Republic of Latvia: 2015 Article IV Consultation-Staff Report; Information Annex; and Press Release

This 2015 Article IV Consultation highlights that Latvia's strong recovery has recently slowed in the face of sluggish growth in the euro area and deteriorating economic conditions in Russia amid rising geopolitical tensions. GDP growth decelerated to 2.4 percent in 2014 reflecting weak demand...

Full description

Saved in:
Bibliographic Details
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2015
Series:IMF Staff Country Reports Country Report No. 15/110
Online Access:UBW01
UEI01
LCO01
SBR01
UER01
SBG01
UBG01
FAN01
UBT01
FKE01
UBY01
UBA01
FLA01
UBM01
UPA01
UBR01
FHA01
FNU01
BSB01
TUM01
Volltext
Summary:This 2015 Article IV Consultation highlights that Latvia's strong recovery has recently slowed in the face of sluggish growth in the euro area and deteriorating economic conditions in Russia amid rising geopolitical tensions. GDP growth decelerated to 2.4 percent in 2014 reflecting weak demand and the prolonged closure of a steel manufacturer. In 2015, the weak external environment, particularly the sharp slowdown in Russia, will continue to weigh on exports and investment. This is expected to be mitigated, but not fully offset, by higher disposable income owing to lower oil prices and robust real wages, the reopening of the steel manufacturer, and the accommodative monetary stance of the European Central Bank
Physical Description:1 Online-Ressource (48 p)
ISBN:1484355628
9781484355626

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text