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The Economy at a Turning-Point

Published online by Cambridge University Press:  20 November 2018

Teet Rajasalu
Teet Rajasalu*
Affiliation:
Institute of Economics, Estonian Academy of Sciences
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Extract

General Features of Economic Development.

There are two parallel processes taking place in the Estonian economy. First, the transition from a centrally planned economy to a market economy. Secondly, the shift from external relations that are Eastern oriented to relations that are Western oriented. Both processes accelerated after the introduction of the national currency—the kroon (abbreviation EEK)—on June 20, 1992.

Type
Part I: Estonia's Path to Identity and Independence
Information
Nationalities Papers , Volume 23 , Issue 1 , March 1995 , pp. 85 - 102
Copyright
Copyright © 1995 Association for the Study of Nationalities of Eastern Europe and ex-USSR 

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References

Notes

1. Majandusülevaade 1993–1994 (Economic Survey, 1993–1994) (Tallinn: Ministry of Economics, 1993), p. 71.Google Scholar

2. Konjuktuur (Conjucture), No. 4 (107), December 1993.Google Scholar

3. Rahva Hääl (Peoplěs Voice), 1 November 1993.Google Scholar

4. Rahva Hääl (Peoplěs Voice), 27 January 1993.Google Scholar

5. Rahva Hääl (Peoplěs Voice), 28 January 1993.Google Scholar