The price of labor is somewhat lower than in Estonia, probably reflecting a lower level of restructuring and productivity. Latvia's potential lies mainly in the clusters connected to wood and food products. However, there might also be a potential in Riga developing as an important financial center. Lithuania has, in spite of its changing governments between the Labor Party and the Conservative Party, a rather stable political system. There are no threats of serious conflicts because of national minorities.
Unofficial networks are probably of some importance as in Latvia.
Also the legal development and lack of full implementation show some similarity with the development in Latvia. The level of gross fixed investment is the same as in Latvia, and this is probably also the case with enterprise restructuring. A strong cluster in food products might be a possibility in Lithuania, and oil-refining and related industries are substantial parts of Lithuania's industrial base. The wage level measured in USD is the lowest in the Baltic countries. The development of infrastructure and geographical proximity to large markets is also an important determinant for the economic internationalization.