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The Secretary-General will present in Tallinn the OECD Economic Review of Estonia, at a joint press Conference with Mr. Andrus Ansip, Prime Minister of Estonia.
Estonia recovered forcefully from the global economic crisis but growth has since slowed, highlighting the need for further reforms that reduce exposure to external shocks and ensure against future boom/bust cycles, according to the OECD’s latest Economic Survey of Estonia.
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Whereas expenditure on education and expenditure per student increased significantly between 2000 and 2009, Estonia has seen the largest drop in education funding since the global recession, compared to other OECD countries.
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The 2011 edition of Education at a Glance: OECD Indicators enables countries to see themselves in the light of other countries’ performance.
Since the restoration of independence in 1991, Estonia has met the challenge of establishing a fully functional, stable, and modern state.
Estonia is recovering from a deep recession. Main policy challenges are: avoid cyclical unemployment becoming structural; strengthen fiscal framework; address non performing loans; reap efficiency gains in government operations and make more out of globalisation as a sustainable driver of growth