Veebel, Viljar; Kulu, Liina - In: Baltic journal of economics 14 (2014) 1/2, pp. 2-16
During the global financial crisis in 2008-10 Estonia symbolized a pathway of fiscal consolidation and austerity … governing coalition in Estonia succeeded also in avoiding a negative political reaction from the voters and remained in power …. The current article analyses the variables that made the austerity reforms in Estonia in 2008-11 electorally successful …