Republic of Estonia: Selected Issues

International Monetary Fund

No 2007/256, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on the Republic of Estonia highlights its growth performance relative to other countries in the European Union (EU). Estonia has experienced a period of unprecedented growth since the mid-1990s. Between 1995 and 2005, Estonia’s real GDP per capita rose by an average of 6½ percent a year, exceeding the annual growth rates of all other countries in the EU. This impressive growth performance is partly explained by the recovery from the immediate post-central planning drop in output.

Keywords: ISCR; CR; GDP; interest rate; expenditure reduction; TFP growth; productivity growth; age-related expenditure; exiting firm; health care; Total factor productivity; Productivity; Health care spending; Aging; Europe; Baltics; Global (search for similar items in EconPapers)
Pages: 61
Date: 2007-07-30
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Citations: View citations in EconPapers (1)

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