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Transborder corporate integration in the Baltic Sea Region

[journal article]

Kuznetsov, Alexei V.

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Abstract The paper examines flows of foreign direct investment within the Baltic region. The author demonstrates close investment ties among the EU members, which are of special importance for Estonia, Latvia and Lithuania. Transborder corporate integration in the region is characterized by significant imbalances. In many aspects, it can be viewed as Sweden’s economic expansion or development of domestic markets for northern European companies. Although many German, Polish and Russian companies are involved in corporate integration in the Baltic region, other vectors of their foreign economic relations are still more important for them. As a result, the integration of Russian business in the Baltic part of the European integration area is still rather weak despite Russia’s considerable foreign direct investment in the Baltic States.
Keywords Baltic region; direct investment; European integration; cross-border cooperation; economic integration; economic cooperation; international economic relations
Classification International Relations, International Politics, Foreign Affairs, Development Policy; National Economy
Document language English
Publication Year 2012
Page/Pages p. 11-18
Journal Baltic Region (2012) 1
ISSN 2079-8555
Status Published Version; peer reviewed
Licence Creative Commons - Attribution-Noncommercial-No Derivative Works