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Why has Viimsi become the wealthiest community in post-socialist Estonia?: Explaining one small community's success in a changing world

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  • Tomi Ovaska
  • Robert B. Anderson
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    Abstract

    Purpose – The purpose of this paper is to present a qualitative study of economic development attempts to uncover the critical factors behind the recent economic rise of Viimsi, Estonia, to that of the wealthiest community in the country. Design/methodology/approach – The roles of and interactions among various community stakeholder groups are explored through two sets of resident surveys. From these surveys, and a rich set of secondary material, a narrative emerges as to the factors behind Viimsi's success since 1991, when Estonia regained its independence from the former Soviet Union and its system of economic central planning. Findings – It was found that among the key components explaining why Viimsi has become the wealthiest community in Estonia are its extraordinary openness in embracing the market system, combined with a consensus-based plan among community stakeholders on balanced development, a dependable government, and a level of solidarity among fellow residents in facing change. Originality/value – This paper describes one small community's experience in the global world, and offers observations on successful strategies for a community navigating in it.

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    Bibliographic Info

    Article provided by Emerald Group Publishing in its journal International Journal of Development Issues.

    Volume (Year): 9 (2010)
    Issue (Month): 2 (July)
    Pages: 146-166

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    Handle: RePEc:eme:ijdipp:v:9:y:2010:i:2:p:146-166

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    Related research

    Keywords: Economic development; Entrepreneurialism; Estonia; Globalization; Market system;

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    1. William A. Brock & M. Scott Taylor, 2004. "Economic Growth and the Environment: A Review of Theory and Empirics," NBER Working Papers 10854, National Bureau of Economic Research, Inc.
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