Latvia In The Present World Crisis
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How Latvia Came Through the Financial Crisis
Author | : Anders Åslund |
Publisher | : Peterson Institute |
Total Pages | : 159 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 088132602X |
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.
Global Waves of Debt
Author | : M. Ayhan Kose |
Publisher | : World Bank Publications |
Total Pages | : 403 |
Release | : 2021-03-03 |
Genre | : Business & Economics |
ISBN | : 1464815453 |
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Latvia in 1939-1942
Author | : Latvia. Sūtniecība (U.S.) |
Publisher | : |
Total Pages | : 158 |
Release | : 1942 |
Genre | : Latvia |
ISBN | : |
The Global Social Crisis
Author | : United Nations |
Publisher | : UN |
Total Pages | : 136 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : |
During 2008-2009, the world experienced its worst financial and economic crisis since the Great Depression of the 1930s. The crisis followed the effects of the food and fuel price hikes in 2007 and 2008. In 2009, global output contracted by 2 per cent. This 2011 Report on the World Social Situation reviews the ongoing adverse social consequences of these crises after an overview of its causes and transmission.
Estonia, Latvia, and Lithuania: Country Studies
Author | : Walter Iwaskiw |
Publisher | : CreateSpace |
Total Pages | : 334 |
Release | : 2013-06-13 |
Genre | : |
ISBN | : 9781490435572 |
This volume is one in a continuing series of books prepared by the Federal Research Division of the Library of Congress. This volume is about Estonia, Latvia and Lithuania.
Russia After The Global Economic Crisis
Author | : |
Publisher | : Peterson Institute |
Total Pages | : 305 |
Release | : 2010 |
Genre | : |
ISBN | : 088132552X |