Republic of Estonia : 2013 Article IV Consultation

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 13, 2013

Electronic Access:

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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:

English

Publication Date:

May 13, 2013

ISBN/ISSN:

9781484310380/1934-7685

Stock No:

1ESTEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

70

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