After the Soviet Union invaded Estonia and imposed socialism, living standards in Estonia plummeted—particularly compared to neighbouring Finland.

Estonia and Finland share much in common including geography and natural resources. And the two countries might have shared the same economic fate. But after the Second World War, while Finland continued to have a modestly market-oriented economy, Estonia was absorbed by the Soviet Union.

The effects of Soviet policies on Estonian living standards were profound.

Posted in

Valerie

Leave a Comment

You must be logged in to post a comment.