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World Bank - Lithuania: the transition to a market economy

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title Lithuania Transition to a Market Economy World Bank Country Study - photo 1

title:Lithuania : Transition to a Market Economy World Bank Country Study 0253-2123
author:
publisher:World Bank
isbn10 | asin:0821323504
print isbn13:9780821323502
ebook isbn13:9780585241197
language:English
subjectLithuania--Economic conditions--1991- , Economic stabilization--Lithuania, Lithuania--Economic policy--1991- , Prices--Government policy--Lithuania.
publication date:1993
lcc:HC340.6.L58 1993eb
ddc:338.947/5
subject:Lithuania--Economic conditions--1991- , Economic stabilization--Lithuania, Lithuania--Economic policy--1991- , Prices--Government policy--Lithuania.
Page i
Lithuania
The Transition to a Market Economy
A WORLD BANK COUNTRY STUDY
The World Bank
Washington, D.C.
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
Lithuania : transition to a market economy.
p. cm. (A World Bank country study ISSN 0253-2123)
Includes bibliographical references.
ISBN 0-8213-2350-4
1. LithuaniaEconomic conditions1991- 2. Economic
stabilizationLithuania. 3. LithuaniaEconomic policy1991
4. PricesGovernment policyLithuania. I. International Bank for
Reconstruction and Development. II. Series.
HC340.6.L58 1993
338.947'5dc20 93-16713
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 Lithuania from January 19 to February 7, 1992. These missions were undertaken in anticipation of Lithuania's accession to membership in the World Bank, which took place on July 6, 1992. The World Bank wishes to thank the Lithuanian authorities, and in particular the Ministry of International Economic Relations, for their excellent cooperation with the mission as well as for comments on an earlier draft of the study.
The study presents the first comprehensive assessment of the Lithuanian economy prepared by the World Bank. It is composed of three parts. Part I provides an overview of recent developments and presents a reform agenda for the medium term, Part II examines in detail macroeconomic and systemic reform issues, and Part III contains discussions of individual sectors. Quantitative information is presented in a statistical appendix.
The study was prepared by Ulrich Zachau based on the work of the following mission members and staff:
First Mission
Adil Kanaan
Mission Leader
Roberto Rocha
Rune Barneus
Jaime Biderman
Boris Blazic-Metzner
Barbara Dabrowska
Azita Dastgheib
Mitja Gaspari
David Tarr
Ulrich Zachau
Team Leader: Macroeconomy and Financial Sector
Financial Sector
Macroeconomy
National Accounts and Statistics
Research, National Accounts and Statistics
Research, Fiscal and Financial Sector Issues
Financial Sector
Trade
Fiscal Issues and Balance of Payments
Andrew Ewing
David Kochav
Barbara Lee
Team Leader: Enterprise Reform and Industry
Industry
Private Sector Development
Peter Hopcraft
William Meyers
Team Leader: Agriculture
Agriculture
Richard Johanson
Robert Holzman
Egon Jonsson
Michal Rutkowski
Team Leader: Social Sectors; Education
Social Safety Net
Health
Prices, Wages, and the Labor Market
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