1 option
Republic of Estonia : Selected Issues.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund. European Dept.
- Series:
- IMF Staff Country Reports; Country Report ; No. 2017/010
- IMF Staff Country Reports
- Language:
- English
- Subjects (All):
- Labor productivity--Estonia.
- Labor productivity.
- Physical Description:
- 1 online resource (42 pages) : illustrations (some color), graphs, tables.
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2017.
- Summary:
- This Selected Issues paper examines the impact of fast unit labor cost (ULC) growth in Estonia. ULCs in Estonia have now reached a level at which further unmitigated wage growth risks material damage to competitiveness and income 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 other Baltics, distinguishes itself from the rest of central and eastern Europe. Tax policy can provide short-term relief.
- Notes:
- Includes bibliographical references.
- Description based on online resource; title from PDF title page (ebrary, viewed February 17, 2017).
- ISBN:
- 9781475565997
- 1475565992
- 9781475566017
- 1475566018
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.