Lithuania : an opportunity for economic success
Author(s)
Bibliographic Information
Lithuania : an opportunity for economic success
（World Bank country study）
World Bank, c1998
- v. 1
- v. 2
Available at / 18 libraries
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Library of Economics, University of Tokyo図書
vol.1IBRD.21:"98"l:(1)5511702424,
vol.2IBRD.21:"98"l:(2)5511702515 -
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Note
Includes bibliographical references
Contents of Works
- v. 1. Main report
- v. 2. Analytical background
Description and Table of Contents
Description
Soon after its declaration of independence, Lithuania launched a program of market-based economic reforms that achieved remarkable results. However, a banking crisis erupted in January 1996, driven by a combination of ineffective bank supervision, poor bank practices, and deep-rooted sectoral imbalances. With financial support from the World Bank, Lithuanian authorities embarked on a broad economic reform program with two immediate objectives: the resolution of the banking system's operational and undercapitalization problems, and a reduction in the most severe imbalances in the economy. 'Volume I' distills findings and conclusions and builds a policy action plan for fast stable growth. 'Volume II' contains a collection of twelve policy notes that provide the technical analysis behind that plan.
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