Showing 1 - 10 of 42
Despite enduring one of the sharpest contractions in the EU, Estonia has been successful in its all-out efforts to join …
Persistent link: https://www.econbiz.de/10014402427
The paper examines labor market developments in the four hard-peg European Union (EU) accession candidates during transition, with a view toward understanding the persistent high unemployment experienced in each country. Despite the significant levels of unemployment in all four countries, labor...
Persistent link: https://www.econbiz.de/10014402526
Estonia (BoE) is committed to maintaining the currency board until the euro becomes Estonia's official currency. The …
Persistent link: https://www.econbiz.de/10014402617
The Republic of Estonia’s 2007 Article IV Consultation reports that surging domestic demand has widened the external …
Persistent link: https://www.econbiz.de/10014404643
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 …
Persistent link: https://www.econbiz.de/10014404653
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 …
Persistent link: https://www.econbiz.de/10014404702
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 …
Persistent link: https://www.econbiz.de/10014404814
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 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