Republic of Latvia : Recent Economic Developments

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.
Publication date: January 1997
ISBN: 9781451824407
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Banks and Banking , International - Economics , banking , banking crisis , balance of payments , bank of latvia , bank credit

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