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BE OPEN!

BE OPEN!. Story of Estonian miracle MART LAAR. THIS COUNTRY IS CALLED ESTONIA. On the border of East and West. 20.08.1991. The reality in 1992. Estonia 1992. INFLATION – 1000% ECONOMY – FALLING 30% UNEMPLOYMENT PROGNOSES – 30% DEPENDENCE FROM RUSSIA – 92% FROM TRADE FOOD RATIONED

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BE OPEN!

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  1. BE OPEN! Story of Estonian miracle MART LAAR

  2. THIS COUNTRY IS CALLED ESTONIA

  3. On the border of East and West

  4. 20.08.1991

  5. The reality in 1992

  6. Estonia 1992 • INFLATION – 1000% • ECONOMY – FALLING 30% • UNEMPLOYMENT PROGNOSES – 30% • DEPENDENCE FROM RUSSIA – 92% FROM TRADE • FOOD RATIONED • HIGH INEQUALITY AND POVERTY

  7. WE MUST AIM HIGH!

  8. THE MODEL OF SUCCESS • MONETARY REFORM • THE RULE OF LAW • LIBERALIZATION • PRIVATIZATION • THE TAX REVOLUTION – FLAT RATE PROPORTIONAL INCOME TAX

  9. NO AID, MORE TRADE!

  10. BE OPEN! • ABOLISH CUSTOM TARIFFS • FREE TRADE AGREEMENTS WITH NORDIC COUNTRIES • FREE TRADE BETWEEN THE BALTIC COUNTRIES • FREE TRADE TREATY WITH EU

  11. Estonia today

  12. Index of economic freedom

  13. ESTONIA 2007 • FAST GROWTH – 11% IN 2006 • FAST GROWTH OF EXPORT • LOW UNEMPLOYMENT • BALANCED BUDGET • FOREIGN INVESTMENTS

  14. GDP PER CAPITA IN PPP

  15. HIGHER SOCIAL SECURITY

  16. Just do it!

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