Boosting Estonia's growth potential has emerged as the primary economic policy challenge. Important supportive policies are already in place and many new initiatives are under preparation. They should secure potential growth of some 3 percent per year during 2016-20, despite adverse demographics and diminishing scope for "easy" productivity gains. But convergence could be spurred by strengthening the policy focus on raising productivity, scaling-up existing or planned programs, and putting more emphasis on the upgrading of Estonia's traditional industries as a second leg of innovation policies.
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|Size: ||9.5 MB|
|Publisher: ||INTERNATIONAL MONETARY FUND|
|Date published: || 2015|
|ISBN: ||9781513536163 (DRM-EPUB)|
|Read Aloud: ||not allowed|