OECD economic surveys : Estonia 2015.

Format:

Book

Contributor:

Organisation for Economic Co-operation and Development.

Series:

OECD Economic Surveys: Estonia, 2221-2299

Language:

English

Subjects (All):

Estonia--Economic conditions.

Estonia.

Estonia--Economic policy.

Physical Description:

1 online resource (94 p.)

Place of Publication:

[Paris, France] : OECD, 2015.

Language Note:

English

Summary:

OECD's 2015 Economic Survey of Estonia examines recent economic developments, prospects and policy. Special chapters cover openness and raising productivity and making the most of human capital.

Contents:

Table of contents; Basic statistics of Estonia, 2013; Executive summary; Main findings; Key recommendations; Assessment and recommendations; Domestic framework conditions are favourable but reforms are needed to accelerate convergence; Figure 1. GDP per capita and real household income1 by income quintile; Figure 2. Convergence in GDP per capita and productivity; Figure 3. Average well-being outcomes1, 2014; Weakening exports have detracted from economic growth; Figure 4. Output, labour costs and consumer prices; Figure 5. Unemployment rates by educational level

Figure 6. Migration and population trendsFigure 7. Export performance and competitiveness; Domestic financial risks are low; Table 1. Macroeconomic indicators and projections; Figure 8. Financial indicators; The fiscal position is strong; Recommendations on fiscal policy; Raising productivity and benefitting more from openness; Figure 9. Product market regulation; Figure 10. Bankruptcy procedures: recovery rates and duration; Recommendations to raise productivity; Reducing CO2 emissions and energy consumption; Figure 11. Greenhouse gas emissions and energy consumption

Recommendations to lower CO2 emissions and energy consumptionMaking the most of human capital; Figure 12. Labour tax wedges; Figure 13. Vacancies by skill level; Table 2. Tax revenue composition, 2011; Figure 14. Pension funds' operating expenses as a share of assets under management; Figure 15. Highest educational attainment of young adults; Table 3. Employment rates of young people up to 3 years after graduation by educational attainment level; Recommendations to make the most of human capital; Bibliography; Annex. Progress in main structural reforms; Improve the fiscal framework

Improve labour market performanceMake the education system more efficient; Make health care more efficient; Enhance public sector efficiency; Make the most of globalisation; Stability of the financial sector; Climate change mitigation and green growth; Thematic chapters; Chapter 1. Raising productivity and benefitting more from openness; Modest productivity growth slows income convergence; Figure 1.1. Evolution of productivity; Figure 1.2. Contribution to growth in real business sector value added per hour worked; Figure 1.3. Labour productivity levels by enterprise size, total economy

Openness and high value added foreign direct investment boost productivity and innovationFigure 1.4. Foreign direct investment inflows by sector; Reaping more benefits from innovation; Figure 1.5. R&D spending; Box 1.1. Smart specialisation and its implementation in Estonia; Figure 1.6. Level of public participation and right to petition the government; Figure 1.7. Collaboration of firms on innovation with higher education or public research; Improving product market regulation; Figure 1.8. Product market regulation; Figure 1.9. Bankruptcy procedures: recovery rates and duration

Ensuring access to finance for SMEs

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters.

Description based on online resource; title from PDF title page (ebrary, viewed March 9, 2015).

ISBN:

9789264228382

9264228381

9789264227224

9264227229