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Estonian president explains his country’s tech boom and why America is falling behind

Estonia, the tiny Baltic state that holds fewer people than San Diego, has been praised recently for both the apparent success of the country’s austerity policies (and President Toomas Hendrik Ilves’ very public defense of it against Paul Krugman) and the country’s remarkable emergence as an Eastern Europe technology hub.

Speaking at the Concordia Summit at New York’s Grand Hyatt Hotel on Friday, Ilves outlined two clear factors in Estonia’s technological success — and made a convincing argument that the United States wasn’t doing either well.

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