Business Development on the Peripheral Island Areas of the Western Europe (case of Aland and Faroe Islands)

Authors

Abstract

The article is devoted to details of making business on Åland and Faroe Islands. The author shows that the historical path of regional economic development, as well as the scale and the specialization of business activities have a signifi cant impact on the companies’ operation. The analysis of external factors of the areas’ development is given by taking into account the availability of external assistance, particularly from the EU.

Keywords:

Northern Europe, Åland Islands, Faroe Islands, peripheral island areas, European Union, Regional Policy of European Union

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Author Biography

Елена Глебовна Ефимова, St. Petersburg State University, 7–9, Universitetskaya nab., St. Petersburg, 199034, Russian Federation

доктор экономических наук, профессор

References

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Translation of references in Russian into English

Published

2012-09-28

How to Cite

Ефимова, Е. Г. (2012). Business Development on the Peripheral Island Areas of the Western Europe (case of Aland and Faroe Islands). St Petersburg University Journal of Economic Studies, (3), 082–094. Retrieved from https://economicsjournal.spbu.ru/article/view/2562

Issue

Section

Global economy

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