If the various data are combined, the only conclusion to be drawn is that the effects of the crisis and the social consequences of the economic downturn are largely related to the economic and social policies of a country's government. A review of the basic socioeconomic indicators for the...

While Latvia had one of the world’s fastest growth rates before the recession, it has lost about a quarter of its GDP since the recession hit. Although the economy is now growing at a good pace, the projections of the ministry for economic affairs suggest that, at best, it will not be able to...