IMF Staff Country Reports

Lithuania: Recent Economic Developments

August 26, 1996

Preview Citation

Format: Chicago

Lithuania: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed November 21, 2024

Summary

This paper reviews economic developments in Lithuania during 1993–96. Economic growth resumed in 1994 and gained further momentum in 1995; real GDP increased by an estimated 3 percent in 1995. Growth in 1995 was driven by the industrial sector, while agriculture performed poorly. The immediate effects of the banking problems on economic activity, and on other macroeconomic developments, have been limited. Data on industrial production and retail trade indicate continued growth in the first part of 1996.

Subject: Banking, Currency boards, Exchange rates, Foreign exchange, Inflation, Prices, Real exchange rates, Tariffs, Taxes

Keywords: Anti-inflation policy, Baltics, CR, Currency boards, Disinflation effort, Exchange rates, Government, Government institution, Government operation, Government ownership, Government program, Inflation, ISCR, Lithuanian authorities, National income, Nominal exchange rate, Price level, Real exchange rates, Tariffs

Publication Details

  • Pages:

    97

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1996/072

  • Stock No:

    1LTUEA0011996

  • ISBN:

    9781451823929

  • ISSN:

    1934-7685

You May Also Be Interested In...

Kiribati: Agricultural Subsidies for Copra: Improving Efficiency and Equity and Balancing Trade-offs

November 21, 2024

Managing Tax Incentives in Developing Countries

November 21, 2024

EBA-Lite 3.0 Model and Methodology

November 18, 2024

Quarterly Projection Model for the Bank of Ghana: Extensions and Applications

November 15, 2024