Abstract
AbstractIn this chapter I argue that those looking for the times of an “economic miracle” on the eastern shores of the Baltic Sea are better advised to direct their sights upon the period of restored independence of the Baltic countries instead of the interwar years. Growth rates of the restored Baltic countries in 1989–2018 were much higher than in 1913–1938. In 1913–1938, Estonia’s economy grew at a rate of 0.79%, and under restoration at 1.99%. For Latvia, growth rates were 0.67% and 1.53%, for Lithuania—1.25% and 2.17% accordingly.
Publisher
Springer Nature Switzerland
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