Estonia is widely regarded as a paramount example for a successful transformation of a socialist economic system to a functioning market economy. Against the backdrop of this positive image which contrasts strongly with the crisis scenarios in Southern Europe the remaining problems of Estonia...

Research and development (R&D) policy has to fulfil a central role in innovation policy since it consists of government sector measures that support R&D in order to initialise and promote innovation. The authors of this article discuss first the theoretical reasoning for government sector...

Estonia is widely regarded as a paramount example for a successful transformation of a socialist economic system to a functioning market economy. Against the backdrop of this positive image which contrasts strongly with the crisis scenarios in Southern Europe the remaining problems of Estonia...

Regionen stehen unvermeidlich miteinander direkt oder indirekt in Konkurrenz. In erster Linie konkurrieren die Regionen um die Attrahierung von Kapital, um dem mobileren Teil der Einwohnerschaft eine attraktive Beschäftigung mit einem zufriedenstellenden Wohlstandsniveau anzubieten. Die großen...

In order to develop the necessary Estonian measures and policies the prevailing distribution of expenditures for these purposes are presented. Although the share of GDP used for financing education in Estonia is somewhat above the EU average the nominal amount of per capita education funds is...

The objective of this working paper is to point out major ways of regulating the global economy in order to increase impact of foreign trade, credits and (foreign) investments on economic growth and welfare. Some basic problems that occur in the process of balancing economic development are...