Critical assessment of the Baltic Model

(Linköping University) Austerity packages work. Look at the Baltic countries: they responded to the financial crisis with drastic measures. And succeeded.'This is a popular narrative amongst leading neoliberal economists,' says Charles Woolfson, professor of labor studies at REMESO, Linköping University. Together with Jeffrey Sommers from the University of Wisconsin-Milwaukee, he recently co-edited a book on the financial crisis in Estonia, Latvia and Lithuania, published at Routledge.
Source: EurekAlert! - Social and Behavioral Science - Category: Global & Universal Source Type: news