Political and Economic Reforms
Laar’s reforms are referred to as the most thorough in the region and are occasionally used as a model for other transitions. The contributions to the study of transitions made by the Estonian reforms are often categorized as mainly three: lustration, economic reforms and geopolitical reorientation.
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Famous quotes containing the words political, economic and/or reforms:
“Man is by nature a political animal.”
—Aristotle (384–322 B.C.)
“But I would emphasize again that social and economic solutions, as such, will not avail to satisfy the aspirations of the people unless they conform with the traditions of our race, deeply grooved in their sentiments through a century and a half of struggle for ideals of life that are rooted in religion and fed from purely spiritual springs.”
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“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)