This Selected Issues paper of the Republic of Estonia reviews the current account deficits, sustainability, and external solvency in the Baltic countries. The paper describes labor market trends in Estonia after the transition, institutional makeup of the market, and its effects on unemployment. The paper also discusses developments in regional unemployment, effects of regional disparities on average unemployment, and policy recommendations. Finally, the statistical appendix highlights the IMF's projections and estimates for the Republic of Estonia.
IMF Staff Country Reports