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Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy advice. Furthermore, aggregate statistical measures of...
Persistent link: https://www.econbiz.de/10014396613
Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export growth, expanding significantly their shares of world markets. The empirical analysis shows that over the period 1994–2004, quality and technology upgrading associated with the...
Persistent link: https://www.econbiz.de/10014404829
This paper analyzes competitiveness in the Baltics in the run-up to European Union accession. Several factors appear to have driven movements in equilibrium real exchange rates in the Baltics since the start of the transition process. In the earlier years of transition, price liberalization,...
Persistent link: https://www.econbiz.de/10014407140
The staff report for the 2005 Article IV Consultation on the Republic of Latvia highlights the economic outlook and mid …
Persistent link: https://www.econbiz.de/10014405881
, and have taken steps to contain risks in Parex Bank. The staff report reviews the Republic of Latvia’s economic …
Persistent link: https://www.econbiz.de/10014406035
This Selected Issues paper seeks to determine the macroeconomic effects of credit growth in Latvia. To do so, the paper …’s Global Fiscal Model to simulate the macroeconomic effects of Latvia’s financial integration with the European Union and … developing financial system. The paper also discusses the balance sheet approach to macroprudential vulnerabilities in Latvia …
Persistent link: https://www.econbiz.de/10014406407
This Selected Issues paper and Statistical Appendix highlights that the strong economic expansion in Latvia that began … Latvia’s output in both new, mostly European Union, and the traditional Commonwealth of Independent States markets. Domestic …
Persistent link: https://www.econbiz.de/10014396518
Latvia’s economy continues to recover, but the worsening global outlook is likely to hurt growth. Implementation of the …
Persistent link: https://www.econbiz.de/10014397030
This paper reviews economic developments in Latvia during 1993–94. During 1994, Latvia began to enjoy the fruits of its …
Persistent link: https://www.econbiz.de/10014397298
This paper reviews economic developments in Latvia during 1994–96. The paper highlights that developments during this … facing Latvia. It analyzes the environment for the private-sector development, and reviews interest rate developments …
Persistent link: https://www.econbiz.de/10014397303