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Article: Fact file: the Baltic states.
- Article from:
- AgExporter
- Article date:
- January 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fact File: The Baltic States
Background
Baltic Economies: Nearly 50 years of Soviet rule have had a profound and negative effect on the economic structure of the Baltic states of Estonia, Latvia and Lithuania. These nations have regained their independence and now face the difficult task of transforming their economies. Like East European countries, they must reform an established Communist bureaucracy, transform old institutions, clean up their environment and merge market-oriented economic reforms with democratic political reforms. Unlike Eastern Europe, however, each Baltic nation must bear the additional burden of transforming an economy almost ...