1.

Record Nr.

UNINA9910457479903321

Autore

Åslund Anders <1952->

Titolo

How Latvia came through the financial crisis [[electronic resource] /] / Anders Åslund and Valdis Dombrovskis

Pubbl/distr/stampa

Washington, D.C., : Peterson Institute for International Economics, 2011

ISBN

0-88132-605-4

Descrizione fisica

1 online resource (159 p.)

Altri autori (Persone)

DombrovskisValdis

Disciplina

330.94796/086

Soggetti

Financial crises - Latvia

Global Financial Crisis, 2008-2009

Electronic books.

Latvia Economic conditions 21st century

Latvia Economic policy 21st century

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Contents; Preface; Authors' Note; About the Authors; Map; Introduction; Motivation; Key Lessons; Structure of the Book; Ch 1 Latvia's Post-Soviet Transition; A Bitter Struggle for Independence; Radical Transition to a Normal Market Economy; Evolution of Latvia's Democratic Politics; Notes; Ch 2 The Boom, 2004-07; EU Accession Crowning the Success of Transition; Capital Inflows Overheat the Economy; Politics of Complacency; Notes; Ch 3 Policy Choices and the Program of Crisis Resolution, 2008; Fall 2008: The Bubble Pops; Run on Parex Bank: Latvia Calls in the IMF

The International Assistance Package Notes; Ch 4 To Devalue or Not to Devalue; Arguments for a Fixed Exchange Rate; Arguments for Devaluation; How Latvia Differs from Argentina; The IMF Verdict; Notes; Ch 5 Implementation of the Stabilization Program, 2009; Collapse of the Godmanis Government; Formation of the Dombrovskis Government; A New Stabilization Program Takes Shape; Devaluation Crisis, But Adoption of a New Budget, June 2009; Complicated IMF-EU Negotiations; Budget for 2010; Notes; Ch 6 The Healing Begins, 2010; Estonia Qualifies for the Euro, March-June 2010

October 2010 Parliamentary Elections: Popular Approval of Crisis



Resolution Budget for 2011; Economic Growth Returns; Notes; Ch 7 Latvia's Lessons for Itself and the World; Why Latvia Was Right Not to Have Devalued; Latvian Peculiarities; Lessons from Latvia for the World; Eyes on the Prize: Euro Adoption and European Convergence; Notes; Leading Latvian Officials; Chronology of Events; Index