Lithuania Lithuania Lithuania (; ), officially the Republic of Lithuania (), is a country in the Baltic region of Europe. Since its independence, Lithuania has been referred to as one of the Baltic states. It is situated along the southeastern shore of the Baltic Sea, to the east of Sweden and Denmark. It is bordered by Latvia to the north, Belarus to the east and south, Poland to the south, and Kaliningrad Oblast (a Russian exclave) to the southwest. Lithuania has an estimated population of 2.7 million people , and its capital and largest city is Vilnius. Other major cities are
Socialist Party of Lithuania regulated, socially oriented market economy - with the production forces and relations of production the managements goal. Markets in the system - as far as possible, and state regulation - as needed. It considers the principles of state regulation as the best economic development incentive. The LSP ideology was based on the methodology of dialectical materialism, the theory of Marxism and contemporary social science. It believed that Socialists should unambiguously disassociate from Stalinist and totalitarian theories and practice. LSP propagated what it believed to be the new 21st century socialism. Socialist Party of Lithuania Socialist Party of Lithuania () was