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Republic Of Lithuania 2007 Article Iv Consultation
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Book Synopsis Republic of Lithuania by : International Monetary Fund
Download or read book Republic of Lithuania written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-04-03 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2007 Article IV Consultation discusses the Republic of Lithuania's economic developments and policy challenges. Lithuania has done well in the past years to improve its investment climate and ranks high on most measures of doing business. Enhancing flexibility is important because a quick response to changing European demand is key to maintaining the competitive advantage of Lithuanian producers. The income catch-up potential remains large, and the Lithuanian economy has demonstrated resilience to shocks and the ability to climb the technology and quality ladder.
Book Synopsis Republic of Lithuania, Staff Report for the ... Article IV Consultation by :
Download or read book Republic of Lithuania, Staff Report for the ... Article IV Consultation written by and published by . This book was released on 2009 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Republic of Lithuania: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Lithuania by : International Monetary
Download or read book Republic of Lithuania: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Lithuania written by International Monetary and published by International Monetary Fund. This book was released on 2021-09 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a demonstrated resilience to the crisis and the recovery gaining strength, macroeconomic policies should aim at preserving stability and complementing structural reforms that address long-standing challenges. A medium-term plan to rebuild buffers, support potential growth, and target pockets of vulnerability would help address pre-existing disparities and poverty. Sustained productivity growth, supported by the implementation of politically difficult but needed structural reforms, is the only way to support high wage growth and convergence with Western Europe. Failure to do so could jeopardize Lithuania’s hard-earned competitiveness gains.
Book Synopsis Public Investment, Growth and Fiscal Constraints by : Massimo Florio
Download or read book Public Investment, Growth and Fiscal Constraints written by Massimo Florio and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes a unique contribution in advancing understanding of the fiscal condition and growth potential of the New Member States of the European Union. It provides new data, policy evaluation, and offers national and regional perspectives. The core research questions are the effect of public investment in the context of macroeconomic disequilibrium and how it is possible to finance capital accumulation in the present and future conditions of mounting public sector debt. The contributors reveal that there is now a convincing case for public investment as an essential driver of convergence and growth in Europe. However, a new international and inter-generational fiscal pact to frame a more optimistic view of the role of government is needed. This book explores how public investment matters for growth, how fiscal conditions may support investment, and the role EU regional policy can have in terms of structural change and investment needs. Public Investment, Growth and Fiscal Constraints provides new data analyses on the EU New Member States in Central and Eastern Europe making it an essential tool for academics, students and practitioners interested in public finance and European Economics. The structural and public finance issues in these former transition economies raised in this book will also strongly appeal to policymakers, officials and consultants. The book is based on an independent research project of the University of Milan, supported by the European Investment Bank.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 : Total Pages :76 pages Book Rating :4.4/5 (2 download)
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 2023-09-05 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: The strong post-pandemic recovery led to demand driven inflationary pressures. Supply side bottlenecks and large increases in commodity prices after Russia’s invasion of Ukraine compounded these pressures and resulted in high and persistent inflation. The negative impact on disposable income, higher interest rates and weaker external demand have led to a deterioration of economic activity. If high inflation becomes entrenched, it will erode competitiveness and slow the successful convergence process. The financial system has ample liquidity and capital buffers to address the weakening economic cycle. Higher interest rates have boosted banks’ profitability, but they also bring significant risks.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1513509233 Total Pages :60 pages Book Rating :4.5/5 (135 download)
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 2019-07-31 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation highlights that the Lithuanian economy has continued to enjoy a strong macroeconomic and fiscal performance, but long-term challenges remain largely unaddressed. The continued strong economic performance suggests that a neutral fiscal stance would have been preferable in the year 2019. The report discusses that Lithuania needs sustained productivity gains to ensure higher living standards and convergence with Western Europe. Macroeconomic and financial stability is a prerequisite for sustained growth and has been achieved through prudent policies and labor market flexibility. Nevertheless, significant and well-identified structural challenges have yet to be addressed with ambitiously designed and decisively implemented productivity-enhancing reforms. The current expansionary cyclical environment and strong fiscal and external positions provide an ideal opportunity to address these challenges. Fintech provides big opportunities to improve financial services and produce high-skill jobs; however, it also brings challenges, particularly related to antimoney laundering. The authorities’ efforts to promote fintech are already delivering results.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451825153 Total Pages :118 pages Book Rating :4.4/5 (518 download)
Book Synopsis Republic of Moldova by : International Monetary Fund
Download or read book Republic of Moldova written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-04-25 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Moldova showed improved growth prospects and decline in poverty despite a series of consecutive shocks under the economic program. Executive Directors commended the balanced macroeconomic policies and urged to maintain macroeconomic stability. They also appreciated the strong monetary policy by National Bank of Moldova (NBM), disciplined fiscal policies, financial sector stability and consolidation of education and health care networks, and stressed the need to strengthen tax administration while maintaining the deficit target. The need for modernization of energy sector and effective implementation of Anti Money Laundering and Combating the Financing of Terrorism (AML/CLT) law were also found to be essential.
Book Synopsis Republic of Estonia: 2021 Article IV Consultation-Press Release; and Staff Report by : International Monetary
Download or read book Republic of Estonia: 2021 Article IV Consultation-Press Release; and Staff Report written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-21 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic performance and buffers were strong when the COVID-19 pandemic hit. Economic and social restrictions instituted in March 2020 helped slow new infections and mitigate negative health outcomes but triggered a deep decline in activity in Q2:2020. The slump was followed by a strong rebound in Q3 as the restrictions were eased. With the resurgence of the virus, pressures on the health system peaked in late-March 2021 and eased after a new round of restrictions. Going forward, the outlook is for a near-term economic recovery subject to large two-way risks. The strength and durability of the recovery hinges on the evolution of the health situation and the extent of economic scarring from the pandemic.
Book Synopsis Republic of Poland by : International Monetary Fund
Download or read book Republic of Poland written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-04-18 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: The external sector has an increasing drag on the economy. The current account deficit remains fully financed by FDI, and the underlying balance is consistent with external-debt stabilizing levels. The stock market retrenchment has been severe, but it followed substantial gains since 2006. Stress tests show that resilience of the banking system is well capitalized and highly profitable. Executive Directors stressed that the key to boosting long-term growth will be to increase low labor market participation. The financial supervision authority should give priority to formalizing understandings.
Book Synopsis Republic of Estonia by : International Monetary Fund
Download or read book Republic of Estonia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-07-30 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Republic of Estonia’s 2007 Article IV Consultation reports that surging domestic demand has widened the external current account deficit and pushed the economy against capacity constraints. Wage increases have begun to erode competitiveness and kept inflation above the Maastricht threshold for euro adoption. There are signs of an incipient slowdown, but a resurgence of demand and an eventual hard landing, with growth stagnating, cannot be ruled out. A strong fiscal stance is needed to subdue wage and income expectations and improve the odds of a soft landing.
Book Synopsis Republic of Latvia: 2010 Article IV Consultation Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia by : International Monetary Fund
Download or read book Republic of Latvia: 2010 Article IV Consultation Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-12-09 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy efforts in Latvia have supported stabilization. Immediate risks are much lower, but medium-term challenges remain. The government should focus on durable spending cuts, but revenue measures may also be required. Efforts to strengthen regulation and supervision to improve financial stability, including reducing reliance on wholesale external funding, is commended. With monetary and fiscal policy constrained by the fixed exchange rate and the need to reduce the deficit, growth depends on structural reform. While economic and financial conditions are much improved, risks remain significant.
Book Synopsis Republic of Montenegro by : International Monetary Fund
Download or read book Republic of Montenegro written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-02-04 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic expansion in Montenegro is proceeding at full strength. The economy is overheating. Rapid credit growth is overstretching banks, and has contributed to ballooning asset prices. Eroding competitiveness is a concern. Management of the boom falls on fiscal policy. Tax cuts have been procyclical and potentially destabilizing. Fiscal risks need to be contained. The main focus of credit policy should be to strengthen banking sector supervision. Completing the transition to a market economy should be kept at the top of the policy agenda.
Book Synopsis How Emerging Europe Came Through the 2008/09 Crisis by : Mr.Bas B. Bakker
Download or read book How Emerging Europe Came Through the 2008/09 Crisis written by Mr.Bas B. Bakker and published by International Monetary Fund. This book was released on 2012-08-25 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging Europe was particularly hard hit by the global financial crisis, but a concerted effort by local policymakers and the international community staved off impending financial meltdown and laid the foundations for renewed convergence with western Europe. This book, written by staff of the IMF's European Department that worked on the region at the time, provides a unique account of events: the origins of the crisis and the precrisis policy setting; the crisis trigger and the scramble to avoid the worst; the stabilization and recovery; the remaining challenges; and the lessons for the future. Five regional chapters provide the analytics to put events into perspective. Dedicated chapters for all 19 countries of the region dig deeper into the idiosyncrasies of each economy and provide extensive economic data. A final chapter distills the lessons from the overall regional experience and the wide intraregional diversity. Taken together, they make this book an indispensible reference for economic scholars of the region and beyond.
Book Synopsis Fiscal Impulse by : Mr.Mark Scott Lutz
Download or read book Fiscal Impulse written by Mr.Mark Scott Lutz and published by International Monetary Fund. This book was released on 1991-09-01 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of fiscal impulse is defined, discussed, and differentiated from measures that attempt to summarize the macroeconomic effects of fiscal policy. Two methodologies are briefly discussed and their corresponding measures presented for the G-7 countries over the ten-year period ending in 1989. Controversies about the measure are highlighted and potential improvements are also discussed.
Book Synopsis OECD Public Governance Reviews Lithuania: Fostering Open and Inclusive Policy Making by : OECD
Download or read book OECD Public Governance Reviews Lithuania: Fostering Open and Inclusive Policy Making written by OECD and published by OECD Publishing. This book was released on 2015-08-04 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review analyses open government principles and practices in Lithuania with the aim to support the government of Lithuania in its current and future public governance reforms.
Book Synopsis Republic of Moldova, ... Article IV Consultation, ... Review Under the Three-year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria by :
Download or read book Republic of Moldova, ... Article IV Consultation, ... Review Under the Three-year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria written by and published by . This book was released on 2008 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Republic of Serbia by : International Monetary Fund
Download or read book Republic of Serbia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-02-05 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Serbian economy has continued to grow strongly, but external imbalances have widened along with vulnerabilities. To contain domestic demand, fiscal surpluses are needed, until the benefits of structural reforms are reaped. Low inflation should be entrenched by adoption of inflation targeting once government support and sound fiscal policies are in place. Competitiveness should be restored through corporate restructuring and wage moderation. Accelerating structural reforms is the key. Financial stability risks have been managed by building adequate buffers. The supervisory framework should continue to be strengthened.
