Republic of Lithuania: Selected Issues

Publication Date: May 08, 2014
Electronic Access: Free Full text (PDF file size is 711KB).
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Summary: This Selected Issues paper focuses on sustainability of public finances and low inflation in Lithuania. Lithuania aims to adopt the euro in 2015. Over the medium term, inflation in Lithuania will likely run somewhat higher than in the euro area on average, but this will be driven by continuing income convergence. The long-term inflation track record is favorable, and Lithuania has demonstrated the ability to deliver adjustment when needed without recourse to exchange rate depreciation. The benign outlook for public finances and inflation is contingent on historical patterns of economic policymaking and private sector behavior remaining in place after euro adoption.
Series: Country Report No. 14/114
Subject(s): Public finance | Euro Area | Inflation | Fiscal sustainability | Selected issues | Lithuania

Publication Date: May 08, 2014
ISBN/ISSN: 9781484375051/1934-7685 Format: Paper
Stock No: 1LTUEA2014002 Pages: 36
US$18.00 (Academic Rate:
US$18.00 )
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