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The Energy Crisis in the Baltic States: Causes, Challenges, and Policies

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  • Alari Paulus
  • Karsten Staehr

Abstract

The energy crisis has meant dramatically higher prices on energy in the Baltic states, and led to very high inflation and lower growth Short-term measures must cap extreme energy prices, monetary policy must avoid deepening the living cost crisis Policies to diversify energy supplies are needed in the short and medium term Energy conservation and a switch to sustainable and independent energy sources will be pivotal in the longer term

Suggested Citation

  • Alari Paulus & Karsten Staehr, 2022. "The Energy Crisis in the Baltic States: Causes, Challenges, and Policies," EconPol Forum, CESifo, vol. 23(06), pages 28-32, November.
    • Handle: RePEc:ces:epofor:v:23:y:2022:i:06:p:28-32
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