By Lee Miles
The ecu neighborhood and the Nordic nations offers a thematic review of the political and fiscal relationships among the eu group and the Nordic nations considering 1958. Lee Miles hyperlinks jointly the heritage of EC-Nordic family members and the explanations for the switch in Nordic governmental, get together and public attitudes in the direction of the EC, culminating with an research of Nordic accession to the group. It comprises significant new contributions from prime lecturers from either EC international locations and the Scandinavian states and offers a very overseas research of EC-Nordic kinfolk.
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Extra resources for The European Union and the Nordic Countries
Example text
Initial Finnish inhibitions (arising from their relationship with the USSR) were overcome in the separate FINEFTA treaty of 1961. Iceland’s reluctance to share fishing grounds and her ongoing dispute with Britain over fishing rights initially kept her out of EFTA, but the need for new markets to complement the industrialisation programme, and depression in the fishing industry pushed her into membership in 1970. To its Nordic members EFTA was a more attractive proposition than the limited Scandinavian customs union because its wider membership included the large and important UK market, as well as Portugal’s traditional market for dried and salt cod.
3 bn) cost providing a useful boost to the Danish and Swedish economies (Brown-Humes 1995: 83). There are also Nordic financial institutions, such as the Nordic Fund for Technology and Industrial Development, the Culture Fund (established in 1976 and reviewed in 1991), and the Nordic Investment Bank (NIB), which finances collaborative private and/or public-sector ventures involving two or more Nordic countries. Projects need to be commercially viable and have included, for instance, Icelandic salmon-farmers working with Norwegian and Færoese partners, and the development of a Nordic telecommunications satellite.
Now the future develops from the 1989/92 Europeanisation, with its key concepts being political freedom, free markets and integration. Suddenly the sources of the future are found on the continent, not in the North. In the new and wider Europe, Northern Europe will find its place in a ‘Europe of the Regions’, and its region will centre on the Baltic. While Wæver’s case may be overstated, there is clearly a common concern on the part of the Nordic countries (except perhaps in Norway or Iceland) for the Baltic sea and for the ex-Soviet Baltic republics of Estonia, Latvia and Lithuania.