Estonian Institute of Economic Research (EKI) was established as an institute of the Estonian government in 1934. Its permanent membership included the Ministries of Economy, Agriculture and Foreign Affairs, Tartu University, The Bank of Estonia, the Long-term Bank, the Chamber of Commerce, the Estonian Country Bank and Chamber of Agriculture.
EKI initially worked under the supervision of the State Secretary. In partnership with the Department of Statistics and other State economic institutes, Estonia's economic situation was monitored and analysed, and many periodicals reporting the findings were issued. In 1940, under the rule and occupation of the USSR, the developing capitalistic economy was quashed and EKI was closed. In 1966, the Estonian Branch of the ÜKTUI began to research the trade situation in Estonia. This was an Institute of the Government. In 1990, when Estonia was in the process of regaining its independence, the Estonian Branch broke away from the UKTUI and, under its own name (the Estonian Institute of Economic Research), continued its research of economic factors. From 1990 to 1997, EKI was an institute of the Estonian Government, administered by the Minister of the Economy. EKI was privatised in 1997. The owners became the Estonian Chamber of Commerce, BCS AS and seven individuals. In 2007 the Estonian Chamber of Commerce became the sole owner of EKI.
EKI may be considered a centre of excellence compared with other for-profit organisations, as it operates under a private legal status dedicated to applied research.
EKI'S AIMS AND OBJECTIVES
The primary aim of EKI
is, through its research, to further develop the Estonian economy. EKI gathers socio-economic
processes and analyses it in a manner which allows high quality inferences to be drawn and
macro as well as micro-economic decisions made. This information is available for purchase
from EKI, to enable leaders and entrepreneurs to make appropriate decisions within the
prevailing market arena.
EKI's points of strength are:
EKI'S WORKING PARTNERSHIPS
EKI works together with: