Finnish Shipping — A Nordic Exception?

Jari Ojala and Yrjö Kaukiainen
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Jari Ojala: University of Jyväskylä
Yrjö Kaukiainen: University of Helsinki

Chapter 5 in Global Shipping in Small Nations, 2012, pp 129-155 from Palgrave Macmillan

Abstract: Abstract The Finnish economy has for centuries been dependent on seaborne transport. In some periods, such as the mid-nineteenth century and the 1970s, Finland also emerged as an important shipping nation in international cross-trades. In the mid-1970s, Finnish tonnage was the sixth largest in the world in per capita terms — just after the Scandinavian countries (Karonen, 1992; Kaukiainen, 2008b). Nevertheless, compared to the other Nordic countries, it was a minor player in international shipping and, subsequently, it has fallen even further behind. In 1987, for example, the freight earnings of Finnish shipping were about one-fifth of those of Norway and about one-third of those of Denmark and Sweden (Ojala and Saarto, 1992, p. 27).

Keywords: Gross Domestic Product; Nordic Country; Shipping Company; Gross Domestic Product Growth; Export Trade (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36352-6_5

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DOI: 10.1057/9780230363526_5

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