03993oam 22010214 450 991016292510332120230810001924.01-4755-6592-51-4755-6598-4(CKB)3710000001045053(MiAaPQ)EBC4800305(IMF)1ESTEA2017001(EXLCZ)99371000000104505320020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierRepublic of Estonia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of EstoniaWashington, D.C. :International Monetary Fund,2017.1 online resource (49 pages) illustrations (some color), graphs, tablesIMF Staff Country Reports1-4755-6588-7 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.IMF Staff Country Reports; Country Report ;No. 2017/009LaborimfMacroeconomicsimfPublic FinanceimfStatisticsimfProduction and Operations ManagementimfWages, Compensation, and Labor Costs: GeneralimfMacroeconomics: ProductionimfLabor Economics: GeneralimfData Collection and Data Estimation MethodologyimfComputer Programs: OtherimfDebtimfDebt ManagementimfSovereign DebtimfLabourimfincome economicsimfEconometrics & economic statisticsimfPublic finance & taxationimfCorporate crimeimfwhite-collar crimeimfWagesimfProductivityimfLabor costsimfPublic debtimfProductionimfIndustrial productivityimfLabor economicsimfDebts, PublicimfEstoniaEconomic conditionsEstonia, Republic ofimfLaborMacroeconomicsPublic FinanceStatisticsProduction and Operations ManagementWages, Compensation, and Labor Costs: GeneralMacroeconomics: ProductionLabor Economics: GeneralData Collection and Data Estimation MethodologyComputer Programs: OtherDebtDebt ManagementSovereign DebtLabourincome economicsEconometrics & economic statisticsPublic finance & taxationCorporate crimewhite-collar crimeWagesProductivityLabor costsPublic debtProductionIndustrial productivityLabor economicsDebts, Public330.94741085DcWaIMFBOOK9910162925103321Republic of Estonia3418902UNINA