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The objective of the project is to study the importance of the Russian demand potential for the Finnish economy. ETLA has carried out similar projects in 1986 and in 2003. We have also participated in 2005-2007 in a large research program financed by The Finnish Research Council with a theme “Opening of the Russian Economy”.
Our current project aims to update the previous research reports and to take up new relevant themes. Many changes have happened in Russia as well as in Finland since then. Russia has joined the WTO, its income level has increased and its production structure has changed. Also in Finland the production structure and the supply potential have changed. Our aim is to study possibilities provided by the changing circumstances for mutual economic cooperation and specialization in the spheres of foreign trade, tourism and foreign direct investment.
The leader of the project is Research Director Markku Kotilainen. The project will be carried out in 2013-2014. The project is financed by the TT Foundation.
