The study examines the developments in production structures in Finnish regions and the differences in regional income levels and the causes that affect them in an integrating global economy as well as the challenges facing regional policies. The increasing openness of the world economy, the...

First, the current situation of the economic relations between Finland and Russia is described. Then the effects of future changes in Russia and its consequences for foreign relations are analysed. Key institutional changes under consideration are the enlargement of the EU, Russias likely...

The focus of the research is on economic relations between Finland and the United States as well as their effects on the Finnish economy and Finnish-owned firms. A substantial share of the effects are transmitted through indirect channels. In the beginning the roles of the United States in world...

Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms of real income, but also in nominal terms, is of paramount importance for the whole of the EU. We build a dynamic CGE model, starting from the Balassa-Samuelson two-sector...

We have defined the Baltic Sea Region as consisting of the following countries and regions : Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Sweden, and the regions of St Petersburg, Leningrad Oblast and Kaliningrad in Russia. We have investigated the factors af-fecting FDI in the...

The study analyses the financial framework of the European Union in 2014-2020 and the prospects of Finland in this framework. The study is structured according to budget headlines the most central of which are the natural resources (agriculture and rural development), cohesion (regional and...

Abstract: We have defined the Baltic Sea Region as consisting of the following countries: Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Sweden, and Russia. We investigate foreign direct investment (FDI) flows from 1995 to 2010 to these countries econometrically. We use two basic...

The paper considers time series evidence on the relationships, and possible trade-offs, between productivity and employment, and on the impact of taxes in this connection. First, a theoretical model is built for an open economy leading to the identification of technology, non-technology and...

Private services account for over a half of GDP in developed industrialised countries. We analyse how productivity in private services is measured, the challenges and problems that the measuring faces, and the direction that research is currently taking. After this we analyse the level of and...