Republic of Latvia: Recent Economic Developments

International Monetary Fund

No 1996/143, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Latvia during 1994–96. The paper highlights that developments during this period have been dominated by the after-effects of the fiscal slippage in 1994 and the banking crisis in 1995, although there are signs of a recovery from these adverse episodes. The paper provides an in-depth analysis of selected economic issues facing Latvia. It analyzes the environment for the private-sector development, and reviews interest rate developments, focusing in particular on the treasury-bill market.

Keywords: ISCR; CR; treasury bill; rate; firm; treasury bill market; exchange rate peg; private sector development; Treasury bill yield; treasury bill rate; Privatization; Exchange rates; Foreign direct investment; Treasury bills and bonds; Banking crises; Baltics (search for similar items in EconPapers)
Pages: 121
Date: 1997-01-23
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