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  • June 2013 (Revised March 2016)
  • Case
  • HBS Case Collection

Estonia: Transition, EU Membership, and the Euro

By: Michael E. Porter, Christian Ketels and Örjan Sölvell
  • Format:Print
  • | Language:English
  • | Pages:21
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Abstract

The case discusses the economic development of Estonia, covering specifically the period from regaining independence from the Soviet Union in 1991 until 2015. It tracks the process from the initial transition towards a market economy to becoming an EU member country, including the 2007 crisis and the government’s response to it. The overall performance of the economy, the profile of its key clusters, and the quality of its business environment in 2015 are discussed. The case provides the background for an analysis of policy reforms in a transition economy, the role of legacy and geographical neighborhood for economic development, the implications of EU membership for a EU member country, and the relationship between microeconomic reforms and macroeconomic crisis.

Keywords

Economy; Macroeconomics; Microeconomics; Policy; Government and Politics; Organizational Change and Adaptation; Strategy; Estonia

Citation

Porter, Michael E., Christian Ketels, and Örjan Sölvell. "Estonia: Transition, EU Membership, and the Euro." Harvard Business School Case 713-479, June 2013. (Revised March 2016.)
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About The Author

Michael E. Porter

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Related Work

    • June 2013 (Revised March 2016)
    • Faculty Research

    Estonia: Transition, EU Membership, and the Euro

    By: Michael E. Porter, Christian Ketels and Örjan Sölvell
Related Work
  • Estonia: Transition, EU Membership, and the Euro By: Michael E. Porter, Christian Ketels and Örjan Sölvell
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