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Republic of Lithuania Staff Report for the 2004 Article IV Consultation

This 2004 Article IV Consultation highlights that impressive growth continued unabated in Lithuania in 2004. GDP expanded by an estimated 6¾ percent in 2004, driven by vigorous private consumption and investment growth. The unemployment rate declined to 10½ percent of the labor force but bottlenecks...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Public Debt
Short-term Capital Movements
Public Finance & Taxation
Monetary Economics
Debt Management
Current Account Adjustment
Fiscal Policy
Debts, Public
Balance Of Payments
Debt
Currency
Exports And Imports
International Lending And Debt Problems
International Economics
External Debt
Debts, External
National Government Expenditures And Related Policies: General
Sovereign Debt
Expenditure
Foreign Exchange
Expenditures, Public
Macroeconomics
Public Finance
Money And Monetary Policy
Current Account Deficits
Lithuania, Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 2004 Article IV Consultation highlights that impressive growth continued unabated in Lithuania in 2004. GDP expanded by an estimated 6¾ percent in 2004, driven by vigorous private consumption and investment growth. The unemployment rate declined to 10½ percent of the labor force but bottlenecks have developed in certain sectors, exacerbated by migration flows to the European Union (EU) and the United States. Structural reforms continued in 2004, but deeper reforms remain necessary to keep Lithuania on a real convergence path with the EU.
Physical Description:54 pages
ISBN:9781451824117

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