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The Baltic Republics

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  • Hans Aage

    (Institute of Economics, University of Copenhagen)

Abstract

The Baltic republics are intricately intertwined with the Soviet economy through trade, importing energy and raw materials, and through exporting products of light and food processing industries. They are among the most prosperous republics with trade deficits of 8-16% of NMP according to Soviet sources, but probably smaller, 4-8%. National independence programmes intend to establish democracy, market economy, immigration control and higher living standards. Rapid economic growth is not likely due to problems of competitiveness and resources. However, the decisive problems of independence are not related to the economy, but to minorities and to the USSR government.

Suggested Citation

  • Hans Aage, 1991. "The Baltic Republics," Discussion Papers 91-08, University of Copenhagen. Department of Economics.
    • Handle: RePEc:kud:kuiedp:9108
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