This 2016 Article IV Consultation highlights that Estonia's recent growth has been subdued. Labor productivity and … to about 1 percent. The economy should gradually strengthen going forward, as the external environment improves and …

This Selected Issues paper examines the impact of fast unit labor cost (ULC) growth in Estonia. ULCs in Estonia have … convergence prospects with western Europe. This highlights the importance of making Estonia's pro-productivity policies a success …, but in the nearer term the onus is on mitigating excessive wage growth because in this area, Estonia, together with the …

This 2018 Article IV Consultation highlights that the economy of Estonia is gathering steam after several years of …

This Selected Issues paper analyzes the drivers of wage growth and inflation in Estonia. The analysis reveals that the … role played by the inflation and inflation expectations in Estonia is different from those of the EU15. The impact of …

This 2019 Article IV Consultation with Estonia discusses that the outlook is favorable for the near term, however, for … slower economic activity for the medium term. Th economy has performed well in recent years, supported by prudent management …-area average, consistent with Estonia's convergence process. Wages are rising, reflecting a tight labor market and skill shortages …

This Selected Issues paper on Estonia examines impact of assessing competitiveness and exposure to shocks integrating … goods. However, like most European economies, Estonia is highly integrated into GVCs. This implies that assessments of … trade shocks accounting for the GVC participation in Estonia. The analysis using a REER index considering the GVC …