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A master's thesis from Aalborg University
Book cover


Unemployment and neoliberal policies in Estonia: success or failure?

Translated title

Term

3. term

Publication year

2012

Submitted on

Pages

59

Abstract

Estonia, a former Baltic Tiger and among the ten most liberal economies in the world, has been struggling with high rates of unemployment for over the past twenty years. By using a Classical Theory of Unemployment and its complementary macroeconomic principles, this thesis aims to prove a success of neoliberal macroeconomic and labour market policies implemented by the Estonian government to reach labour market equilibrium.