Showing 1 - 10 of 290
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/10005591344
While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits. This paper estimates the structural component of the jobless rate in the three Baltic countries and analyzes its causes. Our main findings are that the current still elevated...
Persistent link: https://www.econbiz.de/10010959461
€”Estonia, Latvia, and Lithuania. It identifies common features and common challenges, and discusses policies—both national and jointâ …
Persistent link: https://www.econbiz.de/10011244182
This Selected Issues paper focuses on sustainability of public finances and low inflation in Lithuania. Lithuania aims … to adopt the euro in 2015. Over the medium term, inflation in Lithuania will likely run somewhat higher than in the euro … favorable, and Lithuania has demonstrated the ability to deliver adjustment when needed without recourse to exchange rate …
Persistent link: https://www.econbiz.de/10011244839
This Selected Issues paper focuses on the Baltic model, Baltic–Nordic links, and convergence. The Baltic countries form a distinct group within a tightly integrated Nordic–Baltic region. They are following similar approaches to economic policy, broadly in line with those of...
Persistent link: https://www.econbiz.de/10011244869
This 2014 Article IV Consultation highlights that Lithuania’s economy has entered a broadly favorable trajectory of healthy and balanced growth, but income convergence with Western Europe has a long way to go. With inflation at historical lows and well-advanced repair of public finances...
Persistent link: https://www.econbiz.de/10011244988
macroeconomic growth in Lithuania. The IMF report discusses the requirement of fiscal consolidation to fully rebuild fiscal space …
Persistent link: https://www.econbiz.de/10011245185
Persistent link: https://www.econbiz.de/10005264258
Persistent link: https://www.econbiz.de/10005826700
The aim of this empirical study is to describe and provide analysis on the experience of managing capital flows in Iceland and the Baltic countries. During the build-up of the crisis, there were shortcomings in macroeconomic policies and in the policy mix, as well as in financial supervision in...
Persistent link: https://www.econbiz.de/10010790271