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Baltic Rim Economies Expert Articles 2014 Edited by Elisa Edited by Elisa Aro Baltic Rim Economies Expert Articles 2014 Electronic Publications of Pan-European Institute 1/2015 ISSN 1795 - 5076 The Pan-European Institute publishes the Baltic Rim Economies (BRE) review which deals with the development of the Baltic Sea region. In the BRE review, public and corporate decision makers, representatives of Academia, as well as several other experts contribute to the discussion. Pan-European Institute ISSN 1795-5076 Editor-in-Chief | Kari Liuhto (responsible for writer invitations) Technical Editor | Elisa Aro University of Turku Turku School of Economics Pan-European Institute Rehtorinpellonkatu 3 FI-20500 TURKU, Finland Tel. +358 2 333 9567 www.utu.fi/pei Foreword The Pan-European Institute publishes Baltic Rim Economies review where the development of the Baltic Sea region is discussed by high level public and corporate decision makers, representatives of Academia, as well as several other experts. The review celebrates its 10th anniversary since its first launch 2004. Since the first publication al- most 2000 expert articles have been published. In 2014 a renewed design was introduced for the Baltic Rim Economies. Alongside the design, new features enabling faster browsing of the reviews were added. During the year 2014, 242 articles were published in six issues with the focus of various aspects of the development of the Baltic Sea region. Additionally, several of these issues handled a specific theme: a special issue on Belarus and Southwest Finland as well as a special issue on the future of the Arctic by guest editor Eini Laaksonen. In the future, the Baltic Rim Economies aims at bringing out current issues and prospects for the Baltic Sea region. In order to keep our readers involved in the development of the BSR, all the issues are accessible on www.utu.fi/pei. Finally, we would like to express our gratitude to all the distinguished writers for contributing to the Baltic Rim Economies review as well as to our partners for the successful co-operation in 2014: the City of Turku, the Baltic Development Forum, the John Nurminen Foundation, Finland’s national Baltic Sea region think-tank Centrum Balticum, the Turku Chamber of Commerce and the Ministry for Foreign Affairs of Finland. Turku, 20.8.2015 Kari Liuhto Elisa Aro Editor-in-Chief Technical Editor Baltic Rim Economies review Baltic Rim Economies review Pan-European Institute Pan-European Institute Pan-European Institute To receive a free copy please register at www.utu.fi/pei contents 1/2014 Štefan füle EU-Belarus – relations conditioned on respect for values and based on contacts with people....................................................................12 vladimir makei Belarus and Finland – forging a brighter future............................................................................................................................................13 Filip Kaczmarek EU-Belarus relations....................................................................................................................................................................................14 Evgeni Kirilov The EU’s Eastern Partnership and Belarus..................................................................................................................................................15 Qimiao Fan Belarus needs bold and comprehensive reforms to achieve sustainable growth.........................................................................................16 maira mora EU-Belarus – necessary partnership.............................................................................................................................................................17 Francis delaey Unleashing Belarus’ potential........................................................................................................................................................................18 Alexander Ostrovsky Eurasian integration – benefits for European businesses............................................................................................................................19 Sergey V. Ablameyko Belarusian-Finnish cooperation in education and science – case of BSU....................................................................................................20 Juha hämäläinen & juuso Viitikko Belarus – developing economy......................................................................................................................................................................21 Antti o.k. nieminen Kiilto Oy – first steps in the adhesives business in Belarus..........................................................................................................................22 topi paananen & Andrei Naumovich Peikko Group and Belarus...........................................................................................................................................................................23 Pavel Laschenko Business environment in Belarus today........................................................................................................................................................24 Halina Shmarlouskaya External economic potential of the Republic of Belarus – economic outlook...............................................................................................25 Irina Yeremeyeva EU-Belarus relations – threats and political opportunities............................................................................................................................27 Sierž Naūrodski & Uladzimir Valetka Securities market in Belarus – still undisclosed potential.............................................................................................................................29 Aleksei Bykov & Anna Zezulkina Measuring risks of regional development – case of Belarus........................................................................................................................30 Elena A. Dostanko Belarusian-Finnish relations.........................................................................................................................................................................31 Hanna smith Eurasian integration as a defining factor in Belarusian foreign policy..........................................................................................................32 uladzimir rouda The crisis of the Belarusian economic model...............................................................................................................................................33 dzmitry kruk Belarus – a chance to convert past mistakes into new advantages.............................................................................................................34 galina gavrilko Integration on the territory of the former Soviet Union – a search for an optimum model............................................................................35 Kari liuhto How the Finnish firms view the Belarus business environment?..................................................................................................................36 2/2014 Siim kallas Rail Baltic – a vital transport link to connect East and West........................................................................................................................37 Sigmundur Davíð Gunnlaugsson Together we stand stronger – the importance of regional co-operation.......................................................................................................38 Joachim Zeller Giving up Russia?........................................................................................................................................................................................39 Kristiina Ojuland EU-Russia relations – on the verge of breaking...........................................................................................................................................40 Carl Schlyter Time to focus on human growth instead of economic growth.......................................................................................................................41 Pan-European Institute To receive a free copy please register at www.utu.fi/pei Henrik Normann NIB – supporting sustainable growth in the Baltic Sea region......................................................................................................................42 Ari Korhonen A crucial time for Europe..............................................................................................................................................................................43 Anita Lehikoinen Strong internationalization safeguards quality of higher education..............................................................................................................44 Ilpo Kokkila Paving the way for more business with Russia............................................................................................................................................45 Alexander Y. Panychev High speed rail lines as a factor of development of science, innovative technologies and education..........................................................46 Mika Joukio Metsä Tissue seeking for strong growth in Poland.......................................................................................................................................48 Mikko Söderlund Finnish real estate investment vehicles in St. Petersburg............................................................................................................................49
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