Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/100081
Authors: 
Schrader, Klaus
Laaser, Claus-Friedrich
Reiljan, Janno
Year of Publication: 
2014
Series/Report no.: 
Kiel Working Paper 1944
Abstract: 
Estonia is widely regarded as a paramount example for a successful transformation of a socialist economic system to a functioning market economy. Against the backdrop of this positive image which contrasts strongly with the crisis scenarios in Southern Europe the remaining problems of Estonia are often ignored. Estonia has hardly succeeded in catching-up economically with the richer countries of the euro area. Correspondingly, the level of social security is rather limited. In this paper the authors raise the question what the causes of the sluggish catching-up process are, and which opportunities Estonian economic policy has in order to close the wealth gap.
Subjects: 
catching-up
social security
growth and structural change
JEL: 
F43
H55
O52
Document Type: 
Working Paper

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