29th Survey of the Lithuanian Economy

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04-05-2012
"Countries should prepare themselves for possible contractions before
they come, identifying wasteful programs, stipulating priorities in
government spending and being ready to cut the less relevant spending.
Government spending should not be rigid and disregarding economic
realities, instead it should adjust itself according to budget revenues.
This is the only way to avoid painful tax increases, which do not
always bring in more revenues and only deepen the recessions." | Kaetana Leontjeva, IREF
24-04-2012
A summary of the European Think Tank School for CEE Think Tanks in Vilnius.
12-04-2012
Lithuanians, Latvians and Estonians think that the primary cause of smuggling is taxes higher than the living standards in these countries, which generates differences in prices and gives rise to incentives to consume, or trade in, illegal goods. People of the three Baltic countries estimate that smuggling has been on the rise during the past three years. The largest portion of respondents who neither fully tolerate nor strictly condemn smuggling is in Lithuania. “Wages in envelopes” are the most spread in Latvia. Such results were revealed by a first representative sociological survey carried out in the three Baltic countries which was initiated by LFMI.
06-04-2012
Lithuania has signed the commonly called Fiscal Compact, without any analysis or critical approach – just like the bulk of other initiatives coming from the EU, greeted with open arms. It still needs to be ratified by the Lithuanian Seimas. The options are limited – since the content of the treaty cannot be changed anymore, it is a question of either to accept it or to reject it. In making this decision, it is necessary to ask, what we are seeking after all. | Article by LFMI’s Senior Fellow Rūta Vainienė
04-04-2012
It is not the currency as such, it is its credibility that matters.
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12-03-2012
“When Lithuania missed the inflation criteria to join the eurozone, it was considered a big political failure. But given the present vulnerability of the eurozone, it may look like a windfall success. The LFMI survey shows that two-thirds of respondents think that the euro problems and the related risk of an export slump are the major sources of uncertainty and risk for companies today.” | LFMI’s Senior Fellow Rūta Vainienė, Libera’s blog
06-03-2012
LFMI's study shows that employment in Estonia is less and more flexibly regulated than in Lithuania.
14-02-2012
Market participants polled by LFMI project that the Lithuanian economy will grow at a lower rate in 2012 compared to 2011, the rate of unemployment will not fall and the growth of household income will moderate. The LFMI respondents think that the major sources of uncertainty and risk for the business sector this year will be the euro problems, potential changes in taxes and politicians’ populist decisions related with the upcoming parliamentary election. One-tenth of Lithuanian businesses intends or seriously considers the possibility to transfer activity abroad.
20-01-2012
LFMI recognized as one of the top think tanks in Central and Eastern Europe for the fifth year in a row and remains the only organisation from Lithuania ranked in the study of the world‘s top think tanks.
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| © LFMI, 2005. E-solution: gaumina |