REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

Socio-Economic Transformations in Estonia in the Post-Soviet Period: The Experience of Modernization Changes
Onatsky M. Y.

Onatsky, Maksym Yu. (2020) “Socio-Economic Transformations in Estonia in the Post-Soviet Period: The Experience of Modernization Changes.” Business Inform 12:72–81.
https://doi.org/10.32983/2222-4459-2020-12-72-81

Section: Foreign Experience

UDC 338.24.021.8+316.422](474.2)

Abstract:
The article considers the peculiarities of socio-economic transformation in Estonia in the post-Soviet period. The specifics of the transition to a market model of the economy in the country are highlighted. It is specified that the first steps towards market transformations were liberalization of both pricing policy and economic activity; introduction of a special regime of the credit and monetary policy – the currency council, which provided for the free exchange of national currency at a clearly fixed rate; reorganization of the mechanism of management of Estonia’s banking system. It was found out that the nature of market transformations that took place in the Republic of Estonia was largely determined by the country’s foreign policy course towards Euro-Atlantic integration. The author discloses peculiarities of the privatization process in Estonia, the main difference of which was its clear legislative regulation, which helped to avoid numerous financial pyramids and voucher auctions, as it was in other countries of the post-Soviet space. The specifics of socio-economic development of the Republic of Estonia after accession to the European Union and NATO are shown. Tax reform as an important component of creating a favorable investment and business climate in the country is analyzed. The process of modernization of the Estonian energy sector from the point of view of ensuring energy independence and improving the energy efficiency of the State economy has been studied. This was possible due to the implementation of the program of modernization of the energy sector, one of the components of which was the widespread introduction of energy-saving technologies, including the use of alternative energy sources. It has been proven that the implementation of market transformations in accordance with European requirements has accelerated the process of Estonia’s integration into the EU and NATO, as well as strengthened the country’s ties with its Western partners.

Keywords: socio-economic transformation, market transformations, privatization, tax reform, modernization.

Bibl.: 30.

Onatsky Maksym Yu. – Candidate of Sciences (History), Associate Professor, Department of Travel Business and Regional Studies, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

List of references in article

Anosova, L., and Shagalov, G. “Valyutnyy sovet i rynochnyye preobrazovaniya v Estonii“ [Currency Board and Market Transformations in Estonia]. Sotsionet. December, 2007. http://www.ipr-ras.ru/articles/shagalov07-2.pdf
Vayngort, V. L. “Faktory formirovaniya i rosta chislennosti prekariata v Estonii posle ee vstupleniya v Yevrosoyuz : doklad na Sankt-Peterburgskom mezhdunarodnom forume truda (Sankt-Peterburg, 15-17 marta 2017 g.)“ [Factors of the Formation and Growth of the Precarious Population in Estonia after Its Accession to the European Union: Report at the St. Petersburg International Labor Forum (St. Petersburg, March 15-17, 2017.)]. http://www.kardis.ee/pub/vaingort-pub-ffrchpepve-2017.pdf
“Vetrogeneratory Estonii byut rekordy proizvoditelnosti“ [Estonian Wind Turbines are Breaking Performance Records]. Sputnik. Novosti Estonii. March 13, 2019. https://ee.sputniknews.ru/estonian_news/20190313/15389182/Vetrogenerator-Estonia-rekord-proizvoditeljnostj.html
“Vetrogeneratory Estonii rezko narastili svoyu vyrabotku“ [Estonian Wind Generators Have Dramatically Increased Their Output]. Sputnik. Novosti Estonii. January 08, 2018. https://ee.sputniknews.ru/economy/20180108/8740402/vetrogeneratory-estonija-rezko-narastili-svoju-vyrabotku.html
Volodkin, A. A. Integratsiya Latvii, Litvy i Estonii v ES i NATO (1991-2014 gg.) [Integration of Latvia, Lithuania and Estonia into the EU and NATO (1991-2014)]. Minsk: Belaruskaya navuka, 2016.
Gavrilishin, O., and MakGettigen, D. “Privatizatsiya v stranakh s perekhodnoy ekonomikoy: vyborochnyy obzor literatury“ [Privatization in Transition Economies: A Selective Literature Review]. http://www.research.by/webroot/delivery/files/ecowest/2000n3r07.pdf
Haitan, V. V. “Strukturna modernizatsiia ekonomichnoho ta sotsialnoho potentsialu postradianskoho prostoru“ [Structural Modernization of Economic and Social Potential of the Post-Soviet Space]. Aktualni problemy polityky. 2015. http://app.nuoua.od.ua/archive/54_2015/17.pdf
Grabchak, M. “Estonskaya model naloga na pribyl i yee perspektivy v Ukraine“ [Estonian Model of Income Tax and Its Prospects in Ukraine]. September 21, 2017. https://icf.ua/blog/view/estonskaya-model-naloga-na-pribyl-i-ee-perspektivy-v-ukraine
Gurinskiy, G. L. “Politicheskiye faktory modernizatsii sotsialno-ekonomicheskoy sfery sovremennoy Estonii“ [Political Factors of Modernization of the Socio-Economic Sphere of Contemporay Estonia]. Izvestiya Rossiyskogo gosudarstvennogo pedagogicheskogo universiteta imeni A. I. Gertsena. 2011. https://lib.herzen.spb.ru/text/gurinsky_140_169_179.pdf
Dobrovolskiy, O. “Nalog na vyvedennyy kapital: za i protiv“ [Exit Capital Tax: Pros and Cons]. Vestnik MSFO. 2018. https://msfz.ligazakon.ua/magazine_article/FZ001491
Zelenkevych, M. “Osobennosty denezhno-kredytnoi polytyky v perekhodnykh ekonomykakh“ [Features of Monetary Policy in Transition Economies]. Bankauski vesnik, krasavik. 2002. https://www.nbrb.by/bv/articles/358.pdf
Ivanov, V. “Energiya musora, vetra i solntsa“ [Energy of Garbage, Wind and Sun]. Ekspert Severo-Zapad. 2013. https://expert.ru/northwest/2013/38/energiya-musora-vetra-i-solntsa
Martsinkevich, B. “Energeticheskaya voyna: Estoniya. Bolshoy fenomen malenkogo gosudarstva“ [Energy War: Estonia. Big Phenomenon of a Small State]. Regnum. October 10, 2018. https://regnum.ru/news/economy/2498362.html
Mertsina, T. “Vliyaniye Yevropeyskogo Soyuza na ekonomiku Estonii za 15 let uvelichilos“ [The Influence of the European Union on the Estonian Economy Has Increased over 15 Years]. Kukkur. Blog Swedbank. May 01, 2019. https://kukkur.swedbank.ee/ru/analizy/euroopa-liidu-moju-eesti-majandusele-on-15-aastaga-suurenenud
“Musor protiv slantsa: stalo izvestno, gde samaya deshevaya teploenergiya Estonii“ [Garbage Against Oil Shale: It Became Known Where the Cheapest Heat Energy in Estonia Is]. Sputnik. Novosti Estonii. May 17, 2018. https://ee.sputniknews.ru/economy/20180517/10704730/musor-slanets-deshovaja-teploenergia-estonia.html
“Nalogooblozheniye v Estonii“ [Taxation in Estonia]. https://offshors.cliff.ru/list/est/nalogooblozhenie-v-estonii/
Palm, T. “Estoniya: ekonomika na raspute“ [Estonia: Economy at a Crossroads]. March 19, 2019. https://www.luminor.ee/ru/novosti/estoniya-ekonomika-na-raspute
Radygin, A. D. “Rossiyskaya privatizatsiya: natsionalnaya tragediya ili institutsionalnaya baza postsovetskikh reform?“ [Russian Privatization: A National Tragedy or an Institutional Framework for Post-Soviet Reforms?]. Mir Rossii. Sotsiologiya. Etnologiya. 1998. http://ecsocman.hse.ru/data/2012/01/31/1269085487/3-32.pdf
Samayeva, Yu. “Kiyevu sleduyet obratit vnimaniye ne tolko na estonskuyu model nalogooblozheniya“ [Kyiv Should Pay Attention not Only to the Estonian Model of Taxation]. ZN,UA. January 31, 2018. https://zn.ua/macrolevel/estonskiy-pryanik-273379_.html
Sydoruk, M. “Osoblyvosti intehratsii derzhav Baltii do YeS“ [The Features of Integration of the Baltic States to the EU]. Naukovi zapysky [Natsionalnoho universytetu «Ostrozka akademiia»]. Seriia «Mizhnarodni vidnosyny». 2010. https://eprints.oa.edu.ua/616/1/9.pdf
Teplov, A. M. “Osobennosti protekaniya krizisa v stranakh Baltii“ [Features of Crisis Passing in the Baltic States]. Izvestiya Sankt-Peterburgskogo gosudarstvennogo ekonomicheskogo universiteta. 2009. https://cyberleninka.ru/article/n/osobennosti-protekaniya-krizisa-v-stranah-baltii
Tooman, A. “V Estonii proizveli 17% elektroenergii iz vozobnovlyayemykh istochnikov“ [Estonia Produced 17% of Electricity from Renewable Sources]. January 22, 2019. https://rus.err.ee/902732/v-jestonii-proizveli-17-jelektrojenergii-iz-vozobnovljaemyh-istochnikov
Trehub, H. “Estonskyi zdorovyi hluzd: posol Estonii v Ukraini Lauri Lepik pro shliakh svoiei krainy do Yevrosoiuzu“ [Estonian Common Sense: Estonian Ambassador to Ukraine Lauri Lepik on Her Country's Path to the European Union]. Ukrainskyi tyzhden. 2012. https://tyzhden.ua/World/43799
Trokhymchuk, D. “Osoblyvosti sotsialno-ekonomichnoho rozvytku krain Prybaltyky pislia vstupu do YeS“ [Features of Socio-economic Development of the Baltic Countries After Accession to the EU]. Zbalansuvannia ekonomichnoho rozvytku krain-chleniv YeS. Lviv, 2017. 2-5.
Rayt, Kh. “Umnyye doma: novaya zhizn estonskikh khrushchevok“ [Smart Homes: A New Life for Estonian Khrushchev Homes]. Deutsche Welle. July 31, 2019. https://www.dw.com/ru/умные-дома-новая-жизнь-эстонских-хрущевок/a-49789076
Tsibulina, A. N. “Estoniya: neozhidanno dolgiy put v zonu yevro“ [Estonia: An Unexpectedly Long Way to the Euro Area]. Vestnik MGIMO-Universiteta. 2011. https://vestnik.mgimo.ru/jour/article/view/2403/1944
Elmurzayev, A. “Privatizatsiya v Rossii i za rubezhom: sravnitelnyy analiz“ [Privatization in Russia and Abroad: A Comparative Analysis]. http://www.mirkin.ru/_docs/_dumnaya/dis/disElmurzaev.pdf
“Estoniya: obzor rynka nedvizhimosti za posledniye 10 let“ [Estonia: Overview of the Real Estate Market Over the Past 10 Years]. November 25, 2009. https://www.gdeetotdom.ru/articles/1815218-2009-11-25-estoniya-obzor-ryinka-nedvizhimosti-za-poslednie-let/
Yudanov, Yu. “Baltiyskiy region: osobennosti formirovaniya blagopriyatnogo klimata dlya pryamykh inostrannykh investitsiy“ [Baltic Region: Features of the Formation of a Favorable Climate for Foreign Direct Investment]. Mirovaya ekonomika i mezhdunarodnyye otnosheniya, no. 12 (2002): 58-67.
Yulegin, B. “Estoniya. Vzglyad so storony“ [Estonia. View from the Outside]. Tver : Red, 2008. https://authors.tverlib.ru/sites/default/files/text/julegin/estonia.pdf

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»