01732cas a2200241 a 4500 AALejournalIMF016795 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484356180 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of Lithuania : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (24 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 discusses the main characteristics and causes of Lithuania's inequality differentials relative to peers, and suggests policies that may reduce them. Although Lithuania has recovered well from the 2008-09 crisis and developmental indicators look reasonably good, it features one of the highest levels of income inequality in the European Union. Low living standards, modest public expenditure on social protection, limited tax progressivity, and high income volatility are the main causes of income inequality. More recently, Lithuania has taken some moderate steps to address income inequality and to improve the condition of low-wage earners through large minimum wage hikes. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/126 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/126/002.2016.issue-126-en.xml IMF e-Library