Eamets, Raul; Varblane, Urmas; Sostra, Kaja - In: Baltic Journal of Economics 3 (2003) 2, pp. 5-24
In this empirical paper we examine how the Russian financial crisis affected Estonian unemployment and foreign trade. In our interpretation the Russian crisis caused depression in the Estonian economy, but at the same time it also caused a relatively fast reallocation of trade. Eastward export...