Republic of Latvia

Republic of Latvia PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451824513
Category : Business & Economics
Languages : en
Pages : 66

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Book Description
This 2003 Article IV Consultation highlights that the Republic of Latvia has enjoyed continued strong economic performance since the last Article IV Consultation in January 2002. Real GDP growth was 7.9 percent in 2001 and 6.1 percent in 2002; growth has been led by investment and, more recently, consumption. Real per capita GDP now stands some 50 percent above its 1995 level. Inflation remains low and was under 11⁄2 percent in 2002. The current account deficit rose to nearly 10 percent of GDP in 2001, partly reflecting stagnant external demand and one-time factors.

Republic of Latvia

Republic of Latvia PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451824513
Category : Business & Economics
Languages : en
Pages : 66

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Book Description
This 2003 Article IV Consultation highlights that the Republic of Latvia has enjoyed continued strong economic performance since the last Article IV Consultation in January 2002. Real GDP growth was 7.9 percent in 2001 and 6.1 percent in 2002; growth has been led by investment and, more recently, consumption. Real per capita GDP now stands some 50 percent above its 1995 level. Inflation remains low and was under 11⁄2 percent in 2002. The current account deficit rose to nearly 10 percent of GDP in 2001, partly reflecting stagnant external demand and one-time factors.

Republic of Latvia, Staff Report for the ... Article IV Consultation

Republic of Latvia, Staff Report for the ... Article IV Consultation PDF Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 74

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Book Description


Republic of Latvia: 2010 Article IV Consultation Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia

Republic of Latvia: 2010 Article IV Consultation Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1455212792
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
Policy efforts in Latvia have supported stabilization. Immediate risks are much lower, but medium-term challenges remain. The government should focus on durable spending cuts, but revenue measures may also be required. Efforts to strengthen regulation and supervision to improve financial stability, including reducing reliance on wholesale external funding, is commended. With monetary and fiscal policy constrained by the fixed exchange rate and the need to reduce the deficit, growth depends on structural reform. While economic and financial conditions are much improved, risks remain significant.

Czech Republic: 2005 Article IV Consultation Staff Report and Public Information Notice on the Executive Board Discussion

Czech Republic: 2005 Article IV Consultation Staff Report and Public Information Notice on the Executive Board Discussion PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451810237
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
This 2005 Article IV Consultation highlights that recent accession to the European Union and gains in growth performance reinforced the Czech Republic’s position as one of the most open and developed economies among the new member states. Thanks to substantial foreign direct investment, its manufacturing sector is closely integrated into cross-border production networks, and foreign-owned firms now account for most of industrial exports. Banking sector indicators are positive, and bank lending—led by credit to households—continue to rebound. Past restructuring and improved risk management have also strengthened banks.

Publications Catalog

Publications Catalog PDF Author: International Monetary Fund
Publisher:
ISBN:
Category : International finance
Languages : en
Pages : 154

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Book Description


The Republic of Latvia

The Republic of Latvia PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451824459
Category : Business & Economics
Languages : en
Pages : 67

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Book Description
This 2001 Article IV Consultation highlights that Latvia has enjoyed a strong economic performance since the last Article IV Consultation in June 2000. Real GDP growth was 61⁄2 percent in 2000 and accelerated to 83⁄4 percent in the first half of 2001; growth has been led primarily by investment. Inflation has remained low at 3 percent in 2000 and 2001. Market sentiment toward Latvia remains favorable, as evidenced by the relatively low yield spread on Latvia’s first Eurobond and by the successful issue, in November 2001, of a second Eurobond.

The Baltics

The Baltics PDF Author: Mr.Yuan Xiao
Publisher: International Monetary Fund
ISBN: 9781589063266
Category : Business & Economics
Languages : en
Pages : 90

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Book Description
Large current account deficits in Estonia and Latvia, and the continued real appreciation of the exchange rate in Lithuania, have prompted concerns about the competitiveness of the Baltic economies, and called into question the sustainability of their current fixed exchange rate arrangements. Recent external performance, however, appears to be explained more by temporary or cyclical developments than by a deterioration in the underlying competitive position of the Baltic economies. This book assesses the competitive position of the Baltic countries and focuses, in particular, on the viability of the countries’ strategy of maintaining their fixed exchange rates on joining the European Union, participating in its exchange rate mechanism, and then adopting the euro at the earliest possible date.

Capital Markets and Financial Intermediation in The Baltics

Capital Markets and Financial Intermediation in The Baltics PDF Author: Niamh Sheridan
Publisher: International Monetary Fund
ISBN: 9781589062726
Category : Business & Economics
Languages : en
Pages : 48

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Book Description
In just over a decade after independence, the three Baltic countries, Estonia, Latvia, and Lithuania, have transformed themselves into fully functioning, small open-market economies that will be joining the European Union. Capital Markets and Financial Intermediation in The Baltics analyzes the financial systems of the three countries and discusses some of their unique characteristics. The study also examines current distortions of the systems and discusses whether or not the Baltics should move from an almost exclusively bank-based system to one that relies more on capital markets. In the process, it addresses issues of corporate governance and regional integration.

IMF Survey

IMF Survey PDF Author: International Monetary Fund
Publisher:
ISBN:
Category : International finance
Languages : en
Pages : 734

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Book Description


EU Accession - Financial Sector Opportunities and Challenges for Southeast Europe

EU Accession - Financial Sector Opportunities and Challenges for Southeast Europe PDF Author: Ingrid Matthäus-Maier
Publisher: Springer Science & Business Media
ISBN: 9783540234265
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
A distinguished international group of central bankers, commercial bankers, entrepreneurs, academic advisors, policymakers, and representatives of development finance organizations and donor agencies, brought together by KfW, examines in this book the future of financial sector development in Southeast Europe. They explore ways to strengthen the banking sector in Southeast Europe, further promote SMEs, and improve access to financial services in the region. Experts and decision-makers assess the opportunities and challenges presented by the EU accession process and Basel II, and offer candid insight into the expanding role of the private sector in developing the financial landscape. The perspectives presented in this book will prompt discussion and intellectual exchange that will serve as a new starting point for further successful cooperative initiatives.