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Persistent link: https://www.econbiz.de/10013277499
small. After the boomlet of 1997, the Baltic stock exchanges have generally hibernated. Banking crises have been recurrent …
Persistent link: https://www.econbiz.de/10014224052
To mitigate the impact of the 2008-2010 global financial crisis on vulnerable households, the Government of Latvia established Workplaces with Stipends, an emergency public works program that targeted registered unemployed people who were not receiving unemployment benefits. This paper evaluates...
Persistent link: https://www.econbiz.de/10012557027
the exchange rate was maintained, the banking system was supported by its parent banks, external imbalances and inflation …, fiscal sustainability, and a healthier banking system …
Persistent link: https://www.econbiz.de/10013130903
In terms of output decline and increase in unemployment, the economic recession in Latvia that started during the 2008-09 financial crisis was one of the most severe in the world. Using both decomposition of the unemployment rate into structural and cyclical components and Mortensen and...
Persistent link: https://www.econbiz.de/10013083006
Spain. The locally focussed structure of banking amplified the crisis in Spain, whereas the role of out-of-state banks eased … adjustment in Arizona and Latvia. The latter reinforces the case for an EU banking union …
Persistent link: https://www.econbiz.de/10013098836