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...

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 models:...

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...

We examine the significance of Russian markets for Finnish business. After analysing Russia’s economic structures we evaluate and use econometrics to explain the development of Finnish exports there. If all re-exports are removed from export statistics, Russia’s share in Finnish goods...