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World Bank - Latvia: the transition to a market economy

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title Latvia The Transition to a Market Economy World Bank Country - photo 1

title:Latvia : The Transition to a Market Economy World Bank Country Study, 0253-2123
author:
publisher:World Bank
isbn10 | asin:0821323245
print isbn13:9780821323243
ebook isbn13:9780585230719
language:English
subjectLatvia--Economic conditions--1991- , Latvia--Economic policy--1991- , Mixed economy--Latvia.
publication date:1993
lcc:HC340.5.L28 1993eb
ddc:338.947/43
subject:Latvia--Economic conditions--1991- , Latvia--Economic policy--1991- , Mixed economy--Latvia.
Page i
Latvia
The Transition to a Market Economy
A WORLD BANK COUNTRY STUDY
Latvia the transition to a market economy - image 2
Page ii
Copyright 1993
The International Bank for Reconstruction
and Development/THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing March 1993
World Bank Country Studies are among the many reports originally prepared for internal use as part of the continuing analysis by the Bank of the economic and related conditions of its developing member countries and of its dialogues with the governments. Some of the reports are published in this series with the least possible delay for the use of governments and the academic, business and financial, and development communities. The typescript of this paper therefore has not been prepared in accordance with the procedures appropriate to formal printed texts, and the World Bank accepts no responsibility for errors.
The World Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility whatsoever for any consequence of their use. Any maps that accompany the text have been prepared solely for the convenience of readers; the designations and presentation of material in them do not imply the expression of any opinion whatsoever on the part of the World Bank, its affiliates, or its Board or member countries concerning the legal status of any country, territory, city, or area or of the authorities thereof or concerning the delimitation of its boundaries or its national affiliation.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, 27 Congress Street, Salem, Massachusetts 01970, U.S.A.
The complete backlist of publications from the World Bank is shown in the annual Index of Publications, which contains an alphabetical title list (with full ordering information) and indexes of subjects, authors, and countries and regions. The latest edition is available free of charge from the Distribution Unit, Office of the Publisher, Department F, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from Publications, The World Bank, 66, avenue d'Ina, 75116 Paris, France.
ISSN: 0253-2123
Library of Congress Cataloging-in-Publication Data
Latvia : the transition to a market economy.
p. cm.(A World Bank country study, ISSN 0253-2123)
Includes bibliographical references.
ISBN 0-8213-2324-5
1. LatviaEconomic conditions1991- . 2. LatviaEconomic
policy1991- 3. Mixed economyLatvia. I. International Bank for
Reconstruction and Development. II. Series.
HC340.5.L28 1993
338.947'43dc20 93-3018
CIP
Page iii
PREFACE
The World Bank Country Study contained in this volume is based on the work of two World Bank economic missions that visited Latvia in January and February 1992. These missions were undertaken in anticipation of Latvia's accession to membership in the World Bank, which took place on August 11, 1992. The World Bank wishes to thank the Latvian authorities for their excellent cooperation with the missions as well as for comments on an earlier draft of the study.
The study presents the first comprehensive assessment of the Latvian economy prepared by the World Bank. It is composed of two parts. Part I focuses on macroeconomic and systemic reform issues and Part II provides an overview and analysis of the main sectors. Quantitative information is presented in a statistical appendix.
The study was prepared by Mansour Farsad based on the work of the following mission members and staff:
First Mission
Adil Kanaan
Mission Leader
Roberto Rocha
Team Leader: Macroeconomy and Financial Sector
Rune Barneus
Financial Sector
Jaime Biderman
Macroeconomy
Andrew Bird
Public Investment
Boris Blazic-Metzner
National Accounts and Statistics
Barbara Dabrowska
Research, National Accounts and Statistics
Azita Dastgheib
Research, Fiscal and Financial Sector Issues
Mansour Farsad
Fiscal Issues and Balance of Payments
Mitja Gaspari
Financial Sector
Eric Manes
Foreign Exchange
David Tarr
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