External Accounts Improve, But Not By Much

August 2008
Emerging Europe Monitor: Central Europe & Baltic States;Aug2008, Vol. 15 Issue 8, p11
Country Report
This article provides an outlook for the performance of the economy of Latvia in 2008. Business Monitor International (BMI) expects the current account to decrease as domestic demand slows and production is re-directed to foreign markets. However, BMI believes that there is a risk that rising domestic costs will reinforce the negative impact of slowing world economic growth on export performance.


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