Policy Article
Estonia: Got Stuck in Catching-up? (original publication German only)
Universität Tartu (Hrsg.), Estnische Gespräche über Wirtschaftspolitik. Berlin und Tallinn.
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Related Topics
Welfare State
Innovation and Structural Change
Growth
European Union & Euro
Economic & Financial Crises
Europe
Although Estonia successfully transformed its Soviet type economy into a functioning market economy, serious problems remained. The authors put their focus on Estonia’s underfunded social security system which mirrors the country’s sluggish catching-up process. They analyze how Estonia got stuck in catching-up and sketch what has to be done to advance Estonian growth and thereby to create a wider scope for the further development of social security in Estonia.
