Estonia's economic model World triumph continues
- From: "Estland" <Raul.Nugis@xxxxxxxxx>
- Date: 12 Dec 2005 12:11:15 -0800
The title used is somewhat provocative. The New York Times just credits
Estonia for being the first World country applying the so-called "flat
tax", which is hailed by the big business' sharks from the Wall Street.
See http://www.nytimes.com/2005/12/11/magazine/11ideas_section4-17.html
.. Facts such like this contradict the claims made in the same Google
group recently that Estonia did not have any special economic model -
"haven't seen, therefore does not exist" - but just "got lucky" to have
finns and stuff ("30% of GDP from transit", "unreal" GDP with wrong
"G-point" etc - low quality propaganda stuff directly from the envious
Kremlin).
Despite this I'd still say that partly, this - luckyness based on our
geography - is nevertheless true. We own great deal of whatever good
speed of development we have had to the Finns and Swedes. Though in
different way than claimed. But again, without intentional offence -
most of the claims intended to explain "incidental" success of Estonia
do rarely qualify. Perhaps it may sound surprising, but in fact Estonia
has had "official economic model" for a number of years. It had been
posted at analitic section of the ministry of finance at that time -
with all formulas and stuff. The scientifically developed economic
model Estonia had been using in the 90s was "small, open economy",
which in practice meant maximum transparency in the key aspects of the
governement responsibilities, especially in taxation. I would not go as
far as saying that this model was the key of success at that time,
though I am pretty close to it. But claiming absence of any special
economic model used by our country is entirelly false. Google it.
.
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