Republic of Latvia : Staff Report for the 2015 Article IV Consultation.

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...

Deskribapen osoa

Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund. European Dept
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Staff Country Reports; Country Report ; No. 2015/110
Sarrera elektronikoa:Full text available on IMF
Deskribapena
Gaia: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.
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Deskribapen fisikoa:1 online resource (48 pages)
Formatua:Mode of access: Internet
ISSN:1934-7685
Sartu:Electronic access restricted to authorized BRAC University faculty, staff and students