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Record Nr. |
UNINA9910162925103321 |
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Titolo |
Republic of Estonia : : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Estonia |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2017 |
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ISBN |
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1-4755-6592-5 |
1-4755-6598-4 |
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Descrizione fisica |
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1 online resource (49 pages) : illustrations (some color), graphs, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Labor |
Macroeconomics |
Public Finance |
Statistics |
Production and Operations Management |
Wages, Compensation, and Labor Costs: General |
Macroeconomics: Production |
Labor Economics: General |
Data Collection and Data Estimation Methodology |
Computer Programs: Other |
Debt |
Debt Management |
Sovereign Debt |
Labour |
income economics |
Econometrics & economic statistics |
Public finance & taxation |
Corporate crime |
white-collar crime |
Wages |
Productivity |
Labor costs |
Public debt |
Production |
Industrial productivity |
Labor economics |
Debts, Public |
Estonia Economic conditions |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This 2016 Article IV Consultation highlights that Estonia’s recent growth has been subdued. Labor productivity and external competitiveness have weakened. Growth in 2016 is estimated at only 1.3 percent, driven mainly by private consumption on the back of strong wage growth in a tightening labor market. Exports are gradually recovering, but investment continues to contract. Import growth is accordingly low, keeping the current account in small surplus. Inflation rose moderately to about 1 percent. The economy should gradually strengthen going forward, as the external environment improves and existing pro-growth policies come to fruition. Growth is projected at 2.3 percent and 2.8 percent for 2017 and 2018, respectively. |
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