Republic of Estonia: Selected Issues
July 30, 2007
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This Selected Issues paper on the Republic of Estonia highlights its growth performance relative to other countries in the European Union (EU). Estonia has experienced a period of unprecedented growth since the mid-1990s. Between 1995 and 2005, Estonia’s real GDP per capita rose by an average of 6½ percent a year, exceeding the annual growth rates of all other countries in the EU. This impressive growth performance is partly explained by the recovery from the immediate post-central planning drop in output.
Subject: Aging, Expenditure, Health care spending, Population and demographics, Production, Productivity, Total factor productivity
Keywords: age-related expenditure, Aging, Baltics, CR, Europe, exiting firm, expenditure reduction, GDP, Global, health care, Health care spending, interest rate, ISCR, Productivity, productivity growth, TFP growth, Total factor productivity
Pages:
61
Volume:
2007
DOI:
Issue:
256
Series:
Country Report No. 2007/256
Stock No:
1ESTEA2007002
ISBN:
9781451812534
ISSN:
1934-7685
