Investopedia

Continue to Site »

Baltic Tiger

Filed Under » , , , ,
Dictionary Says

Definition of 'Baltic Tiger'

A colloquial term that refers to any one of the three Baltic nations of Lithuania, Latvia and Estonia, especially in reference to their double-digit growth rates from 2000 to 2007. The Baltic tigers achieved independence in the early 1990s, following the breakup of the Soviet Union, and embarked on an aggressive program of economic reforms and liberalization from 2000 onwards. These reforms led to significant inflows of foreign investment and resulted in these nations recording the highest growth rates in all of Europe, between 2000 and 2007.
Investopedia Says

Investopedia explains 'Baltic Tiger'

The Baltic Tigers share a number of attributes common to Tiger economies in other parts of the world. These attributes include an open economy, a highly-skilled workforce and relatively low wages. The credit crisis of 2008-2009 hit the Baltic Tigers especially hard, as they experienced the worst recessions among all nations worldwide, with gross domestic product contracting by 15 to 20%, in 2009.

Articles Of Interest

  1.

    Go International With Foreign Index Funds

    As global trade continues to expand and the world's economies grow, spice up your portfolio with these exciting opportunities.

  2. The Baltic Dry Index: Evaluating An Economic Recovery

    This index can provide insight into economic growth and production, but it has its critics.

  3. Drastic Currency Changes: What's The Cause?

    Currency fluctuations often defy logic. Learn the trends and factors that result in these movements.

  4. Should The U.S. Switch To A Flat Tax?

    Some countries have begun charging a flat tax rate instead of the gradual tax system of the Western world.

  5. Investing Lessons From Across The Pond

    There's a lot to learn from Anthony Bolton, who is known as Europe's Peter Lynch.

  6. State-Run Economies: From Public To Private

    Find out how former Iron Curtain countries used private enterprise to join the world financial markets.

  7. Why The Consumer Price Index Is Controversial

    Find out why economists are torn about how to calculate inflation.

  8. Predict Inflation With The Producer Price Index

    Find out how the PPI can be used to gauge the overall health of the economy.

  9. Leading Economic Indicators Predict Market Trends

    Leading indicators help investors to predict and react to where the market is headed.

  10. Austerity: When The Government Tightens Its Belt

    When a government tightens its belt in tough economic times the entire nation feels the squeeze.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center
Array ( )
taggroups(for debug only):
Array ( [0] => Investing [1] => SEG (Investors) [4] => Economy And Economics [5] => Economics ) time:11ms