01566cas a2200241 a 4500 AALejournalIMF004636 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451812510 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Estonia : Selected Issues. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (46 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper assesses Estonia's flexibility from two angles. The paper focuses on one aspect of that performance-the ability to sustain competitiveness. Then, a more forward-looking angle is the flexibility of Estonia's labor and product markets. Estonia has made great progress in achieving real convergence in the last decade. Current account deficits are integral to convergence. A key question raised by this analysis is whether the large external imbalances and the counterpart buildup in external obligations will be smoothly reversed. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/419 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/419/002.2006.issue-419-en.xml IMF e-Library