European Parliament Library

OECD Reviews of Foreign Direct Investment: Estonia 2001, Organisation for Economic Co-operation and Development

Abstract
OECD's review of foreign direct investment policy in Estonia. It finds that since regaining its independence in 1991, Estonia has undergone a remarkable economic transformation. By the end of 2000, it had received some US$2.65 billion in foreign direct investment (FDI), principally from European countries and the United States, and invested some US$443 million in the other Baltic countries. FDI has financed green-field investment, mergers and acquisitions, as well as the privatisation of state-owned-enterprises. Creating favourable conditions for FDI and openness to foreign trade have been key elements of Estonia’s economic strategy. Estonia has been included in the first wave of accession of new Members to the European Union and it joined the World Trade Organisation in 2000. The revamping of the old regime and privatisation are practically complete, and special attention is being given to reducing bureaucracy and regulation further. Very few restrictions to FDI remain. Estonia now faces the challenge of keeping up with the competition and catching up with the richer nations. On 26 July 2001, Estonia became eligible for adherence to the OECD Declaration on International Investment and Multinational Enterprises. This will help to consolidate Estonia's recent achievements and further expand its economic relations with OECD countries and other adherents to the Declaration
Table of contents
Foreword; Table of Contents; Also Available or Forthcoming in this Series; Overview; Chapter 1. Foreign Direct Investment Trends, Factors and Prospects; Chapter 2. Economic Impact of Foreign Direct Investment; Chapter 3. The Legal and Regulatory Framework for FDI; Annex 1 Summary of the Main Provisions of the OECD Declaration on International Investment and Multinational Enterprises; Annex 2. Estonia's Position under the OECD Declaration on International Investment and Multinational Enterprises; Annex 3. Methodology of FDI Data Compilation in Estonia
Language
eng
Literary form
non fiction
Note
Description based upon print version of record
Physical description
1 online resource (92 p.)
Specific material designation
remote
Form of item
online
ISBN
9786610082452

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