An interesting graph from a presentation by Ott Pärna, CEO of Estonian Development Fund (see also my post from their recent event, in Estonian). Estonian & German industries being compared here by employment (left) and value added per manufacturing area.
One common characteristic we share is that there are a lot of areas where a large share of people is adding a tiny part of the value for country’s economy. However, it is quite concerning how tilted towards the bottom (= less value) is the distribution of Estonian workforce.
It would be very interesting to see service industries in different countries being compared in a similar way – such as the software, biotech, nanotech and other innovation/R&D fields we talk so much about. Anyone have a good pointer?
PS: most value in German manufacturing is added with oil, nuclear fuel and tobacco? Scary…
The Estonia-England Euro2008 qualification game at Wembley was quite an experience. For the most part, not for the devastating game but the emotions around it. Roughly 2000 Estonians trying to outshout & -sing 84600 English supporters. Apparently, our Song Festivals are not that unique after all.
A few more mobile shots here. Note to self – you actually could bring a decent camera to this stadium, no matter what the back of the ticket warning says.
And a trivia quiz: Who is now the first Estonian to score a goal at Wembley? (Hint: the score was 0:3)