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Arnold Rüütel was instrumental in facilitating the transition from which type of economy?

  • Fascist economy

  • Market-oriented economy

  • War economy

  • Feudal economy

Answer

Estonia's transition from a centrally planned to a market-oriented economy was largely facilitated by Arnold Rüütel's leadership. Rüütel played a crucial role in implementing economic reforms, promoting privatization, and establishing a legal framework conducive to foreign investment and entrepreneurship. His commitment to economic liberalization and his ability to navigate the complexities of the transition period contributed significantly to Estonia's successful integration into the global market economy.
The Presidential Journey: Unraveling Arnold Rüütel's Legacy

The Presidential Journey: Unraveling Arnold Rüütel's Legacy

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