Estonia: Making the Most of Globalisation:
Estonia has already experienced many benefits of increasing international integration, most obviously in significant convergence. From the Russian crisis in 1998 to the great recession in 2009 Estonia gained an impressive 20% in GDP per capita relative to the EU27 average in PPPs. Like the other Bal...
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| Beteilige Person: | |
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| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Paris
OECD Publishing
2011
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| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagwörter: | |
| Links: | https://doi.org/10.1787/5kg9pkmsmltc-en |
| Zusammenfassung: | Estonia has already experienced many benefits of increasing international integration, most obviously in significant convergence. From the Russian crisis in 1998 to the great recession in 2009 Estonia gained an impressive 20% in GDP per capita relative to the EU27 average in PPPs. Like the other Baltic economies, however, a considerable part of earlier convergence gains was lost in the crisis, the impact of which was aggravated by the collapse of world trade. While this was also true for Ireland, central European countries in the process of catching up, like Czech Republic, Poland and Slovakia, have been less affected by the crisis and have been able to maintain most of their convergence gains. Moreover, prior to the recession Estonia's gap in income and productivity levels compared with the EU average was still around 30% and as the country emerges from recession it faces major policy challenges to regain its pre-crisis rate of growth potential. A greater focus on closing the productivity gap in the manufacturing-for-export sector compared with other transition countries would serve as a useful and challenging benchmark in order to get more out of globalisation |
| Umfang: | 1 Online-Ressource (41 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5kg9pkmsmltc-en |
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| indexdate | 2025-01-11T15:45:51Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (41 Seiten) 21 x 29.7cm |
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| publishDate | 2011 |
| publishDateSearch | 2011 |
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| publisher | OECD Publishing |
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| series2 | OECD Economics Department Working Papers |
| spellingShingle | Price, Robert Estonia: Making the Most of Globalisation Economics Estonia |
| title | Estonia: Making the Most of Globalisation |
| title_alt | Estonie: Tirer le meilleur parti de la mondialisation |
| title_auth | Estonia: Making the Most of Globalisation |
| title_exact_search | Estonia: Making the Most of Globalisation |
| title_full | Estonia: Making the Most of Globalisation Robert Price and Andreas Wörgötter = Estonie: Tirer le meilleur parti de la mondialisation / Robert Price et Andreas Wörgötter |
| title_fullStr | Estonia: Making the Most of Globalisation Robert Price and Andreas Wörgötter = Estonie: Tirer le meilleur parti de la mondialisation / Robert Price et Andreas Wörgötter |
| title_full_unstemmed | Estonia: Making the Most of Globalisation Robert Price and Andreas Wörgötter = Estonie: Tirer le meilleur parti de la mondialisation / Robert Price et Andreas Wörgötter |
| title_short | Estonia: Making the Most of Globalisation |
| title_sort | estonia making the most of globalisation |
| topic | Economics Estonia |
| topic_facet | Economics Estonia |
| url | https://doi.org/10.1787/5kg9pkmsmltc-en |
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