European Parliament Library

Republic of Lithuania :, Staff Report for the 2006 Article IV Consultation

Abstract
This 2006 Article IV Consultation highlights that following exceptional economic progress, based on macroeconomic stability and economic flexibility, imbalances and cautionary signals have emerged for Lithuania. Centered around nontraded goods production, GDP grew 7.5 percent in 2005. Most indicators suggest a tightening of resource use: a declining unemployment rate, high capacity utilization, and buoyant asset prices. The current account deficit has remained sizable, with significant reliance on bank and market-based financing to cover it. Rapid credit growth has supported a growing household appetite for mortgages and corporate demands in nontraded sectors
Table Of Contents
""Contents""; ""EXECUTIVE SUMMARY""; ""I. INTRODUCTION ""; ""II. RECENT ECONOMIC DEVELOPMENTS""; ""III. DISCUSSIONS WITH THE AUTHORITIES ""; ""IV. STAFF APPRAISAL""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (55 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613731142

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