Lietuvos makroekonomikos pasiekimai ir valstybės pajamų didinimo problema
Rakauskienė, Ona Gražina
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With the 2002 global recession Lithuania demonstrated its resistance and flexibility and showed remarkable results (rapid GDP growth, rise in wages, strong Litas; consolidated budget deficit and public debt in line with the Maastricht criteria). However, from the structural viewpoint, Lithuania’s economy is unbalanced – we still experience high unemployment rate, slow wage, income and consumption increase, extensive development of small and medium business, and uneven regional development. All of the above influence the formation of the state revenues. Budget revenues-to-GDP have been on the decrease since 1998. The rapidly increasing GDP and decreasing state revenues show that the compilation of the state budget is not related to the GDP. The state focuses its attention on macroeconomic indicators failing to take sufficient account of the structural problems. Reasons for the falling state revenues lie in the fiscal policy. They are there when compiling the new budget. The reasons for the ever decreasing state revenues lie not only in the shadow economy and tax collection. Therefore the measures adopted by the Government are inadequate and cannot fully solve the problem.
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