Latvia: Selected Issues and Statistical Appendix
August 17, 2000
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Developments and prospects of nonbank financial institutions of Latvia have been presented in this paper. Foreign direct investment (FDI) inflows to Latvia have declined compared with their earlier levels. This poses an important policy challenge owing to benefits of FDI in terms of financing the current account deficit, contributing to capital formation, productivity, and exports. This paper also discusses the role of the Latvian Privatization Agency (LPA) in the privatization of Latvia's public enterprises and property, along with statistical data on economic indices of Latvia.
Subject: Balance of payments, Budget planning and preparation, Commercial banks, Economic sectors, Financial institutions, Foreign direct investment, Insurance companies, Privatization, Public financial management (PFM)
Keywords: Baltics, banking system, Budget planning and preparation, central government, Commercial banks, company share, CR, Eastern Europe, FDI company, Foreign direct investment, gross domestic product, Insurance companies, ISCR, local government, private sector, Privatization
Pages:
89
Volume:
2000
DOI:
Issue:
100
Series:
Country Report No. 2000/100
Stock No:
1LVAEA0022000
ISBN:
9781451824490
ISSN:
1934-7685
