European Parliament Library

Republic of Lithuania :, Selected Issues

Abstract
This Selected Issues paper discusses Lithuania’s efforts towards a sustainable and inclusive consolidation. Lithuania has implemented fiscal measures amounting to 17 percent of GDP during 2009–2012, about half of which were frontloaded in 2009. The report shows that Lithuania’s tax system, in comparison with other European Union member countries, is skewed toward labor and consumption taxes and plays a more limited role in income redistribution, especially in the upper-income brackets. It is highlighted that the country’s fiscal adjustment since 2009 has relied mainly on expenditure measures
Table Of Contents
Cover; CONTENTS; TOWARD A SUSTAINABLE AND INCLUSIVE CONSOLIDATION IN LITHUANIA: PAST EXPERIENCE AND WHAT IS NEEDED GOING FORWARD; A. Introduction; B. The Composition of Lithuania's Fiscal Consolidation (2009-12); FIGURES; 1.Composition of Cumulative Fiscal Adjustment After Crisis: Revenue vs. Expenditure-Based; 2. Structure of Expenditure-Based Measures in Lithuania (2009-12); 3. Structure of Revenue-Based Measures in Lithuania (2009-12); 4. Composition of Fiscal Adjustment Since 2009: Permanent vs. Temporary; C. Lithuania's Fiscal Experience: a Cross-Country Perspective
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (19 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9780148439719

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