Estonia, the Little Country That Could | Richard W. Rahn | Cato Institute: Commentary

Estonia, the Little Country That Could | Richard W. Rahn | Cato Institute: Commentary: "By 1987, it is estimated that the Finns were seven times richer per capita than the Estonians. But as a result of undertaking the most radical free-market reforms of any of the transition countries, the Estonians have been gaining on their Finnish neighbors, who also have continued to do well, and now have about two-thirds of the per capita income of the average Finn."