Finnish Economic Sustainability in the European Union

Abstract

The work focuses on Finnish economic sustainability in European Union. The main points the work is aiming to bring across, is how Finnish economy is effected by various legislations and policies of the European Union as well as are these policies and legislations sustainable in the Finnish political and economic system. The work aims to bring different views of self-sustainability as well as bring across the point of importance in strategic sustainability and self-sufficiency in economy. Examination of viability of the uniform European Union policies as well as implementation of all in one legislations and regulations are discussed and their viability criticized in relevancy to smaller countries such as Finland. The paper aims to deliver an argument about the downside of Finnish union membership and the viability of economic, legislative and politic independency of Finland, in order to retain economic sustainability. The role of large multinational corporations and the modern neoliberal market view is taken in large consideration and its effects of Finnish economy along with the place of Finland in the Economic Union. Shift of industry to service based from agricultural and manufacturing based is looked into as well, along with the importance of balanced industrial structure for sustainability. The effects of this trends and the outsourcing of Finnish companies and tax planning is taken in account when examining the sustainability aspect.