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Estonia: Reaction to a Headline in the Economist

Edward Lucas, the Central and East European correspondent of The Economist, writes about Estonia and other “small” countries: “Small countries are often more interesting than big ones, and size may be one reason that the Baltic states and Slovenia have done rather well in the past 16 years. Politics works faster in small countries: you can draft a policy today, agree it tomorrow and expect everyone to know about it by the end of the week. Information moves more smoothly. Feedback loops are tighter: if something works, you see it quickly and can copy it. If it goes wrong, you can change course.”

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