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Photo: Wikimedia Commons GDP: The Institute revised downwards the forecast for 2014 and 2015 to take into account increasingly devastating effects of prolonged military conflict in Donbas. Real GDP is expected to decline by 7.6% in 2014 and...
Studying the impact of migration on the economy is a challenging task. In this article we assess the impact of remittances from abroad on GDP and balance of payments of Ukraine. Also we analyse the consequences of migration for the labour market...
The Problem of Observing “Growth” Growth: The Holy Grail Why some countries grow while others stagnate is perhaps the most important question in all of economics. Part of the allure of this question comes from the continuing challenge...
We are very often presented with numerous references to government budget in the local media. However, the budget´s very nature and the overall ambiguity of politicians create an illusion that it is an extremely complicated matter, which can...
Gold and silver are still in the correction phase. Switzerland is going to introduce a gold coin as official currency. Swiss army is prepared. Mario Draghi will kiss with everybody. Gold and silver were traded around $1737 and $32.7 per ounce...
The European Central Bank (ECB) published its Convergence Report(2012), in which it evaluates the progress of the members states that have committed themselves to joining the euro by following the convergence criteria, better known as the “Maastricht”...
As The Lithuania Tribune writes (quoting SEB’s Eastern Economic Outlook published in March 2012) Estonia’s growth fill fall to 1.5% in 2012 and increase again in 2013 reaching 2.5%. As a result of smaller demand in Sweden and Finland...
According to The Lithuania Tribune Lithuanian foreign debt increased in the last quarter of the year 2011 by 1.4% (1.1 bln litas). Total foreign debt consists of both governmental debt and private enterprises’ debts. Throughout whole year...
