Wall Street Journal_A Quarter Century of 'Free Markets and Free People (April 16)

16.04.2008

OPINION

A Quarter Century of 'Free Markets and Free People'
April 16, 2008

While other post-Soviet states were sticking their toes in the reform pool, Estonia took a plunge. The government set up a currency board and a flat tax, abolished all tariff and non-tariff trade barriers and privatized everything in sight. In its latest innovation, a plan to scrap corporate taxation, Estonia's current coalition government has displayed a clarity of thinking on economic policy that sets a new standard in Europe.
-- "Estonia's Bright Idea," editorial, Aug. 25, 1999

Ful text: http://online.wsj.com/article/SB120830144555617693.html