Mart Laar

Laar was appointed Prime Minister of Estonia at age 32, becoming one of Europe's youngest heads of government. He led a coalition government focused on radical economic reforms and rapid integration with the West.

Laar's government implemented a rapid privatization program, selling state-owned enterprises to private investors. This included the use of vouchers for citizens, aiming to create a market economy and attract foreign investment.

Laar introduced a flat income tax rate of 26%, replacing the progressive tax system. This reform simplified taxation, encouraged investment, and became a model for other countries, including several in Eastern Europe.

Laar was re-elected as Prime Minister, serving from 1999 to 2002. His second term focused on preparing Estonia for EU and NATO membership, continuing economic reforms, and strengthening the rule of law.

Laar published 'The Estonian Economic Miracle', a book detailing his economic reforms and their impact. The book was influential in spreading the flat tax model and Estonia's success story internationally.