Economic growth

40 статей

Matthew Boesler

The coronavirus pandemic has shown that policymakers will sacrifice business activity if it’s necessary for public safety. Climate activists have warned for years that society’s quest for growth threatens our planet, and some economists encourage using different metrics to judge an economy’s success...

With global economic growth continuing to weaken, the pace of economic development in Lithuania will also decrease. The Bank of Lithuania projects that after a 3.7% growth of the country’s economy in 2019, next year it will increase by 2.5%. The same projection was made in September of this year.

Lithuanian economic growth this year has been the slowest among the Baltic countries, but analysts at Danske Bank predict that the country's gross domestic product growth next year will be faster than in Estonia and, in 2017, will bypass Latvia as well.