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Toward A Sustainable and Inclusive Consolidation in Lithuania.pdf

Toward A Sustainable and Inclusive Consolidation in Lithuania true
By:Ms. Nan Geng
Published on 2013-07-03 by International Monetary Fund


This paper reviews Lithuania’s fiscal consolidation since 2009, assesses the contribution of revenue and expenditure to the consolidation, evaluates the quality of measures, and draws lessons for the future. It finds that, despite having the lowest revenue-to-GDP ratio in the EU, Lithuania’s fiscal adjustment has so far relied mainly on expenditure measures, with the quality of measures deteriorating over time. The analysis also suggests that Lithuania’s tax system, in comparison with other EU countries and regional peers, is skewed toward labor and consumption taxes, and plays a more limited role in income redistribution, especially in the upper income brackets. The paper argues therefore that there is ample scope to implement high quality revenue measures in order to complete the fiscal adjustment in the medium term in a sustainable and inclusive manner.

This Book was ranked at 10 by Google Books for keyword Consolidation.

Book ID of Toward A Sustainable and Inclusive Consolidation in Lithuania's Books is rbE4AAAAQBAJ, Book which was written byMs. Nan Genghave ETAG "J+hgortSAn0"

Book which was published by International Monetary Fund since 2013-07-03 have ISBNs, ISBN 13 Code is 9781484354094 and ISBN 10 Code is 1484354095

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Book which have "18 Pages" is Printed at BOOK under CategoryBusiness and Economics

Book was written in en

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