, ethnic groups, and workers with different skill levels. As Estonia entered recession in 2008, the unemployment rate almost … will be a key adjustment mechanism during the recession as well as in the medium term if Estonia is to become a knowledge … based economy. Given the currency board arrangement and low synchronisation with the euro area, flexibility is also needed …

From 2000 to 2007, Estonia was one of the fastest growing emerging market economies. A housing boom, fuelled by capital … board limited the Bank of Estonia’s ability to curb credit growth, while the fiscal policy framework amplified the cycle … tightened lending standards and capital outflows. Estonia is now in a severe recession. To restore high and sustainable growth …

reference to Estonia’s largest water company with mixed public-private ownership. It has a business-like management that …

The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered …

is widely believed that Estonia’s currently low electricity prices are set to increase. Authors argue that cost …