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Table of contents; Basic Statistics of Lithuania, 2014; Executive summary; Productivity growth has resumed after every crisis; Figure: Labour productivity gap to OECD (%); The convergence process has not been inclusive enough; Figure: Income inequality; The economy is volatile; Figure: GDP growth; T...

Figure 3. There is scope to be more inclusiveTable 1. Macroeconomic Indicators and Projections; Figure 4. Short term economic indicators; Box 1. Potential shocks not factored into the outlook; Fiscal and financial policies to support the economy; Strengthening long-term fiscal sustainability and gro...

Box 4. Macro-financial frameworkFigure 7. The financial sector has swiftly recovered; Figure 8. The banking sector is less dependent on parent banks loans; Figure 9. Investment has not recovered since the crisis; Enhancing energy efficiency; Figure 10. Environmental challenges remain high; Recommend...

Figure 12. Lithuanian industry finds the education of the labour force inadequatePromoting within-firm productivity growth; Figure 13. Some productive Lithuanian firms face difficulty accessing finance; Table 2. Firm level innovation in Lithuania is low; Figure 14. Business R&D intensity is very low...

Figure 19. Poor basic skills partly reflects low participation in early childhood educationFigure 20. Teacher salaries are low and there is scope for improving quality assurance; Figure 21. The student-teacher ratio is relatively low and likely to further decline; Recommendations for boosting produc...

Figure 24. Underinvestment in skills contributes to poor jobs quality