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The second economy in the Estonian SSR: small-scale speculation and black market profiteering

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  • Merlin Tiit

Abstract

The article provides insight into one of the most prevalent forms of the second economy in the Estonian SSR – small-scale speculation and black market profiteering – through the results of narrative research conducted among a small group of speculators who were involved in the smuggling of Western goods behind the Iron Curtain between the mid-1970s and late-1980s. The empirical material comprises five in-depth interviews that focus on various illegal and semi-illegal practices and strategies employed to establish and sustain the flow of contraband consumer items.

Suggested Citation

  • Merlin Tiit, 2024. "The second economy in the Estonian SSR: small-scale speculation and black market profiteering," Journal of Baltic Studies, Taylor & Francis Journals, vol. 55(1), pages 217-235, January.
  • Handle: RePEc:taf:rbalxx:v:55:y:2024:i:1:p:217-235
    DOI: 10.1080/01629778.2023.2179646
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