01753cas a2200241 a 4500 AALejournalIMF009488 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451812527 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Estonia : 2007 Article IV Consultation; Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Estonia. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (49 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 The Republic of Estonia's 2007 Article IV Consultation reports that surging domestic demand has widened the external current account deficit and pushed the economy against capacity constraints. Wage increases have begun to erode competitiveness and kept inflation above the Maastricht threshold for euro adoption. There are signs of an incipient slowdown, but a resurgence of demand and an eventual hard landing, with growth stagnating, cannot be ruled out. A strong fiscal stance is needed to subdue wage and income expectations and improve the odds of a soft landing. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/255 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/255/002.2007.issue-255-en.xml IMF e-Library