Olaf Mertelsmann

Stalinist Restructuring in Estonia : From Market to Command Economy : 7 Olaf Mertelsmann New ed edition

In 1940, Estonia was first occupied and then annexed by the Soviet Union. The process of Sovietization started immediately and was accompanied by a thorough reconstruction of the economy. This monograph looks in detail at the different stages of economic restructuring of a country to be remodeled according to the Soviet example.

Exploitation, violence, and declining living standards formed part of the process under Stalinist rule. Different sectors of the economy, but also the demographic development, are analyzed. By the end of Stalinism, the outcome indicated a disaster.