01779cas a2200241 a 4500 AALejournalIMF004521 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451824582 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Latvia : 2006 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (58 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 The Latvian economy has made remarkable strides, combining macroeconomic stability with rapid income convergence. An upfront policy tightening is needed to contain near-term overheating and secure a soft landing. Fiscal restraint is needed to counter the sizable demand stimulus already in play. Moderating credit growth is essential to relieve overheating pressures. Risks from the credit boom and delayed euro adoption reinforce the need for a strong regulatory and supervisory framework for banks. Safeguarding competitiveness while narrowing the wage gap requires scaling the technology ladder. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/353 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/353/002.2006.issue-353-en.xml IMF e-Library