Got a tricky question? Receive an answer from students like you! Try us!

Economy of Finland - Coursework Example

Only on StudentShare
Author : isaiah42

Summary

Occupying the Eastern part of the Swedish Kingdom until 1809, Finland was captured by the Soviet during the Napoleonic Wars in the same year. Following this seizure, Finland was used as a buffer state in the Soviet Empire. In the year 1812, Russian Tsar Alexander I combined the entire region of Old Finland into the Grand Duchy of Finland…

Extract of sample
Economy of Finland


This led to movements for independence and self assertion on the part of Finland as early as the First World War. In this regard, the relationship between the Soviet and Finland remained inconsistent, until Finland declared itself independent in 1912, following an upheaval by the Bolsheviks. This was a period when the Finnish German ties were looking up. Following Soviet aggression as well as expeditions in Finland in order to capture it, the Soviet began diplomatic negotiations with Finland in April, 1938. This was done basically to avert the possibility of a Finnish attack on Leningrad with the help of British or German backing. It was in this period that Soviet German ties were forged with the help of a non aggression pact in 1939.
A similar non aggression pact had been signed between Finland and the Soviet in 1934, which was to be re affirmed after a decade. Yet, the hostilities began soon after with Ariel attacks, military expeditions as well as naval attacks between the two countries.
While the fall of Soviet Communism was hailed by many as the beginning of good times, there are parallel theories that point towards the failure of democracy to take off completely. What must be considered here, is the emergence of the following in Finland after the fall of Communism:
While not ...
Download paper

Related Essays

Influence of interest rates on russian economy
The financial turmoil in the Asian markets in the summer 1997 sent shockwaves throughout the world and did not leave Russian market also. The panicked investors pulled out of the Russian market en-mass and this resulted in a great fall in the Russian stock market in May 1998. In order to overcome the situation the central bank tripled the interest rate followed by several other economic measures. These had a devastating effect on the economy of Russia. In addition the hyperinflation experienced by the country and the devaluation of the currency were some other factors also responsible for the…
50 pages (12550 words)
The British Economy
Eichengreen, B. (1995) stated that Britain's sterling devaluations in 1949 were a continuation of the effect of World War-II. After the war both Britain and Germany imposed exchange control. In 1949 Britain joined the NATO1, when it was a founding member of the UN. The most important significance of the year in world politics was rise of the CPG2 in China. Chinese Communist Leader Mao Zedong and Soviet President Joseph Stalin signed a Sino-Soviet Treaty that endow with economic and military aid from the Soviet Union to the new state of communist. Simultaneously the Chinese Nationalists…
6 pages (1506 words)
The Irish Economy
Our paper is divided into five sections. The first one is the discussion of the current economic state of Ireland particularly using the 2008 and 2009 data plus the recent 2010 figures for an update, then we discuss the contributing factors to such a state in the next section. To get into the details, we examine and analyze the fiscal and monetary policies done recently. This will compose of the third and the fourth sections respectively, wherein analyses using economic theories will be in-depth. The last section discusses the question of how successful has the Irish government and the Central…
10 pages (2510 words)
Political Economy of the European Union
It has build up a role inforeign policy, and represents its members in theWorld Trade Organization, atG8summits and at theUnited Nations. Twenty-one EU nations are part ofNATO. It has also taken up a responsibility in justice and home affairs, which includes the elimination of passport control between many member nations under theSchengen Agreement. (Alan, 2007)…
8 pages (2008 words)
Impact of Recession on UK Economy
It was around that time when the government realised the seriousness of the issue. There are indications that things might be looking up, as we move along with the range of stimulus packages. The unemployment rate in UK experienced a dip of 0.1 percent and it stood at 7.8 percent in January 2010. But this figure is till 1.6 percent higher than that of last year, which makes thinks worrisome for the government (HRM Guide, 2010). Official figures indicate that the average earnings in UK have certainly bounced back in the recent past.1…
8 pages (2008 words)
Economy of United Kingdom
Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. GDP growth slipped in 2001-03 as the global downturn, the high value of the pound, and the bursting of the "new economy" bubble hurt manufacturing and exports. Output recovered in 2004, to 3.2% growth, then slowed to 1.7% in 2005 and 2.7% in 2006. " (Exxun.com, 2007)…
6 pages (1506 words)