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Economy of the Baltic States in the Beginning of the 21st Century: Successes, Problems and Outlook
Hanzálek, Aleš ; Stuchlíková, Zuzana (advisor) ; Řehořová, Veronika (referee)
This paper describes and analyses the economic development of Lithuania, Latvia and Estonia since the restoration of independence in early nineties. The paper then characterises the most important problems the Baltic States' economies are currently facing and addresses their causes and consequences. These problems include current account deficit, high inflation and labour force emigration. In the end the paper outlines possible future developments in these economies.

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