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Republic of Estonia: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2007: Issue 256
Language:
English
Publication Date:
30 Jul 2007
DOI:
https://doi.org/10.5089/9781451812534.002
ISBN:
9781451812534
ISSN:
1934-7685
Pages:
61
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
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund