Republic of Estonia: Selected Issues and Statistical Appendix

This Selected Issues paper and Statistical Appendix analyzes the progress made by Estonia since independence. It takes stock of the developments in the banking system and describes how the number of banks in Estonia has been reduced through a series of bankruptcies and mergers from 41 in 1992 to 5 by end 1998. The paper explores nonbank financial sector developments. The paper also describes a composite index of coincidence indicators and tests how well it has tracked recent developments in Estonia.
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Volume/Issue: Volume 1999 Issue 074
Publication date: August 1999
ISBN: 9781451812398
$20.00
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Topics covered in this book

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Business and Economics , Banks and Banking , Exports and Imports , Labor , Economics- Macroeconomics , Public Finance , ISCR , CR , EU accession , Estonia , surplus , enterprise , chapter VI , privatization revenue , composite index of coincidence indicator , chapter III , Commercial banks , Pension spending , Pensions , Exports , Privatization , Baltics , Eastern Europe , Europe , Western Europe , Central and Eastern Europe

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Summary

This Selected Issues paper and Statistical Appendix analyzes the progress made by Estonia since independence. It takes stock of the developments in the banking system and describes how the number of banks in Estonia has been reduced through a series of bankruptcies and mergers from 41 in 1992 to 5 by end 1998. The paper explores nonbank financial sector developments. The paper also describes a composite index of coincidence indicators and tests how well it has tracked recent developments in Estonia.

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