We analyse the experience of Finnish firms operating in the Czech Republic, Slovakia, Hungary and Slovenia (CEE4 … countries) and their future business prospects there. First, we review the state and development of these countries economies …. The countries face different economic challenges. After that we analyse the results from our firm survey. The …

review the state and development of these countries’ economies. The countries face different economic challenges. After that …60 KAITILA, Ville, NIKULA, Nuutti, KARSAI, Judit. FINNISH FIRMS OPERATING IN THE CZECH, SLOVAK, HUNGARIAN AND … Czech Republic, Slo- vakia, Hungary and Slovenia (CEE4 countries) and their future business prospects there. First, we …

force. KEY WORDS: EU, enlargement, economic integration, economic growth, con- ditional convergence KAITILA, Ville … some economic policy measures (inflation and public consump- tion). Our results indicate that conditional convergence has …. 1 See e.g. Kaitila (2004). 2 The Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia …

their economic, investment and business environments and lead to economic and other policies that support long …-term growth projections. Convergence is not automatic as global economic history very clearly demonstrates. Total GDP projected …. 1 The countries analysed are Albania, Armenia, Azerbaijan, Bosnia-Herzegovina, Bulgaria, Croatia, the Czech Re- public …

. and D. Romer (1999): “Does Trade Cause Growth?”, The American Economic Review Vol. 89(3), 379-99. Greenaway, D. and R …. Kneller (2005): “Exporting and Productivity: Theory, Evi- dence and Future Research”, The Singapore Economic Review, Vol. 50 … fastest. Next we will first review some literature on trade and growth in Section 2, and discuss the concept of marginal …

Finnish Economy, 2004, 20 p. (Keskusteluaiheita, Discussion Papers, ISSN, 0781-6847; no. 963). ABSTRACT: Economic … Warner 1995 or Henrekson et al. 1996). The conclusion on the role of regional economic integration behind growth is in this … literature somewhat ambiguous but in general trade openness and economic growth are in a positive relationship with each other …

free trade between the EU25 and Russia using GTAP, a computable general equilibrium model. We review the sectoral effects … depending on the local production structure. We emphasise the importance of economic reforms coupled with in- creasing … shows the sectoral aggregation that we use. Appendix 2 shows the readjustments we have made to official economic data of …