Republic of Lithuania: Selected Issues

May 4, 2006

Preview Citation

Format: Chicago

Republic of Lithuania: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

This Selected Issues paper examines inflation dynamics over the past five years for Lithuania. A decomposition of inflation into its components provides clues to its main causes. It shows that energy price increases and convergence to European Union (EU)-wide price levels have been important factors driving inflation, but domestic demand pressures—and wage growth, in particular—have also contributed to inflation. The types of possible efficiency gains are illustrated in the context of health care and social assistance. The paper also examines migration and its long-term fiscal implications.

Subject: Economic sectors, Health, Health care, Inflation, Informal economy, Migration, Population and demographics, Prices

Keywords: Baltics, CR, Decomposition of inflation, Demand pressure, Eastern Europe, Emigration incentive, Health care, Inflation, Inflation development, Informal economy, ISCR, Labor market, Migration, Migration rate

Publication Details

Pages:

101
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/163
Stock No:

1LTUEA2006002
ISBN:

9781451824131
ISSN:

1934-7685

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