This paper reviews public expenditure in Lithuania to identify areas where deeper structural reforms may be warranted … to improve spending efficiency and contain future spending pressures. The analysis benchmarks spending in Lithuania …

This paper reviews Lithuania’s fiscal consolidation since 2009, assesses the contribution of revenue and expenditure to … lowest revenue-to-GDP ratio in the EU, Lithuania’s fiscal adjustment has so far relied mainly on expenditure measures, with … the quality of measures deteriorating over time. The analysis also suggests that Lithuania’s tax system, in comparison …

Lithuania's current credit cycle highlights the strong link between housing prices and credit. We explore this … countries during1995-2017. We find a high degree of synchronization between Lithuania's credit and housing price cycles. Panel … in housing prices, credit, and output within and outside Lithuania strongly impact Lithuania's credit …

Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be …

The paper examines the evolution of the institutional setup of Lithuania''s Currency Board Arrangement (CBA) and …

This paper quantifies the variability of tax elasticities in Lithuania using two alternative methods: rolling …, followed by Lithuania and Latvia. Overall, the results of the study emphasize the importance of accounting for cyclical …

The reintegration into the world economy has been an integral part of Lithuania’s transformation process. Trade policy …; (iii) evaluates Lithuania’s attempts to gain greater access to Western markets, in particular the European Union; and (iv …