OECD Economic Surveys Estonia 2017 [Paperback]

The Estonian economy displays numerous strengths, including an excellent business environment, high educational attainment, and solid public finances. However, around a quarter of the population is still at risk of poverty and productivity growth has slowed down.The Estonian economy displays numerous strengths, including an excellent business environment, high educational attainment, and solid public finances. However, around a quarter of the population is still at risk of poverty and productivity growth has slowed down. Fiscal room should be used to make growth stronger and more inclusive.Estonia is well integrated into global trade, and export potential and value-added drawn from trade can improve further. Efforts should concentrate on strengthening adult education, immigration of talents, and cooperation between businesses and researchers.Investment has weakened, particularly in projects required to increase business productivity. Addressing skill shortages and inefficiencies in the insolvency regime can help raise firms investment capacity. Improving the quality of infrastructure projects and developing green investment further is a priority.The OECD is an international organization that consists of 30 Member countries from the developed world that accept the principles of representative democracy and free market economy. It originated in 1948 as the Organization for European Economic Cooperation (OEEC) to help administer the Marshall Plan for the reconstruction of Europe after World War II. Later its membership was extended to non-European states, and in 1961 it was reformed into the OECD. The organization provides a forum where governments can compare policy experiences, seek answers to common problems, identify good practice and co-ordinate domestic and international policies. With active relationships with some 70 other countries and economies, NGOs and civil society, the organization has a global reach. Renowned for its publications and statistics, its worlÓ+