Tuesday, 02 January 2024 12:17 GMT

Reforms Are Boosting Prosperity In The Baltics


(MENAFN- ValueWalk)

I'm a fan of the Baltic nations in part because they were among the first to after the collapse of the Soviet empire. But tax reform was just the beginning. Estonia, Latvia, and Lithuania have liberalized across the board as part of their efforts to become prosperous.

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is always the first place to check when you want to understand whether countries have good policy. And the does show that all three nations are in the top quartile, with Lithuania and Estonia cracking the top 20.

So are these market-oriented policies paying dividends? Has the shift in the direction of resulted in more prosperity?

The Short Answer: Yes

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