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ArtikelLatvia's election: Guts and glory  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 397 no. 8703 (Oct. 2010), page 58.
Topik: Latvia; Election; Politics; GDP
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.62
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelLATVIA’S recent history has seen off several axioms of modern political economy. One is that maintaining a fixed exchange rate in the midst of a slump is suicidal. Latvia kept its currency peg to the euro and has regained competitiveness through an “internal devaluation”, with large cuts in wages and public spending: a fiscal adjustment equivalent to some 14% of GDP.
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