Monday, October 15, 2007

…of Baltic States, coming soon...

Lithuania doesn’t only have high average income but also had a GDP per capita of $15,300. Moreover, excellent modern and efficient infrastructure clubbed with high employment rate (96.3%) is attracting myriad foreign investors & businesses. This has not only resulted in capital inflows but also effectuated reverse migration.

The capitalist free market principles had boosted growth, but relatively speaking, this may still seem insignificant. Then, wait until the seamless & complete transition to market economy. After all this tiger is catching up.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative