Assessment and recommendations

OECD

doi:https://doi.org/10.1787/eco_surveys-est-2012-4-en

2012 OECD Economic Surveys: Estonia 2012

image of OECD Economic Surveys: Estonia 2012

OECD's 2012 Economic Survey of Estonia examines recent economic developments, policy, and prospects. In addition it includes special chapters covering macroeconomic volatility and skills and poverty.

English Also available in: French

Related Content:

https://doi.org/10.1787/eco_surveys-est-2012-en

Chapter

Assessment and recommendations

English Also available in: French

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The Estonian economy is volatile

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Life satisfaction is very low

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The size of Estonia does not explain high volatility

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The rapid recovery is uneven

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Fiscal policy should have been less procyclical

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Credit growth has been excessive

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Macroprudential policy tools are gaining importance

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Some groups are at a very high risk of unemployment

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Active labour market policies need to be reinforced

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Reducing skill mismatches requires expanding lifelong learning

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