The good performance of Finland and its Scandinavian neighbours in these rankings is largely explained by the so-called Nordic model. This is a system that combines a market economy with highly inclusive social policies – strong safety nets, universal health care and free education. SLIDE 5.
There appears to be a desire to have ‘excess’ capital returned to shareholders through buybacks and dividends, rather than utilising that capital for investment with uncertain returns (Graph 7). [8]  http://www.rba.gov.au/speeches/2017/sp-dg-2017-11-13.html  8/13  13/11/2017  Business Investment in Australia | Speeches | RBA  Graph 7  Note that cost reduction does not necessarily imply lower investment.