The use of optimistic projections would pose no problems if budget expenditures were trimmed, automatically, in lockstep with shrinking budget revenue. Sadly, this is not the case.
The 34th edition of the Survey of the Lithuanian Economy provides forecasts of the main economic indicators for 2015 that are based on a poll of market participants.
The Lithuanian Free Market Institute has a pleasure to invite all interested to read Institute’s publications available in English: 29th Survey of the Lithuanian Economy – summary of the results Index of Municipalities in Lithuania The Lithuanian Free Market Institute has introduced its first Index of Municipalities in Lithuania which was compiled using a unique methodology. Using overall 55 indicators, the Index measures the performance of municipalities. This project was aimed at creating a useful…
