"Latvia has recorded sustained GDP and productivity growth since 1997. Yet unemployment rates, despite gradual decrease …, have remained high. Hazans explores the mysteries of unemployment in Latvia. He analyzes labor flows between employment …

aftereffects of the 1998 Russian financial crisis. Nevertheless, Latvia faces serious challenges to its future growth and …, they indicate that Latvia is not well positioned to gain ground in the race for global competitiveness, prosperity, and … rising standards of living. Most of Latvia's growth to date has come from one-off gains generated by structural reforms …