Keyword: «socio-cultural economy»

Despite the long history of good-neighborliness and cross-border cooperation between Russia and Finland, the Ukrainian crisis has led to a chill in bilateral relations. Searching for ways to activate cross-border cooperation, the author of the article proposes to pay attention to socio-cultural factors, which have recently become the subject of economic analysis. The article examines the socio-cultural profiles of Russia and Finland according to the methods of G. Hofstede and the World Study of Values, analyzes their similarities and differences. The obtained estimates of cultural differences can become a starting point for further empirical research of informal institutions.