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Republic of Latvia: Recent Economic Developments

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  • 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.

Suggested Citation

  • International Monetary Fund, 1997. "Republic of Latvia: Recent Economic Developments," IMF Staff Country Reports 1996/143, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1996/143
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