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Structural Weaknesses As Barriers To Social Progress In Estonia

Author

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

Abstract

Although Estonia developed a functioning market economy, it has hardly succeeded in catching-up economically with the richer countries of the euro area. Correspondingly, the level of social security is still rather limited. To improve the income situation and enhance the social security systems it is essential to overcome the structural weaknesses of the Estonian economy, which is mirrored in the apparently low productivity level. The challenge for the Estonian policy is to create a suitable business environment to support the needed structural change.

Suggested Citation

  • Janno Reiljan & Claus-Friedrich Laaser & Klaus Schrader, 2014. "Structural Weaknesses As Barriers To Social Progress In Estonia," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 96, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    • Handle: RePEc:mtk:febawb:96
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    References listed on IDEAS

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    More about this item

    Keywords

    structural change; catching-up; social security and international competitiveness;
    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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