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Back to the USSR?

At the moment, Latvian economy is not run like a firm and that, in my opinion, is a very good thing. However, some twenty yea

01.26.2009
X stands for exports

Article of Edward HughArticle of Vjačeslavs DombrovskisAlso, the government's stabilization plan is based on the projection

01.22.2009
A new epicenter of the crisis

Here is a link to a fascinating piece by Edward Hughes, some of which is reproduced here. What has happened in Ukraine is qui

01.06.2009
Latvia=Argentina?

Specifically, he said the following: As of today, my slogan is that Latvia is the new Argentina. Since some people (e.g. Secu

12.18.2008
“Nothing Special”: The Economic Crisis in Latvia
12.16.2008
Tax Evasion, Parex Style

Why did they do this? There are two likely reasons. First, I wonder whether smaller shareholders knew. The second, and more i

12.09.2008
Stupidity does not pay

The Wall Street Journal just published a piece about the story with detaining Dmitrijs Smirnovs. Latvian 'know-how' in fighti

12.04.2008
Freedom(less) Island
11.26.2008
Taking child abuse seriously
11.25.2008