Latvia [electronic resource] : Recent Economic Developments.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 1995.
IMF eLibrary
IMF Staff Country Reports; IMF Staff Country Report No. 95/125.
IMF Staff Country Reports; IMF Staff Country Report No. 95/125
Government document
1 online resource (107 p.)
Local subjects:
Accession negotiations. (search)
Accounting system. (search)
Aggregate demand. (search)
Agricultural commodities. (search)
Average tariff. (search)
Average tariff rates. (search)
Balance of payments. (search)
Bank accounts. (search)
Bank assets. (search)
Bank assistance. (search)
Bank clients. (search)
Bank credit. (search)
Bank credit creation. (search)
Bank deposits. (search)
Bank failures. (search)
Bank financing. (search)
Bank fraud. (search)
Bank loan. (search)
Bank management. (search)
Bank mergers. (search)
Bank of latvia. (search)
Bank recapitalization. (search)
Bank reform. (search)
Bank reporting. (search)
Bank reserves. (search)
Bank runs. (search)
Banking. (search)
Banking crisis. (search)
Banking institution. (search)
Banking institutions. (search)
Banking legislation. (search)
Banking practices. (search)
Banking sector. (search)
Banking sectors. (search)
Banking supervision. (search)
Banking system. (search)
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Banks ' balance sheets. (search)
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Capital base. (search)
Capital expenditure. (search)
Capital requirement. (search)
Central banking. (search)
Commodity composition. (search)
Credit policy. (search)
Credit union. (search)
Current account balance. (search)
Current account deficit. (search)
Current expenditure. (search)
Decentralization. (search)
Deposit insurance. (search)
Disintermediation. (search)
Domestic demand. (search)
Domestic economy. (search)
Domestic investment. (search)
Domestic liquidity. (search)
Domestic market. (search)
Domestic savings. (search)
Exchange rate policies. (search)
Exchange rate policy. (search)
Export quotas. (search)
Export taxes. (search)
External credit. (search)
Financial strength. (search)
Fixed investment. (search)
Foreign exchange. (search)
Foreign exchange exposure. (search)
Foreign exchange market. (search)
Foreign trade. (search)
Free trade. (search)
Free trade agreement. (search)
Free trade agreements. (search)
Free trade areas. (search)
Gross capital formation. (search)
Holding company. (search)
Import duty. (search)
Import quotas. (search)
Import tariff. (search)
Import tariffs. (search)
Imported goods. (search)
Insider lending. (search)
Internal control. (search)
International standards. (search)
International trade. (search)
Investment bank. (search)
Loan classification. (search)
Macroeconomic stabilization. (search)
Member country. (search)
Merchandise trade. (search)
Metal products. (search)
Most-favored-nation. (search)
Nominal interest rates. (search)
Nontariff barriers. (search)
Open trade. (search)
Producer price index. (search)
Protection measures. (search)
Protectionist pressures. (search)
Prudential regulation. (search)
Quantitative restrictions. (search)
Recapitalization. (search)
Reduction in tariffs. (search)
Regulatory framework. (search)
Reserve ratio. (search)
Reserve requirement. (search)
Savings bank. (search)
Segmentation. (search)
Standard vat rate. (search)
Tariff rate. (search)
Tariff rates. (search)
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Terms of trade. (search)
Terms of trade shocks. (search)
Trade agreement. (search)
Trade agreements. (search)
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Trade data. (search)
Trade deficits. (search)
Trade flows. (search)
Trade in services. (search)
Trade partners. (search)
Trade reform. (search)
Trade shocks. (search)
Trading partners. (search)
Transition economies. (search)
Transition period. (search)
Transport sector. (search)
Transport services. (search)
Unemployment rate. (search)
Universal bank. (search)
Value-added tax. (search)
Weighted tariff. (search)
World market. (search)
World markets. (search)
Bulgaria. (search)
Denmark. (search)
Estonia. (search)
Finland. (search)
Germany. (search)
Grenada. (search)
Latvia. (search)
Lithuania. (search)
Romania. (search)
Ukraine. (search)
United Kingdom. (search)
This paper reviews economic developments in Latvia during 1993–94. During 1994, Latvia began to enjoy the fruits of its steadfast efforts to achieve macroeconomic stabilization and the transformation to a market economy. GDP grew by 2 percent, after three years of economic decline in which output is estimated to have fallen by about 50 percent. Real wages also increased in 1994, after sharp declines in earlier years. Although the unemployment rate increased to about 61⁄2 percent of the labor force, it remained well below expectations and also below unemployment rates in Western Europe.
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