Republic of Latvia

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513510053
Total Pages : 72 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Republic of Latvia by : International Monetary Fund. European Dept.

Download or read book Republic of Latvia written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2019-08-07 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyses the implications of global value chains (GVC) participation for Latvia’s competitiveness and exposure to risks. Using a structural model, it assesses Latvia’s competitiveness through different real effective exchange rate (REER) measures and examines the main factors behind differences in the measures. Based on this analysis, the paper suggests policy options to strengthen Latvia’s competitiveness. The paper also estimates the impact of an appreciation of the GVC related REER measure on value added export growth and real GDP growth, and finds sizable effects, suggesting that a rapid labor market tightening could lead to erosion in competitiveness and reduction in growth. Finally, trade tension induced tariff hikes may have significant cost for Latvia, especially in terms of value added produced in the country. Trade tension induced tariff hikes are likely to have moderate costs for Latvia in terms of value added produced in the country. In this regard, policies aimed at enhancing product sophistication or quality and export market diversification could mitigate Latvia’s exposure to trade shocks in GVCs.

Republic of Latvia

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484357515
Total Pages : 38 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Republic of Latvia by : International Monetary Fund. European Dept.

Download or read book Republic of Latvia written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-05-04 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines the prospects for Latvia continuing to rapidly reduce its distance from the productivity frontier. It looks at the empirical record of countries that have in the past attained a similar relative level of income to that of Latvia at present, to gauge the plausibility of the forecast for Latvia’s medium term GDP growth of about 4 percent per year. It highlights that more than one-third of the countries reaching a similar stage of development managed to sustain higher subsequent growth. The paper also confirms the importance of investment and structural reforms for Latvia’s future convergence, using a sector-level analysis.

Republic of Latvia

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Republic of Latvia by : International Monetary

Download or read book Republic of Latvia written by International Monetary and published by International Monetary Fund. This book was released on 2022-08-23 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues

Republic of Latvia

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (713 download)

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Book Synopsis Republic of Latvia by : Francesco Luna

Download or read book Republic of Latvia written by Francesco Luna and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of Latvia

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Author :
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis Republic of Latvia by :

Download or read book Republic of Latvia written by and published by . This book was released on 2006 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of Latvia: Selected Issues

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis Republic of Latvia: Selected Issues by : Francesco Luna

Download or read book Republic of Latvia: Selected Issues written by Francesco Luna and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of Latvia

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498304478
Total Pages : 35 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Republic of Latvia by : International Monetary Fund. European Dept.

Download or read book Republic of Latvia written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-06-16 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this paper is to examine selected issues related to Latvia’s economic development. Latvia experienced a large macroeconomic adjustment in the aftermath of the crisis in 2007. The adjustment was characterized by internal devaluation via a combination of wage restraint and productivity gains. Latvia’s creditless recovery has taken unusually long to turn compared to international experience. Although lack of credit has not undermined recovery so far, support from the financial sector will be crucial for its continuation going forward. Emphasis on resuscitating credit growth is key to maintaining recovery. Focus should be on facilitating access to credit for small- and medium-sized enterprises and first-time borrowers, where market failures are the largest.

Republic of Latvia: Selected Issues

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Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451824599
Total Pages : 64 pages
Book Rating : 4.8/5 (245 download)

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Book Synopsis Republic of Latvia: Selected Issues by : International Monetary Fund

Download or read book Republic of Latvia: Selected Issues written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2006-10-12 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The external imbalances that accompanied Latvia's integration into the global economy have generated mixed effects. Stabilizing net foreign liabilities will require an improvement in the goods and services balance. Outward migration from Latvia has raised concerns about social and economic stresses that could intensify in the near future if labor flow increases. Several steps have to be taken to mitigate any adverse consequences of outward migration. The purpose of this paper is to examine macroeconomic and prudential aspects of the rapid growth of lending in Latvia.

Latvia

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451824416
Total Pages : 146 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Latvia by : International Monetary Fund

Download or read book Latvia written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-06-04 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper and Statistical Appendix highlights that the real GDP growth in Latvia accelerated in the second half of 1997, and is estimated at 6 percent for the year. Growth was broad-based, with particularly strong performance in the services sector and construction, and has been led by increased investment, with real capital formation rising by an estimated 10 percent, and enhanced efficiency. Reflecting the strong economic growth, official unemployment has begun to decline, falling from 71⁄2 percent in mid-year to 6.7 percent at end-January 1998.

Republic of Latvia

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Author :
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (457 download)

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Book Synopsis Republic of Latvia by :

Download or read book Republic of Latvia written by and published by . This book was released on 2000 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Latvia, Selected Issues and Statistical Appendix

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Author :
Publisher :
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Latvia, Selected Issues and Statistical Appendix by :

Download or read book Latvia, Selected Issues and Statistical Appendix written by and published by . This book was released on 1998 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of Latvia

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Publisher :
ISBN 13 : 9780119865189
Total Pages : 88 pages
Book Rating : 4.8/5 (651 download)

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Book Synopsis Republic of Latvia by : Jerald Schiff

Download or read book Republic of Latvia written by Jerald Schiff and published by . This book was released on 2001-01 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report: Selected Issues and Statistical Appendix was prepared by staff from the International Monetary Fund as background documentation for the periodic consultation with Latvia. Papers discuss: developments and prospects of nonbank financial institutions; foreign direct investment; privatisation. Tables illustrate the text. Further tables give basic data, economic and financial statistics.

Republic of Latvia

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451824408
Total Pages : 122 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Republic of Latvia by : International Monetary Fund

Download or read book Republic of Latvia written by International Monetary Fund and published by International Monetary Fund. This book was released on 1997-01-23 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews economic developments in Latvia during 1994–96. The paper highlights that developments during this period have been dominated by the after-effects of the fiscal slippage in 1994 and the banking crisis in 1995, although there are signs of a recovery from these adverse episodes. The paper provides an in-depth analysis of selected economic issues facing Latvia. It analyzes the environment for the private-sector development, and reviews interest rate developments, focusing in particular on the treasury-bill market.

Republic of Lithuania

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Author :
Publisher : International Monetary Fund
ISBN 13 : 148437505X
Total Pages : 36 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Republic of Lithuania by : International Monetary Fund. European Dept.

Download or read book Republic of Lithuania written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-05-08 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 area on average, but this will be driven by continuing income convergence. The long-term inflation track record is favorable, and Lithuania has demonstrated the ability to deliver adjustment when needed without recourse to exchange rate depreciation. The benign outlook for public finances and inflation is contingent on historical patterns of economic policymaking and private sector behavior remaining in place after euro adoption.

Latvia, Selected Issues and Statistical Appendix

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Author :
Publisher :
ISBN 13 :
Total Pages : 94 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Latvia, Selected Issues and Statistical Appendix by :

Download or read book Latvia, Selected Issues and Statistical Appendix written by and published by . This book was released on 2000 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How Latvia Came Through the Financial Crisis

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Author :
Publisher : Peterson Institute
ISBN 13 : 088132602X
Total Pages : 159 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis How Latvia Came Through the Financial Crisis by : Anders Åslund

Download or read book How Latvia Came Through the Financial Crisis written by Anders Åslund and published by Peterson Institute. This book was released on 2011 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latvia stands out as the East European country hardest hit by the global financial crisis; it lost approximately 25 percent of its GDP between 2008 and 2010. It was also the most overheated economy before the crisis. But in the second half of 2010, Latvia returned to economic growth. How did this happen so quickly? Current Latvian Prime Minister Valdis Dombrovskis, who shepherded Latvia through the crisis, and renowned author Anders slund discuss why the Latvian economy became so overheated; why an IMF and European Union stabilization program was needed; what the Latvian government did to resolve the financial crisis and why it made these choices; and what the outcome has been. This book offers a rare insider's look at how a national government responded to a global financial crisis, made tough choices, and led the country back to economic growth.

Republic of Estonia: Selected Issues

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513588176
Total Pages : 20 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Republic of Estonia: Selected Issues by : International Monetary

Download or read book Republic of Estonia: Selected Issues written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-21 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues