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Russia-Ukraine war and the wider use of sanctions globally. …
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The current state of Latvia can be best described in medical terms: the patient is pale, but alive. The financial woes … the fabric of social and political life in Latvia. This paper looks at the economic, social and political consequences of … the recent financial crisis and the ensuing economic collapse in Latvia and suggests some remedial actions. …
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In 1937, in the midst of the US recovery from the Great Depression, President Roosevelt implemented spending cuts in pursuit of a balanced budget. Subsequently, the unemployment rate jumped nearly 6 percentage points over the next year and the US economy re-entered a major recession. In the...
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The euro area crisis is the main external factor threatening the Swiss economy. In 2010 and 2011, the Swiss franc was rapidly appreciating against the euro, causing a drop in exports, losses for the tourism business and a rise in unemployment. This paper gives an overview of developments in the...
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