This Technical Assistance Report on the Republic of Estonia highlights that public investment is a priority spending … area, and Estonia is seeking to strengthen the efficiency and effectiveness of its capital expenditure from an already high … level. Estonia's public investment is relatively efficient, while further improvements should pay attention to the quality …

This 2019 Article IV Consultation with Estonia discusses that the outlook is favorable for the near term, however, for …-area average, consistent with Estonia's convergence process. Wages are rising, reflecting a tight labor market and skill shortages …

This Selected Issues paper on Estonia examines impact of assessing competitiveness and exposure to shocks integrating … goods. However, like most European economies, Estonia is highly integrated into GVCs. This implies that assessments of … trade shocks accounting for the GVC participation in Estonia. The analysis using a REER index considering the GVC …

This 2016 Article IV Consultation highlights that Estonia's recent growth has been subdued. Labor productivity and …

This Selected Issues paper examines the impact of fast unit labor cost (ULC) growth in Estonia. ULCs in Estonia have … convergence prospects with western Europe. This highlights the importance of making Estonia's pro-productivity policies a success …, but in the nearer term the onus is on mitigating excessive wage growth because in this area, Estonia, together with the …