Bulgaria did not have any exchange rate crisis, international bailout, bank intervention, or build-up of public debt …

Despite enduring one of the sharpest contractions in the EU, Estonia has been successful in its all-out efforts to join …

Estonia (BoE) is committed to maintaining the currency board until the euro becomes Estonia's official currency. The …

The Republic of Estonia’s 2007 Article IV Consultation reports that surging domestic demand has widened the external …

This paper assesses Estonia’s flexibility from two angles. The paper focuses on one aspect of that performance …—the ability to sustain competitiveness. Then, a more forward-looking angle is the flexibility of Estonia’s labor and product … markets. Estonia has made great progress in achieving real convergence in the last decade. Current account deficits are …

Estonia’s commitment to free markets and prudent financial policies has paid off handsomely. Demand pressures and rapid …. Estonia’s economic growth has supported—and been supported by—rapid credit growth, financed increasingly by resource transfers …