Estonia, the New EU Economy

by Hannula, Helena; Radosevic, Slavo; Tunzelmann, Nick Von

• ISBN13: 9780754645610
• ISBN10: 0754645614
• Format: Hardcover
• Copyright: 2006-04-30
• Publisher: Ashgate Pub Co

Summary

Estonia is regarded by many as one of the most hopeful cases for the integration of Eastern Europe into the enlarged European Union. It provides positive examples of how the integration process can be well handled, but at the same time some of the contentious issues that can arise. This book assesses the tensions involved in the development of the Estonian economy in terms of growth, convergence, financial development, labour reallocation, structural and organizational change, and the role of foreign companies and international networks. The analysis of Estonia is placed within a broader context and among a wider set of nations and thus aims at understanding the potential for growth and structural change in the eastern part of the enlarged EU. In these and related fields, the book seeks to draw lessons from Estonia for other new (and indeed future) EU accession countries.

Table of Contents

List of Figures	vii
List of Tables	xi
List of Annexes	xv
List of Contributors	xvii
Acknowledgements	xix
Part 1 Introduction
Introduction: Central and Eastern Europe Countries and EU Accession	3	(16)
Nick von Tunzelmann
Helena Hannula
Slavo Radosevic
Part 2 Country Assessments -- Growth and Financial Developments
An Analysis of the Convergence Process in the Transition Countries	19	(28)
Urmas Varblane
Priit Vahter
Sustainability of the Estonian Macroeconomic Performance in the Light of the EMU Membership	47	(30)
Katrin Olenko
Financial Constraints in Investment: Panel Data Results from Estonia, 1995--1999	77	(28)
Tomasz Mickiewicz
Kate Bishop
Urmas Varblane
Part 3 Structural and Organizational Changes
Job Creation and Job Destruction in Estonia: Labour Reallocation and Structural Changes	105	(38)
Jaan Masso
Raul Eamets
Kaia Philips
Sources of Innovation in the Estonian Forest and Wood Cluster	143	(26)
Kadri Ukrainski
Urmas Varblane
Interactions of Cultural Elements: Estonian Organizations in the Pan-Baltic Mirror	169	(20)
Rebekka Vedina
Maaja Vadi
Elina Tolmats
Estonian Organizations -- The Subjects for Transformation	189	(20)
Maaja Vadi
Harry Roots
Part 4 Internationalization and International Networks
The Role of Foreign Ownership in the Internationalization of Estonian Enterprises: A Case Study	209	(20)
Tiia Vissak
Reasons for De-internationalization: An Analysis of Estonian Manufacturing Companies	229	(29)
Ele Reiljan
Foreign Subsidiary Autonomy and Performance in Five Central and East European Countries	258	(27)
Katrin Mannik
Helena Hannula
Urmas Varblane
The Impact of Emerging International Networks on the Strategic Autonomy of Foreign-Owned Estonian Companies	285	(34)
Tonu Roolaht
Part 5 Conclusion
Conclusions -- From the European Periphery to the Core?	319	(8)
Slavo Radosevic
Nick von Tunzelmann
Bibliography	327	(31)
Index	358