Republic of Estonia : 2013 Article IV Consultation

Publication Date: May 13, 2013
Electronic Access: Free Full text (PDF file size is 1,797KB).
Use the free Adobe Acrobat Reader to view this PDF file

Summary: Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess policy trade-offs and avoid procyclical policies. Financial sector stability can be safeguarded by strengthening macroprudential policies. Deeper Nordic-Baltic cross-border prudential arrangements and the EU banking union can enhance financial stability. Estonia needs to safeguard its external competitiveness, address skill mismatches, and accelerate human capital accumulation.
Series: Country Report No. 13/114
Subject(s): Article IV consultation reports | Economic growth | Fiscal policy | Labor markets | Unemployment | Human capital | Inflation | Banking sector | Economic indicators | Staff Reports | Public information notices | Estonia

Publication Date: May 13, 2013
ISBN/ISSN: 9781484310380/1934-7685 Format: Paper
Stock No: 1ESTEA2013001 Pages: 70
US$18.00 (Academic Rate:
US$18.00 )
Please address any questions about this title to