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How Latvia Came Through the Financial Crisis - 9780881326024

Un libro in lingua di Anders Aslund Valdis Dombrovskis edito da Peterson Inst for Intl Economics, 2011

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Co-written by Dombrovskis, the Prime Minister of Latvia, and Åslund, a senior fellow with the Petersen Institute for International Economy, this work reports on how Latvia responded to the financial and economic crisis of 2008-2010, suggesting that the Latvian response, "internal devaluation" through severe cuts in wages and public expenditures, provides key lessons for other countries seeking to a find ways out of crisis. The authors describe pre- and post-crisis policies, Dombrovskis describes the policy making decision process, and the authors evaluate policy results, which they largely deem positive, as growth has returned and serious social unrest was avoided. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)

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