EASTERN EUROPE ECONOMY WATCH BLOG/ Another in-depth analysis from economist Edward Hugh...with charts and graphs galore.
"...the Estonian case is a complex one, since in a country with only just over a million people a myriad of special case factors can be at work, confounding results. But still, the idea is abroad that Estonia is a kind of "black swan", a data point which tends to suggest that conventional macro economic wisdom is somehow flawed. So just how valid is this view. Let's take a look at some data."
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