Publication:
Latvia - From Exuberance to Prudence : A Public Expenditure Review of Government Administration and the Social Sectors - Overview and Summary

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-03-19T10:27:03Z
dc.date.available2012-03-19T10:27:03Z
dc.date.issued2010-09-27
dc.description.abstractThis public expenditure review (PER) was conducted at the request of the Ministry of Finance (MoF) on behalf of the Government of the Republic of Latvia. The objective of the PER is to identify potential areas of further budget savings in public administration and the social sectors that could help restore fiscal balance, speed Latvia's recovery from the current crisis, and help it to meet the Maastricht Criteria by 2012 so it can adopt the Euro in 2014. The remainder of this volume is structured in the following way. Section two recounts the events and circumstances that set the Government's fiscal stance in the years prior to the crisis. Section three summarizes the principal emergency measures the Government took to cope during 2008 and 2009 as the crisis broke and led to Latvia's severe economic contraction. The purpose of these sections which draw liberally from material prepared by the financial authorities, the International Monetary Fund (IMF) and the European Central (EC) is to make the case for further fiscal adjustment plain. The report then summarizes the main messages and highlights the most important suggestions made in each of the longer, more detailed chapters of volume two of the review. Each section is followed by a matrix of the options presented for the Government to take into consideration. Given the important role that municipalities and republican cities play in the delivery of social services, the chapter three of volume two provides an in depth examination of local government finances and spending. Local authorities (municipalities and republican cities) play such a prominent role in the delivery of public services particularly social services that a close look at the character of their spending is critical.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20111129233840
dc.identifier.doi10.1596/3008
dc.identifier.urihttps://hdl.handle.net/10986/3008
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE COSTS
dc.subjectADMINISTRATIVE EXPENSES
dc.subjectADMINISTRATIVE FUNCTIONS
dc.subjectAMALGAMATION
dc.subjectANNUAL AVERAGE RATE
dc.subjectAUTOMATIC STABILIZERS
dc.subjectBASELINE SCENARIO
dc.subjectBENEFICIARIES
dc.subjectBUDGET ALLOCATIONS
dc.subjectBUDGET BALANCE
dc.subjectBUDGET DEFICIT
dc.subjectBUDGET DEFICITS
dc.subjectBUDGET INSTITUTIONS
dc.subjectBUDGET PREPARATION
dc.subjectBUDGET PROCESS
dc.subjectBUDGET REDUCTIONS
dc.subjectBUDGET SYSTEM
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL FLIGHT
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BUDGET
dc.subjectCENTRAL CONTROLS
dc.subjectCENTRAL GOVERNMENT
dc.subjectCIVIL SERVANTS
dc.subjectCIVIL SERVICE
dc.subjectCOMPETITIVE PROCUREMENT
dc.subjectCONSUMPTION TAXES
dc.subjectCORPORATE INCOME TAX
dc.subjectCORPORATE PROFITS
dc.subjectCOST RECOVERY
dc.subjectCOST-BENEFIT ANALYSIS
dc.subjectCOST-RECOVERY
dc.subjectCREDIT GROWTH
dc.subjectCURRENCY
dc.subjectCYCLICAL SWINGS
dc.subjectDEBT
dc.subjectDIVISION OF RESPONSIBILITIES
dc.subjectDOMESTIC DEMAND
dc.subjectECONOMIC CONDITIONS
dc.subjectECONOMIC DOWNTURN
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIES OF SCALE
dc.subjectEDUCATION BUDGET
dc.subjectEDUCATION POLICY
dc.subjectEDUCATION PROGRAMS
dc.subjectEFFICIENCY GAINS
dc.subjectELECTRICITY
dc.subjectEVASION
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RESERVES
dc.subjectEXCISE TAXES
dc.subjectEXPENDITURE CUTS
dc.subjectEXPENDITURE POLICIES
dc.subjectEXPENDITURES
dc.subjectEXTERNAL BORROWING
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL MARKETS
dc.subjectFISCAL ACCOUNTS
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL BALANCE
dc.subjectFISCAL CONSEQUENCES
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL COST
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL IMBALANCES
dc.subjectFISCAL POLICY
dc.subjectFISCAL POSITION
dc.subjectFISCAL RESPONSIBILITY
dc.subjectFISCAL SAVINGS
dc.subjectFISCAL STANCE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFISCAL TARGETS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT DEFICIT
dc.subjectGOVERNMENT EMPLOYMENT
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT FINANCES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROWTH RATE
dc.subjectHEALTH CARE
dc.subjectHEALTH OUTCOMES
dc.subjectHEALTH PROBLEMS
dc.subjectHEALTH SECTOR
dc.subjectHEALTH SERVICES
dc.subjectHEALTH SPENDING
dc.subjectHOSPITAL SERVICES
dc.subjectHOUSING
dc.subjectHUMAN DEVELOPMENT
dc.subjectINFLATION
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectLABOR TAXES
dc.subjectLOCAL FINANCING
dc.subjectLOCAL GOVERNMENT BUDGETS
dc.subjectLOCAL GOVERNMENT SPENDING
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOTTERY
dc.subjectMACROECONOMIC FRAMEWORK
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMARKET FAILURES
dc.subjectMARKET PRICES
dc.subjectMEDICAL SERVICES
dc.subjectMEDICAL TREATMENT
dc.subjectMINISTRY OF CULTURE
dc.subjectMINISTRY OF FINANCE
dc.subjectMUNICIPAL GOVERNMENT
dc.subjectMUNICIPAL GOVERNMENTS
dc.subjectMUNICIPAL HOSPITALS
dc.subjectMUNICIPAL LEVEL
dc.subjectMUNICIPALITIES
dc.subjectNATIONAL GOVERNMENT
dc.subjectNATURAL RESOURCES
dc.subjectNET LENDING
dc.subjectNET SPENDING
dc.subjectOPERATIONAL COSTS
dc.subjectPAYROLL TAX
dc.subjectPERSONAL INCOME
dc.subjectPERSONAL INCOME TAX
dc.subjectPERSONAL INCOME TAXES
dc.subjectPERVERSE INCENTIVES
dc.subjectPRIVATE INSURANCE
dc.subjectPRIVATE SECTOR
dc.subjectPROVISION OF SERVICES
dc.subjectPUBLIC
dc.subjectPUBLIC ADMINISTRATION
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC EMPLOYEES
dc.subjectPUBLIC EMPLOYMENT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEW
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCE MANAGEMENT
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC PENSION
dc.subjectPUBLIC PRIVATE PARTNERSHIPS
dc.subjectPUBLIC PROCUREMENT
dc.subjectPUBLIC RESOURCES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR EMPLOYMENT
dc.subjectPUBLIC SECTOR SPECIALIST
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC TRANSPORT
dc.subjectQUALITY OF LIFE
dc.subjectREAL ESTATE TAX
dc.subjectRESIDENTIAL REAL ESTATE
dc.subjectRESOURCE MANAGEMENT
dc.subjectRETIREMENT INCOME
dc.subjectREVENUE GROWTH
dc.subjectREVENUE POLICY
dc.subjectREVENUE SHARING
dc.subjectROADS
dc.subjectSECTOR PROGRAMS
dc.subjectSERVICE DELIVERY
dc.subjectSERVICE DELIVERY FUNCTIONS
dc.subjectSERVICE LEVELS
dc.subjectSERVICE PROVISION
dc.subjectSMALL MUNICIPALITIES
dc.subjectSOCIAL ASSISTANCE
dc.subjectSOCIAL BENEFITS
dc.subjectSOCIAL EQUITY
dc.subjectSOCIAL INSURANCE
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL RETURN
dc.subjectSOCIAL RETURNS
dc.subjectSOCIAL SERVICES
dc.subjectSOCIAL WELFARE
dc.subjectSOCIAL WELFARE SPENDING
dc.subjectSTATE AUDIT OFFICE
dc.subjectSTATE BUDGET
dc.subjectSTATE OWNED ENTERPRISES
dc.subjectSTRUCTURAL DEFICITS
dc.subjectSTRUCTURAL EXPENDITURE
dc.subjectSTRUCTURAL REFORM
dc.subjectSTRUCTURAL REFORMS
dc.subjectSUB-NATIONAL GOVERNMENTS
dc.subjectSUSTAINABLE FISCAL ADJUSTMENT
dc.subjectTAX ADMINISTRATION
dc.subjectTAX BASE
dc.subjectTAX BURDEN
dc.subjectTAX CUTS
dc.subjectTAX POLICY
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAX STRUCTURE
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectTOTAL EXPENDITURE
dc.subjectTOTAL SPENDING
dc.subjectTOTAL TAX REVENUE
dc.subjectTREASURY
dc.subjectUNINTENDED CONSEQUENCES
dc.titleLatvia - From Exuberance to Prudence : A Public Expenditure Review of Government Administration and the Social Sectors - Overview and Summaryen
dspace.entity.typePublication
okr.date.disclosure2011-11-28
okr.date.doiregistration2025-05-07T12:35:25.566733Z
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20111129233840
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeHealth, Nutrition, and Population
okr.guid462981468265795002
okr.guid225041468045881507
okr.identifier.externaldocumentum000333038_20111129233840
okr.identifier.internaldocumentum15512530
okr.identifier.report56747
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/11/29/000333038_20111129233840/Rendered/PDF/567470v10ESW0P00disclosed0110280110.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.administrativeEurope and Central Asia
okr.region.countryLatvia
okr.region.geographicalEurope
okr.region.geographicalEastern Europe
okr.region.geographicalCommonwealth of Independent States
okr.sectorOther social services
okr.sectorHealth
okr.sectorGeneral education sector
okr.sectorHealth and other social services
okr.sectorEducation
okr.topicPublic Sector Economics
okr.topicMacroeconomics and Economic Growth::Subnational Economic Development
okr.topicHealth, Nutrition and Population::Health Monitoring & Evaluation
okr.topicPublic Sector Expenditure Policy
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicHealth, Nutrition and Population
okr.topicPublic Sector Development
okr.unitHuman Development Sector Unit (ECSHD)
okr.volume1 of 2
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