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This Selected Issues paper analyzes income convergence and medium-term growth potential for Estonia. Estonia … productivity growth, scaling up a number of envisaged pro-growth programs, supporting the upgrading of traditional industries as a … second leg of innovation policy, and fully restoring Estonia's high investment …
Persistent link: https://www.econbiz.de/10014407942
This 2015 Article IV Consultation highlights that Estonia's economic growth has slowed following the rebound from the … deep recession in 2009. Although Estonia's economic and institutional fundamentals are among the strongest in the region …
Persistent link: https://www.econbiz.de/10014407941
, limiting Estonia’s scope for unilateral action. In this context, the authorities need to strengthen the Nordic-Baltic cross …
Persistent link: https://www.econbiz.de/10014411295
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of … arrangements and the EU banking union can enhance financial stability. Estonia needs to safeguard its external competitiveness …
Persistent link: https://www.econbiz.de/10014395215
This Selected Issues paper presents a comparison on public expenditure of Austria and other countries. In the past decade, Austria's government expenditure growth has been very steady, thus avoiding the boom-bust pattern of some other European countries. However, expenditure levels are...
Persistent link: https://www.econbiz.de/10014411511
opportunities, and higher productivity, investment, and research and development. The Italian financial system faces several …
Persistent link: https://www.econbiz.de/10014411512
After slowing in 2013, the Slovak economy is gathering momentum as the euro area and domestic demand recover, the latter complementing the strong export sector that has made Slovakia one of Europe’s more dynamic economies. Reducing still very high unemployment remains a key challenge, as does...
Persistent link: https://www.econbiz.de/10014411529
Sweden’s economy has re-gained speed, following supportive macroeconomic policies and strong household demand. Employment has been rising, but the labor force expanded even more, resulting in higher unemployment mostly among vulnerable groups. Inflation remains very low, driven by external and...
Persistent link: https://www.econbiz.de/10014411530
This Selected Issues Paper on Sweden focuses on macroprudential policies in Sweden. Sweden's banking system meets most standard measures of financial soundness. However, with its large and wholesale-dependent banking sector, high and increasing household debt, and resurgent house price growth,...
Persistent link: https://www.econbiz.de/10014411531
This Selected Issues paper provides a brief overview of Slovakia's transformation over this period. The note is divided into three parts. The first section offers some historical background on the run-up to EU accession. The paper also discusses the economic impact of EU accession and highlights...
Persistent link: https://www.econbiz.de/10014411542