Latvia a decade out from the world’s largest GDP crash: how it collapsed and how to improve its economic performance

Jeffrey Sommers and Kaspars Briskens

Journal of Contemporary Central and Eastern Europe, 2021, vol. 29, issue 1, 41-67

Abstract: This article enumerates several sectors where Latvia’s economic performance can be enhanced. Yet, it also delivers by way of a long introduction an overview of Latvia’s economic development in the post-Soviet period from a heterodox perspective that hints at why good options might not have been selected in the past. Following the above overview, we provide a detailed sectoral analysis of Latvia’s economy since the 2008 financial shock that reveals continued hindrances to its development. We conclude by outlining development-friendly tax and industrial policy recommendations to promote Latvia’s continued transformation into a more modern, sustainable, socially responsible and digitally enabled economy.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/25739638.2021.1968593 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:cdebxx:v:29:y:2021:i:1:p:41-67

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/cdeb20

DOI: 10.1080/25739638.2021.1968593

Access Statistics for this article

Journal of Contemporary Central and Eastern Europe is currently edited by Andrew Kilmister

More articles in Journal of Contemporary Central and Eastern Europe from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().