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These reports describe the main features of the financial markets of countries that have recently joined the OECD.
These reports describe the main features of the financial, and insurance and private pensions markets of countries that have recently joined the OECD.
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Data and supplementary tables from Economics Department working paper on Estonia and euro adoption: Small country challenges of joining EMU.
The ongoing financial crisis has put euro adoption at the top of Estonia's policy agenda. However, shocks affecting Estonia are only weakly synchronized with those of the euro area, and the structure of its economy also notably differs from the euro zone.
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.