Microfoundations of Economic Success: Lessons from Estonia - Image 1

£86.83

Edward Elgar Publishing Microfoundations of Economic Success: Lessons from Estonia

Name: Microfoundations of Economic Success: Lessons from Estonia
Brand: Edward Elgar Publishing
Price: 86.83 GBP
Availability: InStock

Economic Conditions

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£87 today · all-time low £85 (Aug 2026) · usually £87

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Description

This book explores the nature of the flexibility of Estonia's rapid growth, that enables it to swiftly seize opportunities and weather crises without undue cost. The distinguished cast of contributors draws upon detailed data on individual firms and households to explore the basis for Estonia's record as the most successful of all the EU accession countries over the last decade. They conclude that much of this accomplishment can be attributed to the greater flexibility of the Estonian economy, both in price setting in employment and wages, and in consumption. The book also reveals that Estonia is able to adjust to shocks more rapidly and with less real impact than other countries. Coupled with a favourable macroeconomic policy and a good institutional structure and legal framework, this indicates that Estonia will be an excellent example to other countries despite the recent downturn. This unique book will be of great interest to researchers and students of the economics of transition, and will prove invaluable to policy-makers and their advisors in both transition countries and the rest of the EU, as well as graduate students studying microeconomics and monetary policy.

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1847209297
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 30 April 2009
Listed Since: 20 January 2009

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Edward Elgar Publishing Microfoundations of Economic Success: Lessons from Estonia

About as cheap as it gets. The only time it was cheaper was 1 month ago.

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