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Working Papers


  • 21-July-2011

    English

    ESTONIA - Public sector spending efficiency: healthcare and local government

    The Estonian fiscal position is much better than in many OECD countries, the country stands out for having a rather lean government sector and the authorities are striving for efficient use of existing resources.

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  • 24-June-2011

    English

    Estonia: making the most of globalisation

    Estonia has already experienced many benefits of increasing international integration, most obviously in significant convergence.

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  • 15-October-2009

    English

    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.

  • 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.

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