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Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export growth, expanding significantly their shares of world markets. The empirical analysis shows that over the period 1994–2004, quality and technology upgrading associated with the...
Persistent link: https://www.econbiz.de/10014404829
This Selected Issues paper of the Republic of Estonia reviews the current account deficits, sustainability, and … external solvency in the Baltic countries. The paper describes labor market trends in Estonia after the transition … highlights the IMF's projections and estimates for the Republic of Estonia …
Persistent link: https://www.econbiz.de/10014406171
Estonia into an open and flexible market economy and as a star performer among European Union accession countries. Executive …
Persistent link: https://www.econbiz.de/10014406172
The staff report for the 2005 Article IV Consultation on the Republic of Estonia focuses on the economic outlook and … risks. Robust economic growth continues, largely driven by domestic demand. Estonia has achieved significant nominal … convergence; meeting all of the Maastricht criteria, save for inflation. Estonia’s banking system remains financially sound, with …
Persistent link: https://www.econbiz.de/10014406230
This 2004 Article IV Consultation highlights that economic activity has been gathering speed in Estonia. Year …. Estonia’s banking system remains financially sound. The percentage of nonperforming loans declined further and, at 0.4 percent …
Persistent link: https://www.econbiz.de/10014406460
This Selected Issues paper examines developments in Estonia’s expanding net external obligations, as well as in … use of the IMF’s new Global Econometric Model to investigate and quantify the role of market flexibility in Estonia. It …
Persistent link: https://www.econbiz.de/10014406461
nonfinancial private sector debt stock in Estonia. With declining incomes, unemployment increasing sharply, and asset prices …
Persistent link: https://www.econbiz.de/10014406645
This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two … growth in Estonia has slowed down considerably and firms may face increasing financing constraints that could dampen growth …
Persistent link: https://www.econbiz.de/10014406738
This 2008 Article IV Consultation highlights that the economy of Estonia is now experiencing its most severe recession …
Persistent link: https://www.econbiz.de/10014406739
This paper presents key findings of the Financial System Stability Assessment of the Republic of Estonia. The Estonian …-term foreign borrowing from parent banks, making Estonia vulnerable to a disruption in international financial markets …
Persistent link: https://www.econbiz.de/10014406857