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Discretion with Rules? Lessons from the Currency Board Arrangement in Lithuania
Camard, Wayne W. - International Monetary Fund (IMF) - 1996
Persistent link: https://www.econbiz.de/10005826700
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Toward A Sustainable and Inclusive Consolidation in Lithuania; Past Experience and What is Needed Going Forward
Geng, Nan - International Monetary Fund (IMF) - 2013
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 …
Persistent link: https://www.econbiz.de/10011242296
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Republic of Lithuania; Selected Issues
International Monetary Fund (IMF); International … - 2013
This Selected Issues paper discusses Lithuania’s efforts towards a sustainable and inclusive consolidation. Lithuania …
Persistent link: https://www.econbiz.de/10011243022
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Baltic Cluster Report: 2014 Cluster Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Baltic Countries
International Monetary Fund (IMF); International … - 2014
€”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
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Republic of Lithuania: Selected Issues
International Monetary Fund (IMF); International … - 2014
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
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Baltic Cluster Report: Selected Issues
International Monetary Fund (IMF); International … - 2014
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
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Republic of Lithuania: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Republic of Lithuania
International Monetary Fund (IMF); International … - 2014
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
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Republic of Lithuania: 2013 Article IV Consultation; Staff Report, Information Annex, Public Information Notice, Statement by the Executive Director
International Monetary Fund (IMF); International … - 2013
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
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Assessing the Variability of Tax Elasticities in Lithuania
Poghosyan, Tigran - International Monetary Fund (IMF) - 2011
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 …
Persistent link: https://www.econbiz.de/10009370556
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Baltic and Icelandic Experiences of Capital Flows and Capital Flow Measures
Groenn, Audun; Fredholm, Maria Wallin - International Monetary Fund (IMF) - 2013
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