only way to support high wage growth and convergence with Western Europe. Failure to do so could jeopardize Lithuania …

This 2017 Article IV Consultation highlights that the economy of Lithuania has been gathering momentum, following …

This Selected Issues paper examines the reasons behind Lithuania's low tax-GDP ratio relative to the European Union (EU …). At end-2015, Lithuania had nearly the lowest tax-GDP ratio in the EU, along with Bulgaria and Romania. The tax revenue …

This paper discusses key issues pertaining to the economy of Lithuania. Good policies and favorable business conditions … have helped put Lithuania back on the convergence path with western European living standards. Last year, growth took a … domestic demand. Lithuania needs to focus on raising productivity growth through structural reforms, securing continued …

This paper discusses the main characteristics and causes of Lithuania's inequality differentials relative to peers, and … suggests policies that may reduce them. Although Lithuania has recovered well from the 2008-09 crisis and developmental … causes of income inequality. More recently, Lithuania has taken some moderate steps to address income inequality and to …

This Selected Issues paper investigates skills mismatch and active labor market policy in Lithuania. Wage flexibility … potential growth and, therefore, on employment. Lithuania suffers from relative labor shortage for high-skilled workers and … surplus of low- and medium-skilled workers. Thus, there are labor shortages in skill-intensive sectors. Lithuania has shown a …

suggests that a neutral fiscal stance would have been preferable in the year 2019. The report discusses that Lithuania needs …