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The monetary system in Estonia is based on the currency board arrangement with German Mark. The strong commitments and … rule-based features of currency board imply that there is no active monetary policy in Estonia – all necessarily monetary …
Persistent link: https://www.econbiz.de/10005076744
Estonia is one of the most rapidly developing information societies in Central and Eastern Europe. Still, 61% of the … PRAXIS Center for Policy Studies from January to July 2002. The research was commissioned and financed by the Open Estonia … Foundation, the Look@World Foundation and the State Chancellery of the Republic of Estonia. It was co-financed by the …
Persistent link: https://www.econbiz.de/10005407742
This paper analyses the long-run effects of Estonia’s 2000 Income Tax Act with a dynamic general equilibrium model …
Persistent link: https://www.econbiz.de/10005412671
the view that efficiency considerations drive ownership changes (while earlier analysis for Estonia and for many other …
Persistent link: https://www.econbiz.de/10005412700
candidate countries. It aims to describe the ICT manufacturing and software industry in Estonia and also throw light on how this …
Persistent link: https://www.econbiz.de/10005550990
Estonia has had a currency board arrangement (CBA) for more than 10 years. Due to the successful performance of the … Estonian economy under a CBA the current position of the Bank of Estonia is to maintain its exchange rate regime until full … participation in the EMU, inter alia, during Estonia’s participation in ERM 2. Therefore, it is necessary to analyse the reasons for …
Persistent link: https://www.econbiz.de/10005561193
-wage gaps. Gender-equitable macroeconomic and development policies are thus required, including financial market regulation …, regulation of trade and investment flows, and gender- sensitive public sector spending.. …
Persistent link: https://www.econbiz.de/10005412981
A key area of focus in the economic reform process and the design of a favorable business environment is labor market legislation. Montenegro has obviously failed in this area. After nearly 13 years since the beginning of the transition process, or five years since the beginning of Economic...
Persistent link: https://www.econbiz.de/10005076510
There is a secret paradox at the heart of social contract theories. Such theories assume that, because personal security and private property are at risk in a state of nature, subjects will agree to grant Leviathan a monopoly of violence. But what is to prevent Leviathan from turning on his...
Persistent link: https://www.econbiz.de/10005076588
Some thoughtful questions and linear answers to the economic, social, and political consequencs that comes with restrictive regulating laws. 'Regulatory law is where Socialism meets Liberalism; or what might be called the highest form of Liberalism, the lowest form of Socialism.'
Persistent link: https://www.econbiz.de/10005076636