The Impact of the Macroeconomic Situation on the Labour Market in the Baltic States in 2000–2016

This chapter focuses on refugees in the region that later became the Baltic States and that in the Russian Empire formed the Baltic provinces and parts of Russia’s northwest. It addresses how the refugee crisis was perceived by diverse groups including Russian officials, Baltic Germans, Jews, local peasants, and the emerging national elites, and considers the impact of ethnic belonging on the treatment of refugees and the changes in ethnic policies over the course of the war and the first years of independent statehood. It examines how refugees were resettled against the background of state-building and continuing warfare. Lastly it points out that repatriation was not merely a reaction to expulsions, but a policy with its own strategic purpose, with aims that went far beyond a return to the status quo ante 1914.

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Will MiFID II tame the investment services industry of the Baltic Tigers?

Qualitative Research in Financial Markets ◽

10.1108/qrfm-12-2018-0141 ◽

2019 ◽

Vol 12 (3) ◽

pp. 315-331 ◽

Cited By ~ 1

Author(s):

Maik Huettinger ◽

Agnė Krašauskaitė

Keyword(s):

Qualitative Approach ◽

University Education ◽

Barriers To Entry ◽

Baltic States ◽

Content Type ◽

Investment Companies ◽

Or Economics ◽

Investment Experience ◽

The Baltic ◽

The Impact

Purpose The purpose of this paper is to assess the impact of the markets in financial instruments directive II (MiFID II) on investment services in the Baltic states. Design/methodology/approach The authors take an exploratory, qualitative approach, based on data conducted from interviews with nine investment industry professionals using the laddering technique. The pool of experts was selected using the purposeful sampling method, and experts must have had a minimum of five years investment experience in the Baltics, working familiarity with MiFID II, and a university education in the fields of finance or economics. Findings The strict requirements of MiFID II reduce the range of available investment products and services for customers in the Baltics. Also, the profitability of Baltic investment companies decreased due to high compliance costs and bans on inducements. The results indicate that this may lead to increased barriers to entry and mergers and acquisitions for small investment companies. Originality/value To the best of the authors’ knowledge, this is the first attempt to research the implications of MiFID II implementation in the Baltic states. The qualitative approach chosen offers a unique opportunity to highlight the critical effects of MiFID II on financial intermediates in smaller geographical markets.

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Prospects for the UK Cooperation with the Scandinavian-Baltic States after Brexit

Journal of International Analytics ◽

10.46272/2587-8476-2019-0-4-40-49 ◽

2019 ◽

pp. 40-49

Author(s):

V. V. Vorotnikov

Keyword(s):

Political Institutions ◽

Negative Impact ◽

Small Scale ◽

International Affairs ◽

Baltic States ◽

Baltic Countries ◽

The Baltic ◽

The Uk ◽

Defense Cooperation ◽

The Impact

The article is devoted to analyzing various aspects of the impact of Brexit consequences on the states of the Scandinavian-Baltic region and the prospects for relations with them. It is noted that Brexit may lead to a slowdown in the economic growth of the countries of the region, but it will not be significant. At the same time, given the small scale of the economies and their dependence on the external economic situation, the Baltic countries will experience a relatively greater negative impact than the highly developed innovative economies of the Nordic states. Revision of the priorities for the EU funding will also lead to a decrease in subsidies within the framework of the cohesion policy and the implementation of infrastructure projects, which can be painful for the economies of the Baltic states. A change in the direction of migration flows from these countries is also highly likely. As for security and defense cooperation, changes are unlikely here, since the UK has repeatedly reaffirmed its commitment to the principles of collective defense within NATO. However, a reduction in the number of channels of interaction and coordination of positions in international affairs (as a natural consequence of withdrawal from EU political institutions) is likely to intensify UK participation in other formats of regional political and defense cooperation (NB+1, JEF, NORDEFCO, etc.).

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