IDEAs has been established
with the purpose of building a pluralist network
of heterodox economists engaged in the teaching,
research and application of critical analyses of
economic development.
Important !
Materials in this website are published
without profit and provided to those who have
expressed a prior interest in receiving this
information for research and educational purposes.
Austerity That Never Was? The Baltic States and the Crisis
Rainer Kattel & Ringa Raudla
The commonly held impression is that austerity measures have worked successfully in the Baltic economies of Estonia, Latvia, and Lithuania. Debunking this belief, it is argued in this Policy Note that the recent Baltic recovery has unique features that do not relate to domestic austerity policies, nor are they replicable elsewhere.
Monday 11 June, 2012
This Document is in Adobe
Acrobat format and would
need a PDF reader to
view it.
