Lithuania : an opportunity for economic success

書誌事項

Lithuania : an opportunity for economic success

(World Bank country study)

World Bank, c1998

  • v. 1
  • v. 2

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注記

Includes bibliographical references

収録内容

  • v. 1. Main report
  • v. 2. Analytical background

内容説明・目次

内容説明

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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