reply to post by Misoir
Estonia's market system is indifferent from many of it's neighbours. Out of 28 European nations it ranked within the bottom top 5 last year, in
addition to the fact that it held one of the highest unemployement rates following the financial crises. Estonia's unemployement is around 14%,
compared to Lithuania's 12.6%, Latvia's 13.6%.
Estonia holds the highest GDP to it's neighbours, true. For example, the GDP for Estonia is $19, ahead of Lithuania's $15,000, and Latvia's
$12,000. It's higher, but not significant in my opinion.
Growth is a signficant factor.
Lavia is 1.1% growth
Estonia is 3.3%
Estonia is doing good, but not incredibly good, and they've held the flat tax system since the 80's apparently. Their neighbours have not been so
indifferent, and in many cases Estonia comes last to one or both it's neighbours as other times it comes ontop. As for whether Estonia is a true free
market, well no, it's not, it's hybridized healthcare system should be a good example of this, among others. We are yet to see true success in a
free market system, and we are yet to see a functioning free market. One has never been successfully implemented in modern times.... You can go back
to the 19th century though.