Republic of Estonia: Selected Issues and Statistical Appendix
August 18, 1999
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This Selected Issues paper and Statistical Appendix analyzes the progress made by Estonia since independence. It takes stock of the developments in the banking system and describes how the number of banks in Estonia has been reduced through a series of bankruptcies and mergers from 41 in 1992 to 5 by end 1998. The paper explores nonbank financial sector developments. The paper also describes a composite index of coincidence indicators and tests how well it has tracked recent developments in Estonia.
Subject: Banking, Commercial banks, Economic sectors, Expenditure, Exports, Financial institutions, International trade, Labor, Pension spending, Pensions, Privatization
Keywords: Baltics, Central and Eastern Europe, chapter III, chapter VI, Commercial banks, composite index of coincidence indicator, CR, Eastern Europe, enterprise, Estonia, EU accession, Europe, Exports, ISCR, Pension spending, Pensions, Privatization, privatization revenue, surplus, Western Europe
Pages:
128
Volume:
1999
DOI:
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Issue:
074
Series:
Country Report No. 1999/074
Stock No:
1ESTEA0021999
ISBN:
9781451812398
ISSN:
1934-7685
