Economic Development Of Latvia

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Economic Development of Latvia

Author : Anonim
Publisher : Unknown
Page : 360 pages
File Size : 52,8 Mb
Release : 2006-07
Category : Latvia
ISBN : STANFORD:36105123420213

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Economic Development of Latvia by Anonim Pdf

How Latvia Came Through the Financial Crisis

Author : Anders Åslund,Valdis Dombrovskis
Publisher : Peterson Institute
Page : 159 pages
File Size : 44,7 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780881326024

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How Latvia Came Through the Financial Crisis by Anders Åslund,Valdis Dombrovskis Pdf

Latvia stands out as the East European country hardest hit by the global financial crisis; it lost approximately 25 percent of its GDP between 2008 and 2010. It was also the most overheated economy before the crisis. But in the second half of 2010, Latvia returned to economic growth. How did this happen so quickly? Current Latvian Prime Minister Valdis Dombrovskis, who shepherded Latvia through the crisis, and renowned author Anders slund discuss why the Latvian economy became so overheated; why an IMF and European Union stabilization program was needed; what the Latvian government did to resolve the financial crisis and why it made these choices; and what the outcome has been. This book offers a rare insider's look at how a national government responded to a global financial crisis, made tough choices, and led the country back to economic growth.

Trade, Aid and Economic Development - A Comparative Analysis Between Georgia & Latvia

Author : Michael Krause
Publisher : GRIN Verlag
Page : 41 pages
File Size : 55,6 Mb
Release : 2007-09-26
Category : Electronic
ISBN : 9783638810319

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Trade, Aid and Economic Development - A Comparative Analysis Between Georgia & Latvia by Michael Krause Pdf

Seminar paper from the year 2006 in the subject Economics - International Economic Relations, grade: 1,00, Saint Mary's University (Economics), course: Course: Development Economics, 17 entries in the bibliography, language: English, abstract: The paper focuses on international trade and foreign aid in relationship with economic development comparing two former Soviet Union states: Latvia and Georgia. Communism divided the economic world into two different camps, with countries characterized by centrally planned economies and others with a free market economic system. After the Soviet Union was dissolved in 1991, now capitalism equally separated the former Soviet nations.

OECD Economic Surveys: Latvia 2022

Author : OECD
Publisher : OECD Publishing
Page : 118 pages
File Size : 51,5 Mb
Release : 2022-03-09
Category : Electronic
ISBN : 9789264422353

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OECD Economic Surveys: Latvia 2022 by OECD Pdf

OECD’s periodic surveys of the Latvian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.

Latvia's Transition to a Market Economy

Author : M. Nissinen
Publisher : Springer
Page : 315 pages
File Size : 42,8 Mb
Release : 1998-11-22
Category : Business & Economics
ISBN : 9780230372559

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Latvia's Transition to a Market Economy by M. Nissinen Pdf

The postcommunist transitions to a market economy raised doubts about the political sustainability of an economic reform under democracy. At the same time, they turned the attention to the centrality of political factors in economic policy-making. Latvia has succeeded in proceeding into the consolidation phase of its market reforms while remaining committed to both political pluralism and macroeconomic austerity. Even if politics were not treated as a mere constraint, the basic question is still: how are the government's adjustment choices modified in the political process?

Development of Latvia's Economy and Competitiveness After Joining the European Union

Author : Anonym
Publisher : Unknown
Page : 66 pages
File Size : 48,7 Mb
Release : 2009-06
Category : Electronic
ISBN : 3638939502

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Development of Latvia's Economy and Competitiveness After Joining the European Union by Anonym Pdf

Document from the year 2008 in the subject Politics - International Politics - Region: Eastern Europe, grade: 1,0, University of Applied Sciences Kaiserslautern, course: Praxissemester, 25 entries in the bibliography, language: English, abstract: [...] This paper examines Latvia?'s latest economic Environment since the enlargement of the European Union in 2004, with exceptional focus on the period 2003-2006 as well as Latvia?'s competitiveness. The year 2003 was selected, for it maight be interesting to compare the economic situation of the country just before the enlargement. This time interval was selected, since there are scarcely empirical collections and evaluations about this topic. Therefore, the execution supplies an approach and remarks, which are not present in this form yet. The goal of this work is to confer an overview of this specific topic. The paper is subdiveded into four main areas regarding Latvia?'s economic development: the economic competitiveness of the Baltic State, integration into the EU, national economy developments and foreign trade policy. Of particular importance are the several comparisons with selective countries; most of all the other Baltic States (Estonia and Lithuania), and Germany. Attention should also be paid to the current situation, analyses of relationship between trade and investments in Latvia. Moreover, I will make an attempt of a final consideration. The analysis is supported by a review of global trends as well as several figures and tables. Thereby most sources were afforded by the Ministry of Economics Republic of Latvia, the Bank of Latvia as well as Central Statistical Bureau of Latvia.

Republic of Latvia

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 13 pages
File Size : 54,7 Mb
Release : 2017-07-07
Category : Business & Economics
ISBN : 9781484308066

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Republic of Latvia by International Monetary Fund. European Dept. Pdf

This paper discusses potential growth and its drivers for Latvia 6 years after the growth turnaround and presents projections for the medium term. As the labor force is projected to decline, implementation of policies to increase investment and support total factor productivity (TFP) growth will be essential to ensure income convergence going forward. The level of potential growth has direct consequences for Latvia’s convergence path. Latvia’s GDP per capita was about 62 percent of the EU-15 average in 2015. A better understanding of potential output is important for policy setting. For example, an estimate of the output gap enters the fiscal reaction function through the cyclical adjustment of the fiscal balance and therefore directly influences policy makers’ assessments of whether fiscal policy should respond to deviations from potential. Potential output is an elusive concept and can be defined in various ways. Potential output is generally defined according to the Okun concept as the level of output consistent with stable inflation, while short-run deviations of actual from potential output, due to the slow adjustment of wages and prices to shocks, reflect the output gap—or economic slack.

Improving the Business Environment in Latvia

Author : Sanda Liepina,Jacqueline G. Coolidge,Lars Grava
Publisher : World Bank Publications
Page : 104 pages
File Size : 45,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780821371909

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Improving the Business Environment in Latvia by Sanda Liepina,Jacqueline G. Coolidge,Lars Grava Pdf

This book tracks the process through which the Foreign Investment Advisory Service (FIAS) of the World Bank Group advised the government of Latvia from 1998 to 2004 on ways to improve the business environment, achieve higher rates of economic growth, and thereby alleviate poverty.

Republic of Latvia

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 35 pages
File Size : 49,7 Mb
Release : 2016-06-16
Category : Business & Economics
ISBN : 9781475575668

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Republic of Latvia by International Monetary Fund. European Dept. Pdf

The aim of this paper is to examine selected issues related to Latvia’s economic development. Latvia experienced a large macroeconomic adjustment in the aftermath of the crisis in 2007. The adjustment was characterized by internal devaluation via a combination of wage restraint and productivity gains. Latvia’s creditless recovery has taken unusually long to turn compared to international experience. Although lack of credit has not undermined recovery so far, support from the financial sector will be crucial for its continuation going forward. Emphasis on resuscitating credit growth is key to maintaining recovery. Focus should be on facilitating access to credit for small- and medium-sized enterprises and first-time borrowers, where market failures are the largest.

Republic of Latvia: Selected Issues Paper

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 38 pages
File Size : 52,9 Mb
Release : 2015-05-04
Category : Business & Economics
ISBN : 9781484357514

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Republic of Latvia: Selected Issues Paper by International Monetary Fund. European Dept. Pdf

This Selected Issues paper examines the prospects for Latvia continuing to rapidly reduce its distance from the productivity frontier. It looks at the empirical record of countries that have in the past attained a similar relative level of income to that of Latvia at present, to gauge the plausibility of the forecast for Latvia’s medium term GDP growth of about 4 percent per year. It highlights that more than one-third of the countries reaching a similar stage of development managed to sustain higher subsequent growth. The paper also confirms the importance of investment and structural reforms for Latvia’s future convergence, using a sector-level analysis.

Republic of Latvia

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 57 pages
File Size : 47,5 Mb
Release : 2016-06-16
Category : Business & Economics
ISBN : 9781498305266

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Republic of Latvia by International Monetary Fund. European Dept. Pdf

This paper focuses on the key issues related to the economy of Latvia. Growth picked up somewhat last year despite a weak external environment. GDP growth rose to 2.7 percent, up about 1⁄4 percent over the previous year. However, growth is expected to slow slightly in 2016 to 21⁄2 percent. While Latvia continues to make steady economic progress, a key challenge will be to generate the growth necessary to sustain the pace of income convergence with Western Europe. Structural reforms will be required to improve state-owned enterprise governance and strengthen the business environment, upgrade public infrastructure, and modernize legal systems.

Republic of Latvia

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 51 pages
File Size : 49,9 Mb
Release : 2012-07-16
Category : Business & Economics
ISBN : 9781475506488

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Republic of Latvia by International Monetary Fund Pdf

This collection of papers presents the First Post-Program Monitoring Discussions focusing on economic development in the Republic of Latvia. Latvia successfully completed its EU-IMF-supported program in December 2011. As part of the program, Latvia implemented fiscal consolidation measures of more than 15 percent of GDP. Executive Directors have welcomed Latvia’s economic recovery since the crisis. Directors have commended the remarkable fiscal consolidation and have also emphasized the need for continued prudence to maintain fiscal and debt sustainability.

Country Experiences in Economic Development, Management and Entrepreneurship

Author : Mehmet Huseyin Bilgin,Hakan Danis,Ender Demir,Ugur Can
Publisher : Springer
Page : 916 pages
File Size : 46,5 Mb
Release : 2016-11-09
Category : Business & Economics
ISBN : 9783319463193

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Country Experiences in Economic Development, Management and Entrepreneurship by Mehmet Huseyin Bilgin,Hakan Danis,Ender Demir,Ugur Can Pdf

This volume brings together selected papers from the 17th EBES Conference, organized in Venice in winter 2015. The theoretical and empirical papers present the latest research in diverse areas of business, economics, and finance from many different regions. They chiefly focus on the interactions between economic development, entrepreneurship and financial institutions, especially putting the spotlight on cross-country evidence. Topics range from women’s entrepreneurship and economic regulation, to sustainability and climate change. This book provides researchers, professionals, and students a great opportunity to catch up on the latest studies in different fields and empirical findings on many countries and regions.

Republic of Latvia

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 122 pages
File Size : 52,7 Mb
Release : 1997-01-23
Category : Business & Economics
ISBN : 9781451824407

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Republic of Latvia by International Monetary Fund Pdf

This paper reviews economic developments in Latvia during 1994–96. The paper highlights that developments during this period have been dominated by the after-effects of the fiscal slippage in 1994 and the banking crisis in 1995, although there are signs of a recovery from these adverse episodes. The paper provides an in-depth analysis of selected economic issues facing Latvia. It analyzes the environment for the private-sector development, and reviews interest rate developments, focusing in particular on the treasury-bill market.