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Republic of Latvia 2012 Article IV Consultation and Second Post-Program Monitoring Discussions

Latvia has rebounded from the crisis, after successfully undertaking a difficult adjustment program. The recovery has been well balanced between external and domestic demand. The labor market is improving but unemployment is still high. Past consolidation efforts have brought down the fiscal deficit...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Staff Country Reports
Subjects:
Public Debt
Monetary Economics
Micro Finance Institutions
Finance
Debt
Banking
Fiscal Stance
Macroeconomics
Sovereign Debt
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Exports And Imports
Credit
Industries: Financial Services
Debt Management
External Debt
Debts, External
Public Finance
Money And Monetary Policy
Banks
Mortgages
International Economics
Current Account Adjustment
Financial Institutions
Depository Institutions
International Lending And Debt Problems
Short-term Capital Movements
Fiscal Policy
Loans
Public Finance & Taxation
Debts, Public
Money
Banks And Banking
British Virgin Islands
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Latvia has rebounded from the crisis, after successfully undertaking a difficult adjustment program. The recovery has been well balanced between external and domestic demand. The labor market is improving but unemployment is still high. Past consolidation efforts have brought down the fiscal deficit. The banking system is recovering. Nonresident deposits in the banking system have been expanding rapidly. Economic growth is expected to weaken slightly in 2013, before picking up later. Euro adoption in 2014 appears within reach, subject to some technical uncertainties
Physical Description:70 pages
ISBN:9781475519839

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