This paper compares the boom-bust cycle in Finland and Sweden 1984-1995 with the average boom-bust pattern in industrialized countries as calculated from an international sample for the period 1970-2002. Two clear conclusions emerge. First, the Finnish-Swedish experience is much more volatile...

The Finnish-Russian border is one of the oldest dividing lines on the European continent, but also the most stable and peaceful new border the EU has been sharing with Russia since 1995. After the fall of the Iron Curtain, it became both a site and an instrument of increased crossborder...

This paper compares income inequality in former socialist countries with those in a market society, focusing on the ways in which social welfare systems operate in different states. Evidence of inequality and poverty is considered for three countries: Russia; Poland; and Finland. These issues in...

The euro crisis has rekindled questions about the advantages and disadvantages of membership in the European Monetary Union. In the Northern periphery of the EU, the different monetary regime choices of Finland and Sweden have created a particularly interesting testing ground for the benefits of...

During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the 1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union, because it induced a costly restructuring of the...

Great power politics in the Arctic are intensifying. The US, Russia and China are all strengthening their presence in the region. With the Arctic strategy of the Kingdom of Denmark presently in the process of being updated, this report analyses the assessments and strategies of Finland, Norway...