The ILO and Estonia

  • © AFP/Europress

    About the ILO in Estonia

    Moderate impact of COVID-19 pandemic but high inflation and supply chain realignment create challenges

    After independence in 1991, Estonia introduced comprehensive economic reforms transiting to a market-based economy. A strong political consensus helped to go for fast and substantial reforms building an open economy based on foreign trade and foreign direct investment. Based on an advanced digitalization policy, Estonia also established itself as a regional hub of information and communication technology. EU membership in 2004 further enhanced the successful transition.    Continue reading