Republic of Estonia : Selected Issues

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

December 14, 2015

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper analyzes income convergence and medium-term growth potential for Estonia. Estonia’s potential growth is projected to average some 3 percent over the next five years and 2.75 percent over the next two decades, implying continued income convergence with European Union levels, albeit at only half its historical pace. A number of policy enhancements could lift growth above this central projection. These include a greater operational policy focus on raising productivity growth, scaling up a number of envisaged pro-growth programs, supporting the upgrading of traditional industries as a second leg of innovation policy, and fully restoring Estonia’s high investment.

Series:

Country Report No. 15/337

Subject:

English

Publication Date:

December 14, 2015

ISBN/ISSN:

9781498377553/1934-7685

Stock No:

1ESTEA2015002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

53

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