Estonia

By Federal Trade Commission

Book Id: WPLBN0000665836
Format Type: PDF eBook:
File Size: 0.1 MB
Reproduction Date: 2005

Title:	Estonia
Author:	Federal Trade Commission
Volume:
Language:	English
Subject:	Trade, Import and export controls, Export controls--United States
Collections:	Economics Publications Collection, Export and Trade Collection
Historic Publication Date:
Publisher:	Federal Trade Commissionn (Ftc)


Citation APA MLA Chicago Trade Commission, B. F. (n.d.). Estonia. Retrieved from https://self.gutenberg.org/

Description
Export and Trade Government Reference Document:

Excerpt
Excerpt: Estonia is the northernmost of the three Baltic states and is bordered by the Baltic Sea, the Gulf of Finland, Latvia, and Russia. Since regaining its independence in 1991, Estonia has become one of Europe?s most progressive and open economies. This country of 1.4 million people within the last 11 years has created a sound legal structure and favorable environment to attract foreign investment, become a leader throughout Europe in IT innovation and penetration, and placed itself at the forefront of EU enlargement in 2004. By no means are these small feats, and Estonia?s progress is illustrated by its economic growth. Over the last five years, the Estonian economy has steadily grown. Despite the global economic slowdown in 2001, Estonia?s GDP grew by a total of 5.4 percent. In the second quarter of 2002, GDP growth jumped 6.5 percent, which was well above projections. Although the global economic slowdown is expected to continue, the medium- and long-term outlook for Estonia remains promising.