TY - BOOK ED - International Monetary Fund. TI - Republic of Lithuania: Selected Issues T2 - IMF Staff Country Reports; Country Report SN - 1451824106 : SN - 1934-7685 PY - 2005/// CY - Washington, D.C. PB - International Monetary Fund KW - Currency Boards KW - imf KW - Inflation Dynamics KW - Inflation KW - Macroeconomic Performance KW - Relative Price KW - Lithuania N2 - This Selected Issues paper looks at short-term inflation dynamics in the new member states (NMS) of the European Union, focusing on the role of monetary policy regimes. It models the determinants of inflation in the NMS and assesses how different theoretical frameworks best fit the data. The paper investigates the macroeconomic performance of currency boards within the group of NMS, evaluates their role in reducing inflation, and identifies some of their distinctive characteristics. The paper also examines the current account sustainability for Lithuania UR - http://elibrary.imf.org/view/IMF002/05823-9781451824100/05823-9781451824100/05823-9781451824100.xml UR - http://www.imfbookstore.org/IMFORG/9781451824100 ER -