Postimees - Estonia | Friday, June 12, 2009
Estonia missing the crisis boat
Times of crisis often give birth to particularly creative ideas, the daily Postimees writes, bemoaning the fact that this is hardly the case in Estonia: "Many economists and politicians see the global crisis as proof that we're all living in the same village. Nevertheless the ways of dealing with the crisis vary widely from country to country. ... Cities and financial centres like Hamburg, Dubai, Shanghai and Mumbai have started to form alliances and economic associations similar to the Hanseatic League in the Middle Ages. Tallinn had the chance of making use of its tremendous geographic location, and Scandinavia is considered one of the most innovative regions in the world. But instead Estonia is falling further and further behind in competition rankings, as a recent Eurobarometer study has shown. When two Estonians get into an argument there are always three opinions being hashed out. Why can't we finally establish some order here and make our small state more flexible?"
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