Data & Publications
Economic and Sector studies – list of reports on Lithuania prepared by the World Bank.
Depository libraries – information on the World Bank Depository Library Program and depository libraries in Lithuania.
Pasaulio banko þiniø ekonomikos ávertinimo studija:
Þiniø ekonomikos plëtra
World Bank Completes Lithuania Knowledge Economy Assessment:
– Lithuania – Aiming for a Knowledge Economy (report in PDF format)
– Presentation by Severin L. Kodderitzsch, Head, Europe and Central Asia Knowledge Economy Unit, World Bank, made to the Government of Lithuania on April 7, 2003
Lithuania – Country economic memorandum : converging to Europe – policies to support employment and productivity growth
Lithuania ‘ s long-term economic strategy aims at building the foundations for achieving rapid convergence with Western European countries. The medium-term objective of the economic policy is to meet the economic criteria for accession and to get ready for membership in the European and Monetary Union (EMU) after accession. This will be achieved through continued macroeconomic stability, fiscal consolidation, and further implementation of structural reforms needed for an efficient functioning of the market economy, improved productivity, and enhancement of competitiveness. This report focuses on three critical elements of the structural reform agenda: 1) labor market reform, aimed at increasing labor market flexibility and improving the utilization of labor resources throughout the economy; 2) regulatory reform and reform of the business environment, to support private sector development and growth in both urban and rural areas; and 3) social protection reform, to improve targeting, effectiveness, and efficiency.
Report in English (172 pages, PDF format, 12.04 MB): Report file
Report in Lithuanian (180 pages, MSWord format, 2.8 MB): Report file
Lithuania: Issues in Municipal Finance
Since the establishment of Lithuania ‘ s independence, the country achieved substantial progress in transforming its local governments into independent units of Government: structural reforms to prod intergovernmental relations were made in 1994 and 1997, and will continue in 2002. Nevertheless, several issues remain, requiring particular attention from the Government. First, revenue and expenditure assignment between levels of government, and the degree of central regulation over local finance, needs to be reviewed. Local governments face fiscal constraints, for revenues are centrally collected, and distributed at centrally determined rates. And, although local governments have nominal authority over their expenditures, major items (salaries and welfare payments) are subject to Government control, resulting in local governments being faced with running arrears, or borrowing from the Government or private lenders. Although high per capita jurisdictions are required to share revenues with poorer counterparts, it is not clear that distribution mechanisms actually allocate revenues as needed. Upcoming reforms are likely to change this, but a greater change in the revenue distribution criteria, would be by funding delegated functions, but distributing according to sector-specific indicators of need, as well as budgeting financial availability. Second, financing capital investment may be improved by a greater fiscal autonomy to local governments, and mostly, by improving the quality of financial information, with reforms that include the separation of current, and capital accounts, and the adoption of accrual accounting for expenditures.
Lithuanian Financial Leasing Study – The report reviews the legal, tax, regulatory and accounting aspects of leasing in Lithuania with view toward arriving at recommendations geared to support the leasing industry’s growth as a vehicle for further development of Lithuanian economy.