BSR Policy Briefing series 3/2019 The Estonian-Finnish economic cooperation Some recommendations for the policy-makers By Alari Purju CENTRUM Centrum Balticum Foundation reserves all the rights of this publication. BALTICUM ISSN: 2342-3153 The Estonian-Finnish economic cooperation Some recommendations for the policy-makers By Alari Purju Alari Purju is a Visiting Professor at Estonian Business School. He has been working as a Dean of the Faculty of Economics and Business Administration of Tallinn University of Technology, as an advisor to the Minister of Economic Affairs of Estonia. He has been also a consultant for the World Bank (The Commission for Growth and Development), the OECD, the EU Commission. Professor Purju holds Ph.D. from Institute of Economics of the Academy of Science of Estonia and MA in Economics from New York State University in Albany and Central European University. His scientific interest lie in comparative economic policy and public economics. Contact:
[email protected] Abstract This article examines economic cooperation in different forms between Estonia and Finland. The economic growth patterns of two countries and comparison it with the EU level trends are treated. Foreign trade and foreign direct investment (FDI) are important tools of this economic cooperation and the article presents dynamics, structure and some important company level examples in these fields. The labor markets of Estonia and Finland are pooling together and the article presents trends and patterns of this phenomenon. The two countries participate also in wider EU level economic integration with supported by joint investments into large projects targeting development of infrastructure for transportation and logistics and electricity and gas.