Republic of Estonia: Selected Issues and Statistical Appendix

February 11, 1998

Summary

This Selected Issues paper and Statistical Appendix examines the developments in the intergovernmental fiscal relations for the Republic of Estonia. The paper highlights that intergovernmental relations in Estonia have been marked in recent years by a strong push in the direction of fiscal decentralization. This trend has been part of the broader process of structural change, including privatization and liberalization of markets in Estonia. The paper analyzes the evolution of the financial sector. It also examines European Union accession and the economic policy of Estonia.

Subject: Banking, Expenditure, Financial institutions, Financial markets, Nonbank financial institutions, Real effective exchange rates, Revenue administration, Stock markets, Tariffs, Taxes

Keywords: Baltics, bank, CR, Estonia, EU accession, EU membership, government, ISCR, kroon, labor cost Index, market, Nonbank financial institutions, productivity in Estonia, Stock markets, Tariffs, trading partner, Western Europe

Pages:
108
Volume:
1998
DOI:
https://doi.org/10.5089/9781451812329.002
Issue:
012
Series:
Country Report No. 1998/012
Stock No:
1ESTEA0011998
ISBN:
9781451812329
ISSN:
1934-7685

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