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Republic of Estonia [electronic resource] : 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Estonia.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2009.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 09/86.
IMF Staff Country Reports; Country Report No. 09/86
Format/Description:
Government document
Book
1 online resource (52 p.)
Local subjects:
Amortization payments.
Article IV consultation reports.
Asset markets.
Balance of payments.
Central bank.
Currency board.
Currency debt.
Current account.
Current account balance.
Current account deficit.
Debt accumulation.
Debt dynamics.
Debt ratio.
Debt service.
Debt service to exports.
Debt stock.
Debt sustainability.
Debt sustainability analysis.
Derivative.
Derivative assets.
Domestic currency.
Domestic money market.
Domestic saving.
Domestic-currency.
Economic growth.
Economic indicators.
Economic reforms.
Effective interest rate.
Electric power.
Equity capital.
External debt.
External debt sustainability.
External financing.
External funding.
External shocks.
Financial derivative.
Financial derivatives.
Financial institutions.
Financial market.
Financial safety net.
Financial sector.
Financial stability.
Financial system.
Fiscal stability.
Foreign currency debt.
Global competitiveness.
Global liquidity.
Government debt.
International reserves.
Labor market policy.
Liquidity crisis.
Liquidity support.
Long-term debt.
Money market.
Money market instruments.
Moral hazard.
Net external debt.
Nominal interest rate.
Overvaluation.
Public sector debt.
Real exchange rate overvaluation.
Reserve assets.
Savings deposits.
Short term debt.
Short-term debt.
Staff Reports.
Stock exchange.
Stock exchange index.
Stock market.
Stock market index.
Total external debt.
Estonia.
Summary:
This 2008 Article IV Consultation highlights that the economy of Estonia is now experiencing its most severe recession since the early 1990s. The financial sector has withstood the global financial turbulence well so far, but risks remain significant. Executive Directors have commended the Estonian authorities for the progress made in recent years in achieving economic convergence and deepening real and financial ties with the European Union. Directors have also commended the authorities for their planned substantial fiscal restraint in 2009.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451812558:
9781451812558
ISSN:
1934-7685
Publisher Number:
10.5089/9781451812558.002
Access Restriction:
Restricted for use by site license.
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