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Estonia, Latvia and Lithuania, the socalled Baltic republics, have experienced one of the highest economic growth rates in the world over the last three decades. However, their road to prosperity was not exactly a leisurely stroll in the woods. The Baltic countries had to face one of the biggest bubbles and crises in the old continent in living memory.

A huge crisis that they faced in a completely different way than what we are used to. This is the story of the miracle, collapse and recovery of the socalled Baltic Tigers.

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