28-May-2009

English

Capital inflows, household debt and the boom bust cycle in Estonia

Estonia is now in a severe recession. To restore high and sustainable growth, the country will need to rebalance its resources from non-tradables towards exports.

Related Documents

20-April-2009

English

Economic Survey of Estonia 2009

Estonia grew faster than most emerging market economies during 2000-07, but it is now in a severe recession due to a collapse of domestic demand in the wake of the international financial crisis.

7-April-2009

English

Economic Policy Reforms: Going for Growth 2011: Country Notes

Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.

Related Documents

9-January-2009

English

Estonian Ministry of Foreign Affairs

Website of the Estonian Ministry of Foreign Affairs, with information on the OECD (in Estonian).

20-April-2008

English

Economic Survey of Estonia 2009: Enhancing the business environment to foster productivity

Estonia is particularly well regarded in ICT network readiness and well-functioning e-government. However, the share of production in high tech and knowledge intensive sectors is relatively low.

20-April-2008

English

Economic Survey of Estonia 2009: Increasing flexibility and reducing segmentation of the labour market

More flexible labour markets will be a key adjustment mechanism in the current recession as well as in the medium term if Estonia is to become a knowledge-based economy.

20-April-2008

English

Economic Survey of Estonia 2009: Strengthening financial stability while reducing distortions in the housing market

Co-operation is required between regional financial supervisory authorities to mitigate risks to financial stability as well as cyclical volatility in housing and construction. Financial stability could be strengthened by increasing households’ financial literacy.

20-April-2008

English

Economic Survey of Estonia 2009: Getting back to sustainable growth path is the key policy challenge

Estonia is facing its most challenging economic situation since the early 1990s. Past overexpansion was financed by rapid credit growth. Growth was in general biased towards domestic demand.

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