Republic of Estonia : Selected Issues

1ESTEA2005002 Image
Price:  $15.00

Release Date: © November, 2005
ISBN : 978-1-45181-250-3
Stock #: 1ESTEA2005002
Stock Status: On back-order

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This Selected Issues paper on the Republic of Estonia underlies gross and net international investment positions. Capital gains have been exceptionally beneficial to Malta’s external position, but have significantly worsened Estonia’s NIIP, and to a lesser degree, positions in Hungary and Slovenia. In examining the economic and institutional composition of gross international investment positions, the differences between those in Cyprus and Malta, and in the other new member states is stark. Greater financial integration is associated with greater economic openness, but the influence of levels of economic development is mixed.


Economic development , Economic policy , Inflation , International trade , Investment , Monetary policy

More publications in this series: IMF Staff Country Reports