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In the less than four years since Lithuanian independence, trade and trade policy have changed rapidly; and longer run tendencies in policies and trade patterns are beginning to emerge. This paper provides a brief overview of the traditional prereform trading arrangements and reviews the key...
Persistent link: https://www.econbiz.de/10008646569
Lithuania is one of three Baltic republics. Its area is 25.2 thousand square miles and it has a total population of 3.72 million people. The republic is currently moving towards independence. There are numerous political changes as a result. One outcome of these political changes is the reform...
Persistent link: https://www.econbiz.de/10008646570
Privatization has proceeded at a fairly rapid pace in Lithuania. By 1995, more than half of the cropland was managed by private farms and personal plots. Most of the remaining land was managed by various forms of partnerships. The input supply, processing, distribution, and retail enterprises...
Persistent link: https://www.econbiz.de/10008646595
The two related papers in this report were prepared for two conferences in Estonia in May 1993. The first paper (Saku) discusses alternative policy directions for Lithuanian agriculture and provides a qualitative assessment of these options. The second paper (Tartu) uses a simulation model for...
Persistent link: https://www.econbiz.de/10008646603
The Baltic Republics have undertaken extensive price reforms for food and agricultural products. Higher producer and consumer prices, accompanied by wage increases and income subsidies to offset higher prices, are expected to improve market efficiency. The goal is to move toward private...
Persistent link: https://www.econbiz.de/10008646624
This paper reviews the price subsidy reforms in each of the Baltic States from 199 to 1992 and provides a comparison of the differing decisions and preliminary results. Although price levels and compensation mechanisms differ, the pattern in all three states is to let negotiations between...
Persistent link: https://www.econbiz.de/10008646632
The Baltic Republics have undertaken extensive price reforms for food and agricultural products. Higher producer and consumer prices, accompanied by wage increases and income subsidies to offset higher prices, are expected to improve market efficiency. The goal is to move toward private...
Persistent link: https://www.econbiz.de/10008646648
Experiences in transition economies have shown that the simultaneity of macroeconomic and sectoral reforms is important to the success of both. In Lithuania, macroeconomic, agrarian, and other sectoral reforms were implemented concurrently. Real wages and income have declined sharply, inflation...
Persistent link: https://www.econbiz.de/10008646651
Lithuania has been progressing rapidly in the privatization of agriculture and the development of market economy mechanisms. An important component of the transition reforms has been the deregulation of input, farm, and consumer prices. The context, processes, and results of the price policies...
Persistent link: https://www.econbiz.de/10008646653
All or most of the Central and East European Countries (CEECs), including Estonia, Latvia, and Lithuania, are waiting for, and are at various stages of preparing for, integration with the European Union (EU). It is no longer a question of whether this will occur, but rather a question of when...
Persistent link: https://www.econbiz.de/10008646669