LITHUANIA’S REMARKABLE RECOVERY
Updated 2011-11-30
One of the best kept secrets in Europe is how well the current Lithuanian government has managed the nation’s economy. This year, Lithuania is one of the fastest growing economies in Europe with an annualized growth rate of 6.6 percent during the first half of the year. This high growth is driven by an exports surge of no less than 38 percent. This is an incredible achievement after a vicious financial crisis, writes Anders Aslund in the euobserver.com
http://euobserver.com/7/114419
The writer is a senior fellow of the Peterson Institute for International Economics and co- author with Valdis Dombrovskis of the book “How Latvia Came out of the Financial Crisis”
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