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Deficiencies in the development of an Estonian welfare state

Author

Listed:
  • Schrader, Klaus
  • Laaser, Claus-Friedrich
  • Reiljan, Janno

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.

Suggested Citation

  • Schrader, Klaus & Laaser, Claus-Friedrich & Reiljan, Janno, 2014. "Deficiencies in the development of an Estonian welfare state," Kiel Working Papers 1944, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:1944
    as

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    References listed on IDEAS

    as
    1. Urmas Sepp & Raoul Lättemäe & Martti Randveer, 2002. "The History and Sustainability of the CBA in Estonia," Macroeconomics 0212002, University Library of Munich, Germany.
    2. Schrader, Klaus & Laaser, Claus-Friedrich, 1994. "Die baltischen Staaten auf dem Weg nach Europa: Lehren aus der Süderweiterung der EG," Open Access Publications from Kiel Institute for the World Economy 819, Kiel Institute for the World Economy (IfW Kiel).
    3. Heitger, Bernhard & Schrader, Klaus & Bode, Eckhardt, 1992. "Die mittel- und osteuropäischen Länder als Unternehmensstandort," Open Access Publications from Kiel Institute for the World Economy 760, Kiel Institute for the World Economy (IfW Kiel).
    4. Schrader, Klaus & Laaser, Claus-Friedrich, 2010. "Tiger oder Bettvorleger? Die baltischen Staaten nach der Krise," Kiel Discussion Papers 485, Kiel Institute for the World Economy (IfW Kiel).
    5. Holger C. Wolf & Atish R. Ghosh & Helge Berger & Anne-Marie Gulde, 2008. "Currency Boards in Retrospect and Prospect," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262232650, December.
    6. Francesco Paolo Mongelli, 2008. "European Economic and Monetary Integration, and the Optimum Currency Area Theory," European Economy - Economic Papers 2008 - 2015 302, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    7. Klodt, Henning, 1987. "Wettlauf um die Zukunft: Technologiepolitik im internationalen Vergleich," Open Access Publications from Kiel Institute for the World Economy 372, Kiel Institute for the World Economy (IfW Kiel).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    catching-up; social security; growth and structural change;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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