Latvia stands out as the East European country hardest hit by the global financial crisis; it lost approximately 25 percent of its GDP between 2008 and 2010. It was also the most overheated economy before the crisis. But in the second half of 2010, Latvia returned to economic growth. How did...

Cover -- Contents -- Preface -- Authors' Note -- About the Authors -- Map -- Introduction -- Motivation -- Key Lessons -- Structure of the Book -- Ch 1 Latvia's Post-Soviet Transition -- A Bitter Struggle for Independence -- Radical Transition to a Normal Market Economy -- Evolution of Latvia's...