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Postimees - Estonia | Monday, July 24, 2006

The cost of Estonia's economic growth

The newspaper complains that although Estonia's economy is growing rapidly, the population is not prospering. "There's a simple explanation to why the economic growth is not translating into more money in people's pockets: the success of Estonian companies is based not on new business ideas, but on cheap labour. And now we're being told that (owing to worker migration) there's not enough manpower to continue developing Estonia's business sector. If people only have the choice between doing unskilled work for low wages here or doing the same work for more money elsewhere, you can't blame them for taking the second option."

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