Republic of Lithuania: Staff Report for the 2007 Article IV Consultation

Author: International Monetary Fund

Volume/Issue: Volume 2007 Issue 136

Publication date: April 2007

ISBN: 9781451824148

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Labor , Money and Monetary Policy , Public Finance , ISCR , CR , GDP , EU funds , deficit , euro adoption , aggregate stress tests , unemployment rate , IMF's view , short-term debt , private sector , GDP deflator , Credit , Loans , Wages , Central and Eastern Europe

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Republic of Congo : 2001 Article IV

Summary

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.