Latvia Navigating the Strait of Messina Rafael Di Tella Rawi Abdelal Natalie Kindred 2011
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– The Latvian economy has experienced rapid growth since its independence in 1991 – Latvia joined the EU in 2014, and the country has been actively promoting the benefits of EU membership to its population. – Latvian government has actively promoted tourism to the Baltic Sea region as well as promoting its location between Scandinavia and the Black Sea – The Baltic Sea region has several tourist attractions that have attracted significant tourism over the past decade, including the Riga Old
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Latvia has long been a model of fiscal and economic stability and competitiveness. Its success in these areas is no surprise: the country boasts a well-functioning central bank, stable currency exchange rates, low government debt, a low tax rate (currently 9%), and a vibrant private sector that employs almost two thirds of the population. While the banking sector has not experienced significant bankruptcies, private bankruptcies are high. Despite these structural strengths, Latvia remains vulnerable to significant macroeconomic shocks
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Latvia, a small Baltic nation with a population of less than two million, was a peripheral European country until the 1990s when the European Union (EU) adopted its accession roadmap for the 10 Eastern Partnership countries. Latvia’s integration into EU structures provided Latvians with a chance to catch up with the EU’s modern standards and standards of social and economic progress. published here The EU’s strategic concept, “Europeanization,” provided a new impetus to Latvia’s democratization process,
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“[The case study has a problem that you have to solve]. This case study is very relevant, especially for Latvia.” — Rafael Di Tella. [The problem]. I was hired to help the small island nation of Latvia navigate through the narrow straits of Messina, which was formerly a part of the Byzantine Empire. The strait, which connects the island of Elba with the mainland of Italy, is notorious for being one of the busiest ports in the Mediterranean Sea. [The solution]. In order to
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I recently moved back to Latvia, a small Baltic state of 1.8 million inhabitants. I moved to Riga, the capital city of Latvia, on May 14. My last day in Germany, where I was living for 6 years, was May 6. So, in my first few days in Riga, I was moving from one country (Germany) to the other (Latvia). I had no car, and as I am a freelance writer, I could not just drive from my new home in Riga to the capital
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Latvia navigating the strait of Messina: Rafael Di Tella, Rawi Abdelal, and Natalie Kindred. Navigating the Strait of Messina is one of the major trade routes in Europe and Africa. It passes through the Mediterranean Sea and connects the Adriatic and Aegean Seas. It is a strategic, vital link in the global economy, connecting East and West and is a busy transportation route for goods, people, and ideas. It has been the site of conflict, competition, and cooperation over the