The latest issue of the Kroon & Economy focuses on the balance of payments

Eesti Pank has published the new issue of the economic quarterly the Kroon & Economy, which concentrates on topics dedicated to the Estonian balance of payments.

The current issue aims to provide an overview of the balance of payments statistics from a theoretical as well as a practical viewpoint. It gives an overview of the general development of Estonia's balance of payments in 1992-2006 and analyses trends in Estonia's foreign trade over the past thirteen years. In addition, the present issue introduces some of the problems related to direct investment statistics and looks into the Centralised Securities Database of the European System of Central Banks. The quarterly also describes various techniques of assessing and analysing the quality of the balance of payments.

Another topic related to the balance of payments that always attracts a lot of attention is travel services. Thus, the current issue of the Kroon & Economy provides an overview of the back-office of calculating travel service indicators. Moreover, the recent survey results on the travelling preferences of Estonian residents and ways of financing their trips are revealed.
The previous issue of the Kroon & Economy of December 2007 focused on today's energy related problems.

The quarterly is published on the web site of Eesti Pank at www.bankofestonia.info. The print version can be subscribed free of charge by e-mail trykis@epbe.ee or obtained from the Eesti Pank Museum.

The Kroon & Economy is a quarterly for the general public that includes reviews and analyses of topical economic issues, translation articles, comments and also statistics.