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 …

This Selected Issues paper on the Republic of Estonia highlights its growth performance relative to other countries in … the European Union (EU). Estonia has experienced a period of unprecedented growth since the mid-1990s. Between 1995 and … 2005, Estonia’s real GDP per capita rose by an average of 61⁄2 percent a year, exceeding the annual growth rates of all …

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 …