Latvia, a small country on the Baltic Sea, became independent in 1918, but was occupied by the Soviet Union in 1940. Like its neighbours, Estonia and Lithuania, Latvia has a skewed resource pattern, small domestic market, and an export concentration into commodities. Prior to the Soviet...

Latvia, a small country on the Baltic Sea, became independent in 1918, but was occupied by the Soviet Union in 1940. Like its neighbours, Estonia and Lithuania, Latvia has a skewed resource pattern, small domestic market, and an export concentration into commodities. Prior to the Soviet...