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  • 1
    Online Resource
    Online Resource
    Washington, D.C. :International Monetary Fund,
    UID:
    almafu_9958088663302883
    Format: 1 online resource (64 p.)
    ISBN: 9781475514087 , 1475514085 , 9781484357514 , 1484357515
    Series Statement: IMF Staff Country Reports
    Content: This Selected Issues paper examines the prospects for Latvia continuing to rapidly reduce its distance from the productivity frontier. It looks at the empirical record of countries that have in the past attained a similar relative level of income to that of Latvia at present, to gauge the plausibility of the forecast for Latvia’s medium term GDP growth of about 4 percent per year. It highlights that more than one-third of the countries reaching a similar stage of development managed to sustain higher subsequent growth. The paper also confirms the importance of investment and structural reforms for Latvia’s future convergence, using a sector-level analysis.
    Note: Description based upon print version of record. , Cover Page; Title Page; Copyright Page; Contents; Box; Tables; Box; Tables; Annexes; A. Introduction; B. An International Comparison of Income Convergence; 1. Convergence After DTF Reached 75 Percent; 2. Convergence After DTF Reached 56 Percent; 3. Comparison between Latvia's Projected Performance in 2015-20 and Historical Performances of Countries at a Similar Stage of Development; C. Sectoral Convergence; 4. Distance to Frontier, Share in Total Employment and Productivity; 5. Estimation Results of the Sector-Level Convergence Regression , 1. Aggregate Productivity Growth Decomposition, Data and Methodology of Convergence Regression, and OthersD. Concluding Remarks; References; Medium-Term Growth in Latvia; A. Introduction; B. Historical Trends; 1. Passenger Flows; C. Econometric Analysis; 1. Estimation Results of Determinants of Emigration; 2. Estimation Results of Determinants of Emigration for Top Five Destinations; D. Long-Term Forecasts; E. Conclusions and Policy Implications; I. Remittances in Latvia; II. Econometric Analysis; References; Emigration from Latvia; Footnotes; Medium-Term Growth in Latvia , Emigration from Latvia , English
    Additional Edition: ISBN 9781475535525
    Additional Edition: ISBN 147553552X
    Language: English
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