Showing 1 - 10 of 26
Estonia has already experienced many benefits of increasing international integration, most obviously in significant … convergence. From the Russian crisis in 1998 to the great recession in 2009 Estonia gained an impressive 20% in GDP per capita … recession Estonia’s gap in income and productivity levels compared with the EU average was still around 30% and as the country …
Persistent link: https://www.econbiz.de/10009146865
municipalities to adopt more growth-oriented economic policies. This working Paper relates to the 2010 Economic Survey of Estonia … (www.oecd.org/eco/surveys/estonia).<P>Efficience des dépenses du secteur public en Estonie : soins de santé et …
Persistent link: https://www.econbiz.de/10009358636
The labour market in Estonia is volatile, increasing the risk that groups with some obstacles to enter the labour …
Persistent link: https://www.econbiz.de/10011276856
The crisis revealed the need for a strategic review of the existing social protection system in Estonia. Extreme income …
Persistent link: https://www.econbiz.de/10011276944
investment. While GDP growth was one of the strongest in OECD, employment did not reach the pre-crisis level and unemployment … are less positive. This development is compared with Estonia and Slovenia, two other small and very open economies …
Persistent link: https://www.econbiz.de/10011276997
Estonia gave up the exchange rate and monetary policy tools of macroeconomic management when it introduced its currency … country’s policy agenda. However, shocks affecting Estonia are only weakly synchronized with those of the euro area, and the … structure of its economy also notably differs from the euro zone. To benefit fully from joining the EMU, Estonia must strengthen …
Persistent link: https://www.econbiz.de/10008498024
From 2000 to 2007, Estonia was one of the fastest growing emerging market economies. A housing boom, fuelled by capital … board limited the Bank of Estonia’s ability to curb credit growth, while the fiscal policy framework amplified the cycle … tightened lending standards and capital outflows. Estonia is now in a severe recession. To restore high and sustainable growth …
Persistent link: https://www.econbiz.de/10005045713
This paper investigates the role played by deregulation on firms’ investment decisions in infrastructure sectors. The … entry, public ownership, vertical unbundling and the existence of an independent regulator with firm level investment … behaviour. We find that the impact of regulation on investment is both sector and firm specific. A reduction in the degree of …
Persistent link: https://www.econbiz.de/10009322440
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential … reasons for these low investment rates and discusses policy options to achieve faster capital accumulation. A shortage of … domestic saving appears to be a major constraint to higher investment rates in Brazil. Due to high levels of current …
Persistent link: https://www.econbiz.de/10009350673
This paper explores the impact of structural policies on saving, investment, and current accounts in OECD and non … well as for a panel/cross-section of 117 OECD and non-OECD countries that relate saving, investment and current accounts to … saving, investment and current accounts through their impact on macroeconomic conditions such as productivity growth or …
Persistent link: https://www.econbiz.de/10008752697