Based on the analytical framework of the structure-conduct-performance paradigm of the theory of industrial organisation, the paper analyses economic conditions that determine the degree of competitiveness in the Lithuanian dairy and sugar industry. The study is based on information from milk...

Part of Lithuania's inheritance from the centrally planned economy of the former Soviet Union is its inefficient food processing sector, which bears much responsibility for the low competitiveness of domestic vis-à-vis imported food products. This harms the food industry itself as well as the...

Despite significant progress in recent years, horizontal and vertical integration of the Lithuanian milk sector is not very much advanced. The primary sector is characterised by small-scale farming, the fragmentation of farmland and a low number of livestock per farms. These features cause...

Seit der wiedergewonnenen Unabhängigkeit führen die baltischen Staaten tiefgreifende Reformen durch und verfolgen zielstrebig die EU- und NATO-Mitgliedschaft. Sie sind Beispiele einer erfolgreichen Transformation, was auch die jüngsten Fortschrittsberichte der Europäischen Kommission...

One of the main disadvantages of currency boards is the rule-based character of this system and the resulting inflexibility in case of shocks, a frequently recurring event in transition countries. Accordingly, central banks under currency board arrangements (CBA) are unable to respond to...