LATVIA'S ECONOMY IN THE POST-TRANSITION PERIOD: FROM OVERHEATING TO RECESSION

• Authors: Curkina Irina
• Languages of publication: EN

Abstracts

EN

Almost two decades have passed since Latvia made the transition from a command economy model. Latvia has become a natural member of the global economy, and as such it must reckon with external impact on its economic, social and cultural spheres. The aim of this paper is to outline the changes which have taken place in conditions of economic development and their impact on subsequent development. The paper analyses general growth trends in Latvia since 1990, signs of economic overheating in Latvia after joining the EU, impact of global financial stress on Latvia and some other countries, and seeks answer to the question - Does Latvia have growth potential?

Keywords

EN

ECONOMIC DEVELOPMENT; ECONOMIC OVERHEATING; GROWTH POTENTIAL.; GROWTH TRENDS

Discipline

• ECONOMICS: ECONOMICS

• Publisher: EPC Ltd (Economic Prognosis Centre), Riga, Latvia (till March 2009 - Institute of Economics, Latvian Academy of Sciences, Ltd)
• Journal: Humanities and Social Sciences: Latvia
• Year: 2009
• Issue: 1(58)
• Pages: 30-41
• Document type: ARTICLE

Contributors

author

Curkina Irina

• Irina Curkina, Institute of Economics, Latvian Academy of Sciences, Akademijas laukums 1. Riga, LV 1050, Latvia

Identifiers

CEJSH db identifier

09LVAAAA05758