Transborder corporate integration in the Baltic Sea Region

Alexey Kuznetsov

MPRA Paper from University Library of Munich, Germany

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: foreign direct investment; the Baltic region; European integration; transnational corporations (search for similar items in EconPapers)
JEL-codes: F15 F21 F23 (search for similar items in EconPapers)
Date: 2012-01
New Economics Papers: this item is included in nep-cis, nep-geo and nep-tra
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in The Baltic Region 1.4(2012): pp. 11-18

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:43736

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