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...

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...

The broad context of the study is the main determinants of Finnish-Russian economic relations during the post-Soviet era and the prospects for the future. The study explores the determination of trade as well as foreign direct investment (FDI). The main emphasis is on the structure and...

The Baltic States, Estonia, Latvia and Lithuania, are very successful in transformation. From 1991 to 2015 they regained independence and transformed their economies from socialist central planning into functioning mar-ket economies, joined the EU in 2004 and became member of the Euro zone....

In this paper, we present a disaggregated framework for the analysis of past and projected structural developments in the most relevant revenue and expenditure categories and the fiscal balance. The framework, in particular, distinguishes between the effects of discretionary fiscal policy and of...