206	22	local	local	ADJ
fennia-3728	206	23	infrastructure	infrastructure	NOUN
fennia-3728	206	24	,	,	PUNCT
fennia-3728	206	25	and	and	CCONJ
fennia-3728	206	26	the	the	DET
fennia-3728	206	27	level	level	NOUN
fennia-3728	206	28	of	of	ADP
fennia-3728	206	29	informal	informal	ADJ
fennia-3728	206	30	business	business	NOUN
fennia-3728	206	31	networks	network	NOUN
fennia-3728	206	32	in	in	ADP
fennia-3728	206	33	the	the	DET
fennia-3728	206	34	region	region	NOUN
fennia-3728	206	35	,	,	PUNCT
fennia-3728	206	36	will	will	AUX
fennia-3728	206	37	in	in	ADP
fennia-3728	206	38	time	time	NOUN
fennia-3728	206	39	become	become	VERB
fennia-3728	206	40	much	much	ADV
fennia-3728	206	41	more	more	ADV
fennia-3728	206	42	important	important	ADJ
fennia-3728	206	43	for	for	ADP
fennia-3728	206	44	economic	economic	ADJ
fennia-3728	206	45	success	success	NOUN
fennia-3728	206	46	.	.	PUNCT
fennia-3728	207	1	where	where	SCONJ
fennia-3728	207	2	these	these	DET
fennia-3728	207	3	prerequisites	prerequisite	NOUN
fennia-3728	207	4	for	for	ADP
fennia-3728	207	5	success	success	NOUN
fennia-3728	207	6	are	be	AUX
fennia-3728	207	7	not	not	PART
fennia-3728	207	8	competitive	competitive	ADJ
fennia-3728	207	9	,	,	PUNCT
fennia-3728	207	10	the	the	DET
fennia-3728	207	11	region	region	NOUN
fennia-3728	207	12	will	will	AUX
fennia-3728	207	13	suffer	suffer	VERB
fennia-3728	207	14	economically	economically	ADV
fennia-3728	207	15	from	from	ADP
fennia-3728	207	16	financial	financial	ADJ
fennia-3728	207	17	integration	integration	NOUN
fennia-3728	207	18	despite	despite	SCONJ
fennia-3728	207	19	the	the	DET
fennia-3728	207	20	increasingly	increasingly	ADV
fennia-3728	207	21	equal	equal	ADJ
fennia-3728	207	22	access	access	NOUN
fennia-3728	207	23	to	to	ADP
fennia-3728	207	24	financial	financial	ADJ
fennia-3728	207	25	services	service	NOUN
fennia-3728	207	26	.	.	PUNCT
fennia-3728	208	1	in	in	ADP
fennia-3728	208	2	fact	fact	NOUN
fennia-3728	208	3	,	,	PUNCT
fennia-3728	208	4	it	it	PRON
fennia-3728	208	5	is	be	AUX
fennia-3728	208	6	the	the	DET
fennia-3728	208	7	increasingly	increasingly	ADV
fennia-3728	208	8	equal	equal	ADJ
fennia-3728	208	9	access	access	NOUN
fennia-3728	208	10	to	to	ADP
fennia-3728	208	11	finance	finance	NOUN
fennia-3728	208	12	which	which	PRON
fennia-3728	208	13	supports	support	VERB
fennia-3728	208	14	the	the	DET
fennia-3728	208	15	growth	growth	NOUN
fennia-3728	208	16	of	of	ADP
fennia-3728	208	17	importance	importance	NOUN
fennia-3728	208	18	of	of	ADP
fennia-3728	208	19	other	other	ADJ
fennia-3728	208	20	dimensions	dimension	NOUN
fennia-3728	208	21	of	of	ADP
fennia-3728	208	22	competitiveness	competitiveness	NOUN
fennia-3728	208	23	.	.	PUNCT
fennia-3728	209	1	it	it	PRON
fennia-3728	209	2	is	be	AUX
fennia-3728	209	3	interesting	interesting	ADJ
fennia-3728	209	4	to	to	PART
fennia-3728	209	5	note	note	VERB
fennia-3728	209	6	that	that	SCONJ
fennia-3728	209	7	those	those	DET
fennia-3728	209	8	dimensions	dimension	NOUN
fennia-3728	209	9	of	of	ADP
fennia-3728	209	10	competitiveness	competitiveness	NOUN
fennia-3728	209	11	which	which	PRON
fennia-3728	209	12	are	be	AUX
fennia-3728	209	13	emphasised	emphasise	VERB
fennia-3728	209	14	by	by	ADP
fennia-3728	209	15	financial	financial	ADJ
fennia-3728	209	16	integration	integration	NOUN
fennia-3728	209	17	are	be	AUX
fennia-3728	209	18	usually	usually	ADV
fennia-3728	209	19	the	the	DET
fennia-3728	209	20	responsibility	responsibility	NOUN
fennia-3728	209	21	of	of	ADP
fennia-3728	209	22	policy	policy	NOUN
fennia-3728	209	23	makers	maker	NOUN
fennia-3728	209	24	at	at	ADP
fennia-3728	209	25	the	the	DET
fennia-3728	209	26	local	local	ADJ
fennia-3728	209	27	or	or	CCONJ
fennia-3728	209	28	regional	regional	ADJ
fennia-3728	209	29	level	level	NOUN
fennia-3728	209	30	.	.	PUNCT
fennia-3728	210	1	this	this	PRON
fennia-3728	210	2	means	mean	VERB
fennia-3728	210	3	that	that	SCONJ
fennia-3728	210	4	financial	financial	ADJ
fennia-3728	210	5	integration	integration	NOUN
fennia-3728	210	6	increases	increase	VERB
fennia-3728	210	7	the	the	DET
fennia-3728	210	8	responsibility	responsibility	NOUN
fennia-3728	210	9	of	of	ADP
fennia-3728	210	10	local	local	ADJ
fennia-3728	210	11	governments	government	NOUN
fennia-3728	210	12	for	for	ADP
fennia-3728	210	13	the	the	DET
fennia-3728	210	14	economic	economic	ADJ
fennia-3728	210	15	success	success	NOUN
fennia-3728	210	16	of	of	ADP
fennia-3728	210	17	the	the	DET
fennia-3728	210	18	regions	region	NOUN
fennia-3728	210	19	where	where	SCONJ
fennia-3728	210	20	they	they	PRON
fennia-3728	210	21	work	work	VERB
fennia-3728	210	22	and	and	CCONJ
fennia-3728	210	23	also	also	ADV
fennia-3728	210	24	emphasises	emphasise	VERB
fennia-3728	210	25	the	the	DET
fennia-3728	210	26	importance	importance	NOUN
fennia-3728	210	27	of	of	ADP
fennia-3728	210	28	regional	regional	ADJ
fennia-3728	210	29	coordination	coordination	NOUN
fennia-3728	210	30	of	of	ADP
fennia-3728	210	31	policies	policy	NOUN
fennia-3728	210	32	regarding	regard	VERB
fennia-3728	210	33	things	thing	NOUN
fennia-3728	210	34	such	such	ADJ
fennia-3728	210	35	as	as	ADP
fennia-3728	210	36	infrastructure	infrastructure	NOUN
fennia-3728	210	37	,	,	PUNCT
fennia-3728	210	38	education	education	NOUN
fennia-3728	210	39	,	,	PUNCT
fennia-3728	210	40	and	and	CCONJ
fennia-3728	210	41	business	business	NOUN
fennia-3728	210	42	promotion	promotion	NOUN
fennia-3728	210	43	.	.	PUNCT
fennia-3728	211	1	26	26	NUM
fennia-3728	211	2	fennia	fennia	NOUN
fennia-3728	211	3	184	184	NUM
fennia-3728	211	4	:	:	SYM
fennia-3728	211	5	1	1	NUM
fennia-3728	211	6	(	(	PUNCT
fennia-3728	211	7	2006)sinikka	2006)sinikka	NUM
fennia-3728	211	8	salo	salo	NOUN
fennia-3728	211	9	there	there	PRON
fennia-3728	211	10	are	be	VERB
fennia-3728	211	11	,	,	PUNCT
fennia-3728	211	12	however	however	ADV
fennia-3728	211	13	,	,	PUNCT
fennia-3728	211	14	limits	limit	VERB
fennia-3728	211	15	to	to	ADP
fennia-3728	211	16	how	how	SCONJ
fennia-3728	211	17	far	far	ADV
fennia-3728	211	18	financial	financial	ADJ
fennia-3728	211	19	integration	integration	NOUN
fennia-3728	211	20	can	can	AUX
fennia-3728	211	21	proceed	proceed	VERB
fennia-3728	211	22	.	.	PUNCT
fennia-3728	212	1	these	these	DET
fennia-3728	212	2	limits	limit	NOUN
fennia-3728	212	3	are	be	AUX
fennia-3728	212	4	determined	determine	VERB
fennia-3728	212	5	by	by	ADP
fennia-3728	212	6	the	the	DET
fennia-3728	212	7	fact	fact	NOUN
fennia-3728	212	8	that	that	SCONJ
fennia-3728	212	9	many	many	ADJ
fennia-3728	212	10	financial	financial	ADJ
fennia-3728	212	11	relationships	relationship	NOUN
fennia-3728	212	12	require	require	VERB
fennia-3728	212	13	trust	trust	NOUN
fennia-3728	212	14	and	and	CCONJ
fennia-3728	212	15	information	information	NOUN
fennia-3728	212	16	that	that	PRON
fennia-3728	212	17	is	be	AUX
fennia-3728	212	18	hard	hard	ADJ
fennia-3728	212	19	to	to	PART
fennia-3728	212	20	establish	establish	VERB
fennia-3728	212	21	from	from	ADP
fennia-3728	212	22	a	a	DET
fennia-3728	212	23	distance	distance	NOUN
fennia-3728	212	24	.	.	PUNCT
fennia-3728	213	1	as	as	SCONJ
fennia-3728	213	2	the	the	DET
fennia-3728	213	3	structure	structure	NOUN
fennia-3728	213	4	of	of	ADP
fennia-3728	213	5	financial	financial	ADJ
fennia-3728	213	6	services	service	NOUN
fennia-3728	213	7	is	be	AUX
fennia-3728	213	8	likely	likely	ADJ
fennia-3728	213	9	to	to	PART
fennia-3728	213	10	consolidate	consolidate	VERB
fennia-3728	213	11	to	to	ADP
fennia-3728	213	12	bigger	big	ADJ
fennia-3728	213	13	units	unit	NOUN
fennia-3728	213	14	and	and	CCONJ
fennia-3728	213	15	concentrate	concentrate	VERB
fennia-3728	213	16	in	in	ADP
fennia-3728	213	17	large	large	ADJ
fennia-3728	213	18	cities	city	NOUN
fennia-3728	213	19	in	in	ADP
fennia-3728	213	20	the	the	DET
fennia-3728	213	21	future	future	NOUN
fennia-3728	213	22	,	,	PUNCT
fennia-3728	213	23	these	these	DET
fennia-3728	213	24	information	information	NOUN
fennia-3728	213	25	concerns	concern	NOUN
fennia-3728	213	26	constitute	constitute	VERB
fennia-3728	213	27	a	a	DET
fennia-3728	213	28	counterforce	counterforce	NOUN
fennia-3728	213	29	to	to	ADP
fennia-3728	213	30	such	such	ADJ
fennia-3728	213	31	tendencies	tendency	NOUN
fennia-3728	213	32	,	,	PUNCT
fennia-3728	213	33	especially	especially	ADV
fennia-3728	213	34	in	in	ADP
fennia-3728	213	35	the	the	DET
fennia-3728	213	36	financing	financing	NOUN
fennia-3728	213	37	of	of	ADP
fennia-3728	213	38	small	small	ADJ
fennia-3728	213	39	,	,	PUNCT
fennia-3728	213	40	growing	grow	VERB
fennia-3728	213	41	,	,	PUNCT
fennia-3728	213	42	and	and	CCONJ
fennia-3728	213	43	medium	medium	ADJ
fennia-3728	213	44	sized	sized	ADJ
fennia-3728	213	45	firms	firm	NOUN
fennia-3728	213	46	.	.	PUNCT
fennia-3728	214	1	but	but	CCONJ
fennia-3728	214	2	even	even	ADV
fennia-3728	214	3	the	the	DET
fennia-3728	214	4	venture	venture	NOUN
fennia-3728	214	5	capital	capital	NOUN
fennia-3728	214	6	industry	industry	NOUN
fennia-3728	214	7	and	and	CCONJ
fennia-3728	214	8	the	the	DET
fennia-3728	214	9	financing	financing	NOUN
fennia-3728	214	10	of	of	ADP
fennia-3728	214	11	sme	sme	PROPN
fennia-3728	214	12	’s	’s	PART
fennia-3728	214	13	can	can	AUX
fennia-3728	214	14	not	not	PART
fennia-3728	214	15	escape	escape	VERB
fennia-3728	214	16	the	the	DET
fennia-3728	214	17	fact	fact	NOUN
fennia-3728	214	18	that	that	SCONJ
fennia-3728	214	19	sufficient	sufficient	ADJ
fennia-3728	214	20	scale	scale	NOUN
fennia-3728	214	21	is	be	AUX
fennia-3728	214	22	necessary	necessary	ADJ
fennia-3728	214	23	for	for	ADP
fennia-3728	214	24	financial	financial	ADJ
fennia-3728	214	25	services	service	NOUN
fennia-3728	214	26	.	.	PUNCT
fennia-3728	215	1	also	also	ADV
fennia-3728	215	2	in	in	ADP
fennia-3728	215	3	the	the	DET
fennia-3728	215	4	future	future	NOUN
fennia-3728	215	5	,	,	PUNCT
fennia-3728	215	6	small	small	ADJ
fennia-3728	215	7	and	and	CCONJ
fennia-3728	215	8	diverse	diverse	ADJ
fennia-3728	215	9	concentrations	concentration	NOUN
fennia-3728	215	10	of	of	ADP
fennia-3728	215	11	firms	firm	NOUN
fennia-3728	215	12	will	will	AUX
fennia-3728	215	13	find	find	VERB
fennia-3728	215	14	financing	financing	NOUN
fennia-3728	215	15	more	more	ADV
fennia-3728	215	16	difficult	difficult	ADJ
fennia-3728	215	17	than	than	ADP
fennia-3728	215	18	larger	large	ADJ
fennia-3728	215	19	and	and	CCONJ
fennia-3728	215	20	more	more	ADV
fennia-3728	215	21	specialised	specialised	ADJ
fennia-3728	215	22	ones	one	NOUN
fennia-3728	215	23	.	.	PUNCT
fennia-3728	216	1	therefore	therefore	ADV
fennia-3728	216	2	,	,	PUNCT
fennia-3728	216	3	in	in	ADP
fennia-3728	216	4	order	order	NOUN
fennia-3728	216	5	to	to	PART
fennia-3728	216	6	combine	combine	VERB
fennia-3728	216	7	the	the	DET
fennia-3728	216	8	benefits	benefit	NOUN
fennia-3728	216	9	of	of	ADP
fennia-3728	216	10	specialised	specialised	ADJ
fennia-3728	216	11	information	information	NOUN
fennia-3728	216	12	,	,	PUNCT
fennia-3728	216	13	geographic	geographic	ADJ
fennia-3728	216	14	proximity	proximity	NOUN
fennia-3728	216	15	and	and	CCONJ
fennia-3728	216	16	efficient	efficient	ADJ
fennia-3728	216	17	size	size	NOUN
fennia-3728	216	18	,	,	PUNCT
fennia-3728	216	19	the	the	DET
fennia-3728	216	20	creation	creation	NOUN
fennia-3728	216	21	of	of	ADP
fennia-3728	216	22	strong	strong	ADJ
fennia-3728	216	23	,	,	PUNCT
fennia-3728	216	24	specialised	specialised	ADJ
fennia-3728	216	25	business	business	NOUN
fennia-3728	216	26	clusters	cluster	NOUN
fennia-3728	216	27	will	will	AUX
fennia-3728	216	28	be	be	AUX
fennia-3728	216	29	even	even	ADV
fennia-3728	216	30	more	more	ADV
fennia-3728	216	31	essential	essential	ADJ
fennia-3728	216	32	in	in	ADP
fennia-3728	216	33	the	the	DET
fennia-3728	216	34	future	future	NOUN
fennia-3728	216	35	to	to	PART
fennia-3728	216	36	ensure	ensure	VERB
fennia-3728	216	37	the	the	DET
fennia-3728	216	38	success	success	NOUN
fennia-3728	216	39	of	of	ADP
fennia-3728	216	40	a	a	DET
fennia-3728	216	41	region	region	NOUN
fennia-3728	216	42	in	in	ADP
fennia-3728	216	43	the	the	DET
fennia-3728	216	44	international	international	ADJ
fennia-3728	216	45	financial	financial	ADJ
fennia-3728	216	46	integration	integration	NOUN
fennia-3728	216	47	,	,	PUNCT
fennia-3728	216	48	financial	financial	ADJ
fennia-3728	216	49	consolidation	consolidation	NOUN
fennia-3728	216	50	,	,	PUNCT
fennia-3728	216	51	and	and	CCONJ
fennia-3728	216	52	tougher	tough	ADJ
fennia-3728	216	53	competition	competition	NOUN
fennia-3728	216	54	.	.	PUNCT
fennia-3728	217	1	it	it	PRON
fennia-3728	217	2	is	be	AUX
fennia-3728	217	3	the	the	DET
fennia-3728	217	4	challenge	challenge	NOUN
fennia-3728	217	5	for	for	SCONJ
fennia-3728	217	6	local	local	ADJ
fennia-3728	217	7	policy	policy	NOUN
fennia-3728	217	8	makers	maker	NOUN
fennia-3728	217	9	and	and	CCONJ
fennia-3728	217	10	business	business	NOUN
fennia-3728	217	11	communities	community	NOUN
fennia-3728	217	12	to	to	PART
fennia-3728	217	13	act	act	VERB
fennia-3728	217	14	as	as	ADP
fennia-3728	217	15	catalysts	catalyst	NOUN
fennia-3728	217	16	in	in	ADP
fennia-3728	217	17	the	the	DET
fennia-3728	217	18	formation	formation	NOUN
fennia-3728	217	19	of	of	ADP
fennia-3728	217	20	such	such	ADJ
fennia-3728	217	21	structures	structure	NOUN
fennia-3728	217	22	.	.	PUNCT
fennia-3728	218	1	references	reference	NOUN
fennia-3728	218	2	ecb	ecb	NOUN
fennia-3728	218	3	(	(	PUNCT
fennia-3728	218	4	2006	2006	NUM
fennia-3728	218	5	)	)	PUNCT
fennia-3728	218	6	.	.	PUNCT
fennia-3728	219	1	towards	towards	ADP
fennia-3728	219	2	a	a	DET
fennia-3728	219	3	single	single	ADJ
fennia-3728	219	4	euro	euro	NOUN
fennia-3728	219	5	payments	payment	NOUN
fennia-3728	219	6	area	area	NOUN
fennia-3728	219	7	–	–	PUNCT
fennia-3728	219	8	fourth	fourth	ADJ
fennia-3728	219	9	progress	progress	NOUN
fennia-3728	219	10	report	report	NOUN
fennia-3728	219	11	.	.	PUNCT
fennia-3728	220	1	23	23	NUM
fennia-3728	220	2	p.	p.	NOUN
fennia-3728	220	3	european	european	PROPN
fennia-3728	220	4	central	central	PROPN
fennia-3728	220	5	bank	bank	PROPN
fennia-3728	220	6	,	,	PUNCT
fennia-3728	220	7	frankfurt	frankfurt	PROPN
fennia-3728	220	8	am	be	AUX
fennia-3728	220	9	main	main	ADJ
fennia-3728	220	10	.	.	PUNCT
fennia-3728	221	1	european	european	PROPN
fennia-3728	221	2	commission	commission	PROPN
fennia-3728	221	3	(	(	PUNCT
fennia-3728	221	4	2005	2005	NUM
fennia-3728	221	5	)	)	PUNCT
fennia-3728	221	6	.	.	PUNCT
fennia-3728	222	1	white	white	PROPN
fennia-3728	222	2	paper	paper	PROPN
fennia-3728	222	3	,	,	PUNCT
fennia-3728	222	4	financial	financial	ADJ
fennia-3728	222	5	services	service	NOUN
fennia-3728	222	6	policy	policy	NOUN
fennia-3728	222	7	2005–2010	2005–2010	NUM
fennia-3728	222	8	.	.	PUNCT
fennia-3728	223	1	giovannini	giovannini	PROPN
fennia-3728	223	2	a	a	PROPN
fennia-3728	223	3	&	&	CCONJ
fennia-3728	223	4	c	c	PROPN
fennia-3728	223	5	mayer	mayer	PROPN
fennia-3728	223	6	(	(	PUNCT
fennia-3728	223	7	eds	eds	PROPN
fennia-3728	223	8	.	.	PUNCT
fennia-3728	223	9	)	)	PUNCT
fennia-3728	223	10	(	(	PUNCT
fennia-3728	223	11	1991	1991	NUM
fennia-3728	223	12	)	)	PUNCT
fennia-3728	223	13	.	.	PUNCT
fennia-3728	224	1	european	european	ADJ
fennia-3728	224	2	financial	financial	ADJ
fennia-3728	224	3	integration	integration	NOUN
fennia-3728	224	4	.	.	PUNCT
fennia-3728	225	1	348	348	NUM
fennia-3728	225	2	p.	p.	NOUN
fennia-3728	225	3	cambridge	cambridge	PROPN
fennia-3728	225	4	university	university	PROPN
fennia-3728	225	5	press	press	PROPN
fennia-3728	225	6	,	,	PUNCT
fennia-3728	225	7	cambridge	cambridge	PROPN
fennia-3728	225	8	.	.	PUNCT
fennia-3728	226	1	hasan	hasan	PROPN
fennia-3728	226	2	i	i	PROPN
fennia-3728	226	3	&	&	CCONJ
fennia-3728	226	4	m	m	PROPN
fennia-3728	226	5	malkamäki	malkamäki	NOUN
fennia-3728	226	6	(	(	PUNCT
fennia-3728	226	7	2001	2001	NUM
fennia-3728	226	8	)	)	PUNCT
fennia-3728	226	9	.	.	PUNCT
fennia-3728	227	1	are	be	AUX
fennia-3728	227	2	expansions	expansion	NOUN
fennia-3728	227	3	cost	cost	VERB
fennia-3728	227	4	effective	effective	ADJ
fennia-3728	227	5	for	for	ADP
fennia-3728	227	6	stock	stock	NOUN
fennia-3728	227	7	exchanges	exchange	NOUN
fennia-3728	227	8	?	?	PUNCT
fennia-3728	228	1	a	a	DET
fennia-3728	228	2	global	global	ADJ
fennia-3728	228	3	perspective	perspective	NOUN
fennia-3728	228	4	.	.	PUNCT
fennia-3728	229	1	journal	journal	NOUN
fennia-3728	229	2	of	of	ADP
fennia-3728	229	3	banking	banking	NOUN
fennia-3728	229	4	and	and	CCONJ
fennia-3728	229	5	finance	finance	NOUN
fennia-3728	229	6	25	25	NUM
fennia-3728	229	7	:	:	SYM
fennia-3728	229	8	12	12	NUM
fennia-3728	229	9	,	,	PUNCT
fennia-3728	229	10	2339–2366	2339–2366	NUM
fennia-3728	229	11	.	.	PUNCT
fennia-3728	229	12	helpman	helpman	PROPN
fennia-3728	229	13	e	e	PROPN
fennia-3728	229	14	&	&	CCONJ
fennia-3728	229	15	p	p	PROPN
fennia-3728	229	16	krugman	krugman	PROPN
fennia-3728	229	17	(	(	PUNCT
fennia-3728	229	18	1986	1986	NUM
fennia-3728	229	19	)	)	PUNCT
fennia-3728	229	20	.	.	PUNCT
fennia-3728	230	1	market	market	NOUN
fennia-3728	230	2	structure	structure	NOUN
fennia-3728	230	3	and	and	CCONJ
fennia-3728	230	4	foreign	foreign	ADJ
fennia-3728	230	5	trade	trade	NOUN
fennia-3728	230	6	.	.	PUNCT
fennia-3728	231	1	271	271	NUM
fennia-3728	231	2	p.	p.	NOUN
fennia-3728	231	3	mit	mit	PROPN
fennia-3728	231	4	,	,	PUNCT
fennia-3728	231	5	cambridge	cambridge	PROPN
fennia-3728	231	6	.	.	PUNCT
fennia-3728	232	1	imf	imf	PROPN
fennia-3728	232	2	(	(	PUNCT
fennia-3728	232	3	2004	2004	NUM
fennia-3728	232	4	)	)	PUNCT
fennia-3728	232	5	.	.	PUNCT
fennia-3728	233	1	global	global	ADJ
fennia-3728	233	2	financial	financial	ADJ
fennia-3728	233	3	stability	stability	NOUN
fennia-3728	233	4	report	report	NOUN
fennia-3728	233	5	,	,	PUNCT
fennia-3728	233	6	september	september	PROPN
fennia-3728	233	7	2004	2004	NUM
fennia-3728	233	8	.	.	PUNCT
fennia-3728	234	1	229	229	NUM
fennia-3728	234	2	p.	p.	PROPN
fennia-3728	234	3	international	international	ADJ
fennia-3728	234	4	monetary	monetary	ADJ
fennia-3728	234	5	fund	fund	PROPN
fennia-3728	234	6	,	,	PUNCT
fennia-3728	234	7	washington	washington	PROPN
fennia-3728	234	8	.	.	PUNCT
fennia-3728	235	1	jensen	jensen	PROPN
fennia-3728	235	2	m	m	PROPN
fennia-3728	235	3	&	&	CCONJ
fennia-3728	235	4	r	r	PROPN
fennia-3728	235	5	ruback	ruback	NOUN
fennia-3728	235	6	(	(	PUNCT
fennia-3728	235	7	1983	1983	NUM
fennia-3728	235	8	)	)	PUNCT
fennia-3728	235	9	.	.	PUNCT
fennia-3728	236	1	the	the	DET
fennia-3728	236	2	market	market	NOUN
fennia-3728	236	3	for	for	ADP
fennia-3728	236	4	corporate	corporate	ADJ
fennia-3728	236	5	control	control	NOUN
fennia-3728	236	6	.	.	PUNCT
fennia-3728	237	1	the	the	DET
fennia-3728	237	2	scientific	scientific	ADJ
fennia-3728	237	3	evidence	evidence	NOUN
fennia-3728	237	4	.	.	PUNCT
fennia-3728	238	1	journal	journal	NOUN
fennia-3728	238	2	of	of	ADP
fennia-3728	238	3	financial	financial	ADJ
fennia-3728	238	4	economics	economic	NOUN
fennia-3728	238	5	11	11	NUM
fennia-3728	238	6	:	:	SYM
fennia-3728	238	7	1	1	NUM
fennia-3728	238	8	,	,	PUNCT
fennia-3728	238	9	5–50	5–50	NOUN
fennia-3728	238	10	.	.	PUNCT
fennia-3728	239	1	jokivuolle	jokivuolle	PROPN
fennia-3728	239	2	e	e	PROPN
fennia-3728	239	3	&	&	CCONJ
fennia-3728	239	4	k	k	PROPN
fennia-3728	239	5	korhonen	korhonen	PROPN
fennia-3728	239	6	(	(	PUNCT
fennia-3728	239	7	2004	2004	NUM
fennia-3728	239	8	)	)	PUNCT
fennia-3728	239	9	.	.	PUNCT
fennia-3728	240	1	overview	overview	NOUN
fennia-3728	240	2	of	of	ADP
fennia-3728	240	3	financial	financial	ADJ
fennia-3728	240	4	integration	integration	NOUN
fennia-3728	240	5	.	.	PUNCT
fennia-3728	241	1	in	in	ADP
fennia-3728	241	2	koskenkylä	koskenkylä	PROPN
fennia-3728	241	3	h	h	PROPN
fennia-3728	241	4	(	(	PUNCT
fennia-3728	241	5	ed	ed	NOUN
fennia-3728	241	6	)	)	PUNCT
fennia-3728	241	7	.	.	PUNCT
fennia-3728	242	1	financial	financial	ADJ
fennia-3728	242	2	integration	integration	NOUN
fennia-3728	242	3	.	.	PUNCT
fennia-3728	243	1	bank	bank	PROPN
fennia-3728	243	2	of	of	ADP
fennia-3728	243	3	finland	finland	PROPN
fennia-3728	243	4	studies	study	NOUN
fennia-3728	243	5	a	a	DET
fennia-3728	243	6	108	108	NUM
fennia-3728	243	7	,	,	PUNCT
fennia-3728	243	8	15	15	NUM
fennia-3728	243	9	–	–	SYM
fennia-3728	243	10	40	40	NUM
fennia-3728	243	11	.	.	PUNCT
fennia-3728	244	1	leland	leland	PROPN
fennia-3728	244	2	h	h	PROPN
fennia-3728	244	3	&	&	CCONJ
fennia-3728	244	4	d	d	PROPN
fennia-3728	244	5	pyle	pyle	PROPN
fennia-3728	244	6	(	(	PUNCT
fennia-3728	244	7	1977	1977	NUM
fennia-3728	244	8	)	)	PUNCT
fennia-3728	244	9	.	.	PUNCT
fennia-3728	245	1	informational	informational	ADJ
fennia-3728	245	2	asymmetries	asymmetry	NOUN
fennia-3728	245	3	,	,	PUNCT
fennia-3728	245	4	financial	financial	ADJ
fennia-3728	245	5	structure	structure	NOUN
fennia-3728	245	6	and	and	CCONJ
fennia-3728	245	7	financial	financial	ADJ
fennia-3728	245	8	intermediation	intermediation	NOUN
fennia-3728	245	9	.	.	PUNCT
fennia-3728	246	1	journal	journal	NOUN
fennia-3728	246	2	of	of	ADP
fennia-3728	246	3	finance	finance	NOUN
fennia-3728	246	4	32	32	NUM
fennia-3728	246	5	:	:	SYM
fennia-3728	246	6	2	2	NUM
fennia-3728	246	7	,	,	PUNCT
fennia-3728	246	8	371–387	371–387	NUM
fennia-3728	246	9	.	.	PUNCT
fennia-3728	247	1	levine	levine	PROPN
fennia-3728	247	2	r	r	PROPN
fennia-3728	247	3	(	(	PUNCT
fennia-3728	247	4	1997	1997	NUM
fennia-3728	247	5	)	)	PUNCT
fennia-3728	247	6	.	.	PUNCT
fennia-3728	248	1	financial	financial	ADJ
fennia-3728	248	2	development	development	NOUN
fennia-3728	248	3	and	and	CCONJ
fennia-3728	248	4	economic	economic	ADJ
fennia-3728	248	5	growth	growth	NOUN
fennia-3728	248	6	:	:	PUNCT
fennia-3728	248	7	views	view	NOUN
fennia-3728	248	8	and	and	CCONJ
fennia-3728	248	9	agenda	agenda	NOUN
fennia-3728	248	10	.	.	PUNCT
fennia-3728	249	1	journal	journal	PROPN
fennia-3728	249	2	of	of	ADP
fennia-3728	249	3	economic	economic	ADJ
fennia-3728	249	4	literature	literature	NOUN
fennia-3728	249	5	35	35	NUM
fennia-3728	249	6	:	:	SYM
fennia-3728	249	7	2	2	NUM
fennia-3728	249	8	,	,	PUNCT
fennia-3728	249	9	688–726	688–726	NUM
fennia-3728	249	10	.	.	PUNCT
fennia-3728	250	1	o’brien	o’brien	NUM
fennia-3728	250	2	r	r	NOUN
fennia-3728	250	3	(	(	PUNCT
fennia-3728	250	4	1992	1992	NUM
fennia-3728	250	5	)	)	PUNCT
fennia-3728	250	6	.	.	PUNCT
fennia-3728	251	1	global	global	ADJ
fennia-3728	251	2	financial	financial	ADJ
fennia-3728	251	3	integration	integration	NOUN
fennia-3728	251	4	:	:	PUNCT
fennia-3728	251	5	the	the	DET
fennia-3728	251	6	end	end	NOUN
fennia-3728	251	7	of	of	ADP
fennia-3728	251	8	geography	geography	NOUN
fennia-3728	251	9	.	.	PUNCT
fennia-3728	252	1	120	120	NUM
fennia-3728	252	2	p.	p.	PROPN
fennia-3728	252	3	royal	royal	PROPN
fennia-3728	252	4	institute	institute	PROPN
fennia-3728	252	5	of	of	ADP
fennia-3728	252	6	international	international	PROPN
fennia-3728	252	7	affairs	affairs	PROPN
fennia-3728	252	8	,	,	PUNCT
fennia-3728	252	9	london	london	PROPN
fennia-3728	252	10	.	.	PUNCT
fennia-3728	253	1	obstfeld	obstfeld	PROPN
fennia-3728	253	2	m	m	PROPN
fennia-3728	253	3	&	&	CCONJ
fennia-3728	253	4	k	k	PROPN
fennia-3728	253	5	rogoff	rogoff	PROPN
fennia-3728	253	6	(	(	PUNCT
fennia-3728	253	7	1995	1995	NUM
fennia-3728	253	8	)	)	PUNCT
fennia-3728	253	9	.	.	PUNCT
fennia-3728	254	1	the	the	DET
fennia-3728	254	2	intertemporal	intertemporal	ADJ
fennia-3728	254	3	approach	approach	NOUN
fennia-3728	254	4	to	to	ADP
fennia-3728	254	5	the	the	DET
fennia-3728	254	6	current	current	ADJ
fennia-3728	254	7	account	account	NOUN
fennia-3728	254	8	.	.	PUNCT
fennia-3728	255	1	in	in	ADP
fennia-3728	255	2	grossman	grossman	PROPN
fennia-3728	255	3	g	g	PROPN
fennia-3728	255	4	&	&	CCONJ
fennia-3728	255	5	k	k	PROPN
fennia-3728	255	6	rogoff	rogoff	PROPN
fennia-3728	255	7	(	(	PUNCT
fennia-3728	255	8	eds	ed	NOUN
fennia-3728	255	9	.	.	PUNCT
fennia-3728	255	10	)	)	PUNCT
fennia-3728	255	11	.	.	PUNCT
fennia-3728	256	1	handbook	handbook	NOUN
fennia-3728	256	2	of	of	ADP
fennia-3728	256	3	international	international	ADJ
fennia-3728	256	4	economics	economic	NOUN
fennia-3728	256	5	,	,	PUNCT
fennia-3728	256	6	1731–1799	1731–1799	NUM
fennia-3728	256	7	.	.	PUNCT
fennia-3728	257	1	elsevier	elsevier	PROPN
fennia-3728	257	2	,	,	PUNCT
fennia-3728	257	3	amsterdam	amsterdam	PROPN
fennia-3728	257	4	.	.	PUNCT
fennia-3728	258	1	salo	salo	PROPN
fennia-3728	258	2	s	s	PART
fennia-3728	258	3	(	(	PUNCT
fennia-3728	258	4	2006	2006	NUM
fennia-3728	258	5	)	)	PUNCT
fennia-3728	258	6	.	.	PUNCT
fennia-3728	259	1	promoting	promote	VERB
fennia-3728	259	2	integration	integration	NOUN
fennia-3728	259	3	of	of	ADP
fennia-3728	259	4	european	european	ADJ
fennia-3728	259	5	retail	retail	ADJ
fennia-3728	259	6	payment	payment	NOUN
fennia-3728	259	7	systems	system	NOUN
fennia-3728	259	8	:	:	PUNCT
fennia-3728	259	9	role	role	NOUN
fennia-3728	259	10	of	of	ADP
fennia-3728	259	11	competition	competition	NOUN
fennia-3728	259	12	,	,	PUNCT
fennia-3728	259	13	cooperation	cooperation	NOUN
fennia-3728	259	14	and	and	CCONJ
fennia-3728	259	15	regulation	regulation	NOUN
fennia-3728	259	16	.	.	PUNCT
fennia-3728	260	1	presentation	presentation	NOUN
fennia-3728	260	2	at	at	ADP
fennia-3728	260	3	the	the	DET
fennia-3728	260	4	suerf	suerf	NOUN
fennia-3728	260	5	seminar	seminar	NOUN
fennia-3728	260	6	“	"	PUNCT
fennia-3728	260	7	the	the	DET
fennia-3728	260	8	adoption	adoption	NOUN
fennia-3728	260	9	of	of	ADP
fennia-3728	260	10	the	the	DET
fennia-3728	260	11	euro	euro	NOUN
fennia-3728	260	12	in	in	ADP
fennia-3728	260	13	new	new	ADJ
fennia-3728	260	14	member	member	NOUN
fennia-3728	260	15	states	state	NOUN
fennia-3728	260	16	:	:	PUNCT
fennia-3728	260	17	challenges	challenge	NOUN
fennia-3728	260	18	and	and	CCONJ
fennia-3728	260	19	vulnerabilities	vulnerability	NOUN
fennia-3728	260	20	on	on	ADP
fennia-3728	260	21	the	the	DET
fennia-3728	260	22	last	last	ADJ
fennia-3728	260	23	stretch	stretch	NOUN
fennia-3728	260	24	”	"	PUNCT
fennia-3728	260	25	,	,	PUNCT
fennia-3728	260	26	in	in	ADP
fennia-3728	260	27	malta	malta	PROPN
fennia-3728	260	28	,	,	PUNCT
fennia-3728	260	29	4	4	NUM
fennia-3728	260	30	may	may	PROPN
fennia-3728	260	31	2006	2006	NUM
fennia-3728	260	32	.	.	PUNCT
fennia-3728	261	1	forthcoming	forthcome	VERB
fennia-3728	261	2	in	in	ADP
fennia-3728	261	3	suerf	suerf	NOUN
fennia-3728	261	4	publication	publication	NOUN
fennia-3728	261	5	series	series	PROPN
fennia-3728	261	6	.	.	PUNCT
fennia-3728	262	1	schmiedel	schmiedel	PROPN
fennia-3728	262	2	h	h	PROPN
fennia-3728	262	3	,	,	PUNCT
fennia-3728	262	4	m	m	PROPN
fennia-3728	262	5	malkamäki	malkamäki	PROPN
fennia-3728	262	6	&	&	CCONJ
fennia-3728	262	7	j	j	PROPN
fennia-3728	262	8	tarkka	tarkka	PROPN
fennia-3728	262	9	(	(	PUNCT
fennia-3728	262	10	2006	2006	NUM
fennia-3728	262	11	)	)	PUNCT
fennia-3728	262	12	.	.	PUNCT
fennia-3728	263	1	economies	economy	NOUN
fennia-3728	263	2	of	of	ADP
fennia-3728	263	3	scale	scale	NOUN
fennia-3728	263	4	and	and	CCONJ
fennia-3728	263	5	technological	technological	ADJ
fennia-3728	263	6	development	development	NOUN
fennia-3728	263	7	in	in	ADP
fennia-3728	263	8	securities	security	NOUN
fennia-3728	263	9	depository	depository	NOUN
fennia-3728	263	10	and	and	CCONJ
fennia-3728	263	11	settlement	settlement	NOUN
fennia-3728	263	12	.	.	PUNCT
fennia-3728	264	1	journal	journal	NOUN
fennia-3728	264	2	of	of	ADP
fennia-3728	264	3	banking	banking	NOUN
fennia-3728	264	4	and	and	CCONJ
fennia-3728	264	5	finance	finance	NOUN
fennia-3728	264	6	30	30	NUM
fennia-3728	264	7	:	:	SYM
fennia-3728	264	8	6	6	NUM
fennia-3728	264	9	,	,	PUNCT
fennia-3728	264	10	1783–1806	1783–1806	NUM
fennia-3728	264	11	.	.	PUNCT
fennia-3728	265	1	schneider	schneider	PROPN
fennia-3728	265	2	b	b	PROPN
fennia-3728	265	3	(	(	PUNCT
fennia-3728	265	4	ed	ed	NOUN
fennia-3728	265	5	)	)	PUNCT
fennia-3728	265	6	(	(	PUNCT
fennia-3728	265	7	2003	2003	NUM
fennia-3728	265	8	)	)	PUNCT
fennia-3728	265	9	.	.	PUNCT
fennia-3728	266	1	the	the	DET
fennia-3728	266	2	road	road	NOUN
fennia-3728	266	3	to	to	ADP
fennia-3728	266	4	international	international	ADJ
fennia-3728	266	5	financial	financial	ADJ
fennia-3728	266	6	stability	stability	NOUN
fennia-3728	266	7	:	:	PUNCT
fennia-3728	266	8	are	be	AUX
fennia-3728	266	9	key	key	ADJ
fennia-3728	266	10	financial	financial	ADJ
fennia-3728	266	11	standards	standard	NOUN
fennia-3728	266	12	the	the	DET
fennia-3728	266	13	answer	answer	NOUN
fennia-3728	266	14	?	?	PUNCT
fennia-3728	267	1	240	240	NUM
fennia-3728	267	2	p.	p.	PROPN
fennia-3728	267	3	palgrave	palgrave	PROPN
fennia-3728	267	4	macmillan	macmillan	PROPN
fennia-3728	267	5	.	.	PUNCT
fennia-3728	268	1	stulz	stulz	ADJ
fennia-3728	268	2	r	r	NOUN
fennia-3728	268	3	(	(	PUNCT
fennia-3728	268	4	1981	1981	NUM
fennia-3728	268	5	)	)	PUNCT
fennia-3728	268	6	.	.	PUNCT
fennia-3728	269	1	a	a	DET
fennia-3728	269	2	model	model	NOUN
fennia-3728	269	3	of	of	ADP
fennia-3728	269	4	international	international	ADJ
fennia-3728	269	5	assert	assert	NOUN
fennia-3728	269	6	pricing	pricing	NOUN
fennia-3728	269	7	.	.	PUNCT
fennia-3728	270	1	journal	journal	NOUN
fennia-3728	270	2	of	of	ADP
fennia-3728	270	3	financial	financial	ADJ
fennia-3728	270	4	economics	economic	NOUN
fennia-3728	270	5	9	9	NUM
fennia-3728	270	6	:	:	SYM
fennia-3728	270	7	3	3	NUM
fennia-3728	270	8	,	,	PUNCT
fennia-3728	270	9	383	383	NUM
fennia-3728	270	10	–	–	PUNCT
fennia-3728	270	11	406	406	NUM
fennia-3728	270	12	.	.	PUNCT
fennia-3728	271	1	unctad	unctad	PROPN
fennia-3728	271	2	(	(	PUNCT
fennia-3728	271	3	1998	1998	NUM
fennia-3728	271	4	)	)	PUNCT
fennia-3728	271	5	.	.	PUNCT
fennia-3728	272	1	world	world	NOUN
fennia-3728	272	2	investment	investment	NOUN
fennia-3728	272	3	report	report	NOUN
fennia-3728	272	4	1997	1997	NUM
fennia-3728	272	5	.	.	PUNCT
fennia-3728	273	1	transnational	transnational	ADJ
fennia-3728	273	2	corporations	corporation	NOUN
fennia-3728	273	3	,	,	PUNCT
fennia-3728	273	4	market	market	NOUN
fennia-3728	273	5	structure	structure	NOUN
fennia-3728	273	6	and	and	CCONJ
fennia-3728	273	7	competition	competition	NOUN
fennia-3728	273	8	policy	policy	NOUN
fennia-3728	273	9	.	.	PUNCT
fennia-3728	274	1	unctad	unctad	PROPN
fennia-3728	274	2	,	,	PUNCT
fennia-3728	274	3	geneva	geneva	PROPN
fennia-3728	274	4	.	.	PUNCT
fennia-3728	275	1	zook	zook	PROPN
fennia-3728	275	2	m	m	PROPN
fennia-3728	275	3	(	(	PUNCT
fennia-3728	275	4	2002	2002	NUM
fennia-3728	275	5	)	)	PUNCT
fennia-3728	275	6	.	.	PUNCT
fennia-3728	276	1	grounded	ground	VERB
fennia-3728	276	2	capital	capital	NOUN
fennia-3728	276	3	:	:	PUNCT
fennia-3728	276	4	venture	venture	NOUN
fennia-3728	276	5	financing	financing	NOUN
fennia-3728	276	6	and	and	CCONJ
fennia-3728	276	7	the	the	DET
fennia-3728	276	8	geography	geography	NOUN
fennia-3728	276	9	of	of	ADP
fennia-3728	276	10	the	the	DET
fennia-3728	276	11	internet	internet	NOUN
fennia-3728	276	12	industry	industry	NOUN
fennia-3728	276	13	,	,	PUNCT
fennia-3728	276	14	1994	1994	NUM
fennia-3728	276	15	–	–	PUNCT
fennia-3728	276	16	2000	2000	NUM
fennia-3728	276	17	.	.	PUNCT
fennia-3728	277	1	journal	journal	NOUN
fennia-3728	277	2	of	of	ADP
fennia-3728	277	3	economic	economic	ADJ
fennia-3728	277	4	geography	geography	NOUN
fennia-3728	277	5	2	2	NUM
fennia-3728	277	6	:	:	SYM
fennia-3728	277	7	3	3	NUM
fennia-3728	277	8	,	,	PUNCT
fennia-3728	277	9	151	151	NUM
fennia-3728	277	10	–	–	PUNCT
fennia-3728	277	11	177	177	NUM
fennia-3728	277	12	.	.	PUNCT
