How Latvia Came Through the Financial Crisis (Peterson Institute for International Economics: Special Report) Book PDF, ePub eBook

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Book Descriptions:
Latvia stands out as the East European country hardest hit by the
global financial crisis; it lost approximately 25 percent of its GDP
between 2008 and 2010. It was also the most overheated economy
before the crisis. But in the second half of 2010, Latvia returned to economic growth.
How did this happen so quickly? Current Latvian Prime Minister Valdis Dombrovskis, who
shepherded Latvia through the crisis, and renowned author Anders Åslund discuss why the
Latvian economy became so overheated; why an IMF and European Union stabilization
program was needed; what the Latvian government did to resolve the financial crisis and why
it made these choices; and what the outcome has been. This book offers a rare insider's look
at how a national government responded to a global financial crisis, made tough choices, and
led the country back to economic growth.

How Latvia Came Through the Financial Crisis (Peterson Institute for International Economics: Special Report) by Anders Aslund

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