Republic of Estonia: 2002 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Estonia

International Monetary Fund

No 2002/134, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2002 Article IV Consultation highlights that Estonia continues to be an outstanding performer among the transition economies reflecting the authorities’ continued commitment to market-based reforms, pursuit of sound macroeconomic policies, emphasis on institution building, and a commitment to transparency. In 2001, the Estonian economy showed remarkable resilience given the slowdown in economic activity among its main trading partners. Although growth decelerated somewhat compared with the previous year, the economy grew at a healthy 5.4 percent, driven largely by a pickup in investment demand.

Keywords: ISCR; CR; government; right; options Estonia; General government balance; Estonian authorities; government of Estonia; medium-term projection; authorities' goal; Commercial banks; Foreign assets; Financial derivatives; Western Europe; Baltics; Global; Europe (search for similar items in EconPapers)
Pages: 58
Date: 2002-07-03
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