Edward Lucas

A crisis is an expensive lesson, and wasting anything expensive is bad. So Estonians should use these hard times to take a hard look at themselves, their society and their state, and work out how to dump bad habits and adopt good ones. Learning from your own mistakes is good and learning from other people’s is even better. So Estonians should also look south to Latvia to see what may happen if current bad tendencies persist.
There are no quick fixes, only important changes. Independence was not a panacea. nor was introducing the kroon, or joining NATO and the EU. Adopting the euro will be no panacea either: it is a necessary condition for solid prosperity in future, but not a sufficient one.

http://edwardlucas.blogspot.com/2009/12/estonias-future.html