01621cas a2200241 a 4500 AALejournalIMF000861 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451824391 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Latvia : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (107 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews economic developments in Latvia during 1993-94. During 1994, Latvia began to enjoy the fruits of its steadfast efforts to achieve macroeconomic stabilization and the transformation to a market economy. GDP grew by 2 percent, after three years of economic decline in which output is estimated to have fallen by about 50 percent. Real wages also increased in 1994, after sharp declines in earlier years. Although the unemployment rate increased to about 6 1\2 percent of the labor force, it remained well below expectations and also below unemployment rates in Western Europe. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1995/125 Full text available on IMF http://elibrary.imf.org/view/journals/002/1995/125/002.1995.issue-125-en.xml IMF e-Library