| ID | 120668 |
| Title Proper | Baltic republics and the crisis of 2008-2011 |
| Language | ENG |
| Author | Kattel, Rainer ; Raudla, Ringa |
| Publication | 2013. |
| Summary / Abstract (Note) | This essay explores how the Baltic republics responded to the crisis of 2008-2011. We argue that while there are significant differences in how the Baltic economies responded to the crisis, these responses not only remain within the neo-liberal policy paradigm characteristic of the region from the early 1990s, but that the crisis radicalised Baltic economies and particularly their fiscal stance. We show that there are a number of unique features in all three Baltic republics' political economies that made such a radicalisation possible. However, these unique features make it almost impossible for the Baltic experience to be replicable anywhere else in Europe. |
| `In' analytical Note | Europe-Asia Studies Vol. 65, No.3; May 2013: p.426-449 |
| Journal Source | Europe-Asia Studies Vol. 65, No.3; May 2013: p.426-449 |
| Key Words | Baltic Republics ; Baltic Economies ; Europe ; Radicalisation |